SLC Seller Finance Fourplex

Utah Multi-Unit Sales Down 10% YTD; Mortgage Rates Creep Back Up; U of U Housing Report Released;

Author

David Robinson
July 09, 2025

> Featured Listings

Click images below to request details.

Main-level living. 2 car garage. Unfinished basement with potential for two additional bedrooms, a family room, and a bathroom. This was built and lived in by family and never used as a rental. Comparable units in the area lease between $1,500 and $1,900-with the potential for higher returns once the basement is finished. This is more than a duplex-it's perfect for investors or owner-occupants seeking space, comfort, and long-term value. Unlike any other duplex on the market. Feels like a home and not a duplex. Oversized living room and family room. Located in the heart of Pl Grove in a quiet cul-de-sac. Spacious open floor plan with unfinished basement and room for 2 more bedrooms, a family room and bathroom. Main floor living. Large 2 car garages! Hardwood floor and upgrades throughout.

Seller Financing! Amazing location right next to the 9th & 9th District. A highly sought after very eclectic, trendy walkable neighborhood. With yoga studio, Coffee Garden, Movie theater, with restaurants, local pub, Contender bike shop and smiths' grocery store and more. Weekly city bicycle ride begins here every Thursday. Tenants love this convenient area. Also, close to Downtown, Liberty Park, And the University of Utah. Westminster College as well as Salt Lake Community college. Seller financing with 30% down payment @ 5.5-6.0% (interest only payments) with loan balance due in 5-years balloon, or with payments based on 30 Year amortization buyer's choice.

LOCATION! 3 blocks south of BYU campus! Charming triplex that is always rented in high demand! Recent updates: Roof, flooring, exterior paint, interior paint, and electrical. All units have their own bathrooms. There is also a full parking lot in the back of the house for all of the renters. Tall ceilings throughout make the place feel very spacious! The exposed brick, original wood floors, and and large porch make this a captivating property! Great investment with close access to BYU, University Ave, and all the fun that Provo offers!

I personally work with a limited number of serious buyers to acquire 4-50 unit multifamily properties in Utah—sourced through my private pipeline of pre-market and off-market deals.
These opportunities come from years of direct-to-owner outreach, long-standing broker relationships, and my private network of over 4,000 investors. Click the button above to learn more.

Fantastic fourplex just minutes from Utah State University, shopping, and downtown Logan. Each unit features 2 beds, 1 bath and covered parking. Full renovation in 2018 including new roof, all kitchen cabinets, flooring, lighting bathroom vanities, tub, toilet, new tile for shower surround. New tile on bathroom floor Solid rental history with great cash flow potential. Perfect for investors or owner-occupants looking to live in one unit and rent the other!

Canovo Group may not be the listing brokerage for the above properties. The information provided is not guaranteed and should not be relied upon to make investment decisions. Buyers should complete their own analysis and due diligence before making any investment.

> Sold Multi-Unit Listings

> Utah Market Data

Multi-Unit (2+ Units) Data

Sold Multi-Unit Listings & Median Price Per Square Foot

  • The median price per square foot for sold multi-unit property is down 4.64% YTD — going from $252 to $241.

  • The number of sold multi-unit listings is down 10.41% YTD — going from 269 last year and 241 so far in 2025.

Single Family Data

Sold Single Family Listings & Median Price Per Square Foot

  • The median price per square foot for sold single family listings is up 1.58% YTD — going from $232 to $235.

  • The number of sold single family listings is up 0.40% YTD — going from 19,101 last year and 19,178 so far in 2025.

> Rates & Financing

Mortgage Rates as of 7/9/2025

> Headlines & Insights

Utah Headlines

U of U Housing Report 2024-2025 — Utah housing prices and rents showed little-to-no growth in 2024. Home sales and listings increased, and residential construction declined as apartment developments tumbled.

Salt Lake Leads Growth – The Wasatch Front added 18,000 new homes in one year, with Salt Lake City building nearly 20% of them. While construction slowed due to high costs, Salt Lake still added over 4,400 residents and remains Utah’s fastest-growing city.

National Headlines

Fed Faces Tough Call – The Fed is divided on whether to cut interest rates as it waits to see how new tariffs affect inflation. With economic uncertainty and a split outlook among officials, rate cuts may not come until late summer or fall.

More Tariffs Incoming – President Trump plans to send out more letters announcing steep new tariffs on imports from several countries, starting August 1. The move continues his push to reshape global trade, with some countries facing rates as high as 40%.

Remote Work’s New Normal – Over 34 million Americans still work from home, but it’s mostly older, college-educated workers in office jobs. Women lead in telework, while younger and less-educated workers remain tied to in-person roles.

David Robinson

Principal Broker/Owner

Whenever you’re ready, here are a few ways I can help you:

1. Access David’s Private Deal Flow: Get access to my private pipeline of pre-market and off-market multi-unit deals. I work 1-on-1 with a small group of clients to help them source, underwrite, and close high-quality opportunities—with hands-on guidance from start to finish.

2. Free Property Performance Review: Whether you own one rental or a full portfolio, I’ll personally review your holdings to assess current value, performance, and your next best move.

3. Free 15-Minute Strategy Call: Whether you're a new or experienced investor, this quick call is a chance to talk through your goals, learn more about our services, explore investment options, or get feedback on a current property or project.