Utah's Premier | OnX Realty

905 E 200 S

Salt Lake City, UT 84102

Stories: 2

Salt Lake City, UT 84102

905 E 200 S

$2,950,000

MLS#: 2176326

Status: Active

Listing provided by: Christie's International Real Estate VUE (Christies VUE Salt Lake)

Listing agent phone: None

Last update: 23 days ago

On site: 2 months ago

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About

Rarely does an offering combine this much location, character, and untapped income potential in one package. Situated in the heart of East Central, this 16-unit brick apartment community sits perfectly between downtown Salt Lake City's core and the University of Utah - just three blocks from TRAX, and walking distance to shopping, dining, and everything the neighborhood has to offer. Built in 1937, the property retains the timeless charm of Salt Lake's classic walk-up apartment stock, while benefiting from significant recent capital improvements: a new roof, refurbished exterior siding, and plumbing and electrical upgrades completed in 2024. Seven of the sixteen units have also been individually updated, offering a strong mix of renovated and classic units to support a flexible leasing and value-add strategy. The unit mix - 8 studios, 5 one-bedrooms, and 3 two-bedrooms - appeals to a broad renter pool, from students and young professionals to downtown commuters. With current rents sitting meaningfully below market across the studio and one-bedroom units, this property offers a clear, executable path to increased NOI through strategic lease-up and renewal pricing, without requiring major capital investment beyond what's already been completed. Whether you're targeting a value-add reposition or a stabilized hold with embedded upside, 905 East 200 South presents a compelling opportunity in one of Salt Lake City's most in-demand rental corridors.

Property

Beds

11

Full Baths

None

1/2 Baths

None

Year Built

1937

Sq.Footage

10,150

Features

Features & Amenities

Interior

  • Total Bedrooms

    11

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Radiant

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.23

  • Lot Size(square feet)

    10,018

  • Property Type

    Residential

  • Property Sub Type

    Multi Family

  • Architectural Style

    Stories: 2

Price

  • Sales Price

    $2,950,000

  • Tax Amount

    $14,273

  • Sq. Footage

    10,150

  • Price/SqFt

    $290

HOA

  • Association

    No

Property Resources

  • Horse Property

    NO

School District

  • Elementary School

    Salt Lake

  • Middle School

    Bryant

  • High School

    East

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

Schedule

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Location

  • County

    Salt Lake

  • Elementary School

    Salt Lake

  • Middle School

    Bryant

  • High School

    East

Listing Courtesy of Cherie M Major, Christie's International Real Estate VUE (Christies VUE Salt Lake)

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Agent Damon Luke

Damon Luke

President / Real Estate Agent

Call Damon today to schedule a private showing.

Phone (801) 477-7421

Email Damon@OnXrealty.com


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905 E 200 S

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