Utah's Premier | OnX Realty

55 E 200 N

Salt Lake City, UT 84103

Stories: 1

Salt Lake City, UT 84103

55 E 200 N

$2,100,000

MLS#: 2149437

Status: Active Under Contract

Listing provided by: Summit Sotheby's International Realty

Listing agent phone: None

Last update: 2 months ago

On site: 4 months ago

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AVENUES - Residential

About

This rare multi-family offering consists of three standalone duplexes creating six individual residential units, ideally located on Capitol Hill bordering downtown, the State Capitol, and the Avenues in one of Salt Lake City's most desirable and enduring neighborhoods. Positioned just above North Temple, the property provides exceptional accessibility to the University of Utah, the vibrant urban corridor, the airport, and the surrounding canyons, while maintaining a sense of privacy set back from the city center. The unique configuration creates a residential environment where each unit lives more like an individual home, with private entryways framed by distinctive turret-style architectural elements. Rich in character, the residences feature original hardwood floors, fireplaces, curved doorways, and colorful vintage tile, elements that have contributed to long-term tenant retention and a strong sense of place. The unit mix includes two one-bedroom, two two-bedroom, and two three-bedroom residences, each with one bathroom and thoughtful layouts. Several units offer additional flexibility with den or dining spaces, along with private balconies capturing views of downtown and the surrounding mountain ranges. A central courtyard provides a shared outdoor gathering space, complemented by covered parking for each unit, shared laundry, and additional storage. While currently capturing below market rents, this property attracts consistent loyalty with many tenants in place for extended periods, some for over two decades, a firm reflection of both the appeal of the property and the stability it offers. While the property has been maintained over time, it presents a clear opportunity for a future owner to thoughtfully update and reposition the asset, aligning rents more closely with current market levels while preserving its architectural integrity. A compelling opportunity to acquire a legacy property with strong fundamentals, irreplaceable character, and meaningful long-term upside in one of Salt Lake City's most sought-after locations.

Property

Beds

12

Full Baths

None

1/2 Baths

None

Year Built

1936

Sq.Footage

7,304

Features

Features & Amenities

Interior

  • Total Bedrooms

    12

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Fireplace Insert, Central, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Other Exterior Features

    Balcony

  • Patio and Porch Features

    Patio, Porch

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Mountain(s)

Area & Lot

  • Lot Size(acres)

    0.31

  • Lot Size(square feet)

    13,503

  • Property Type

    Residential

  • Property Sub Type

    Multi Family

  • Architectural Style

    Stories: 1

Price

  • Sales Price

    $2,100,000

  • Tax Amount

    $8,815

  • Zoning

    1205

  • Sq. Footage

    7,304

  • Price/SqFt

    $287

HOA

  • Association

    No

Property Resources

  • Horse Property

    NO

School District

  • Elementary School

    Salt Lake

  • Middle School

    Bryant

  • High School

    West

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

Schedule

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Location

  • County

    Salt Lake

  • Elementary School

    Salt Lake

  • Middle School

    Bryant

  • High School

    West

Listing Courtesy of Thomas Wright , Summit Sotheby's International Realty

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Agent Damon Luke

Damon Luke

President / Real Estate Advisor

Call Damon today to schedule a private showing.

Phone (801) 477-7421

Email Damon@OnXrealty.com


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55 E 200 N

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