Property
Beds
10
Full Baths
None
1/2 Baths
None
Year Built
1911
Sq.Footage
5,678
** OPEN HOUSE FRIDAY 2/28 & SATURDAY 2/29 FROM 11AM-2PM ** Fully occupied 5-plex in a prime Eastside Downtown Salt Lake City location. Just minutes from the University of Utah and nearby bus/TRAX stations, this 5,678-square-foot multifamily property delivers strong, consistent tenant demand in one of the city's most walkable and convenient neighborhoods. The property is fully furnished and turn-key, offering immediate cash flow, with consistent demand via Airbnb, Furnished Finder, and Facebook Marketplace from students, working professionals, and travelers. Each of the five apartments features two bedrooms, one full bathroom, a comfortable living area, and a full kitchen with dining space. All units have been recently painted and upgraded with remote-controlled mini-split heating and cooling, providing individual climate control in each room. Two of the units were newly constructed in 2024. Residents enjoy private front porch/deck spaces, a shared rear patio area, and an on-site laundry room with coin and credit card-operated machines. The property includes five designated outdoor parking spaces, with additional free street parking available. This charming multifamily asset blends historic character with modern updates, making it a compelling opportunity for investors seeking long-term stability in a highly desirable Salt Lake City location. The listing agent is related to the Seller.
Features & Amenities
Interior
-
Total Bedrooms
10
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Stone
-
Patio and Porch Features
Deck, Covered, Patio
-
Pool
No
-
View
Mountain(s)
Area & Lot
-
Lot Size(acres)
0.12
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Five-Plex
Price
-
Sales Price
$2,049,900
-
Tax Amount
$6,151
-
Zoning
R-3
-
Sq. Footage
5, 678
-
Price/SqFt
$361
HOA
-
Association
No
School District
-
Elementary School
Salt Lake
-
Middle School
Bryant
-
High School
East
Property Features
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Salt Lake
Elementary School
Salt Lake
Middle School
Bryant
High School
East
Listing Courtesy of Lucile Walbeck , Lift Realty
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President / Real Estate Advisor
Damon Luke
Call Damon today to schedule a private showing.
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