937 E 300 S, Salt Lake City, UT 84102

$1,899,900
10
BD
5
BA
5,678
SqFt

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List Price
$1,899,900
Status
ACTIVE
Days on Market
177
Price Change
▼ $95,100 1784016711
MLS#
2135108
Style
Five-Plex
Year Built
1911
Bedrooms
10
Bathrooms
5
Living Area
5,678
Lot Size
5,227
Acres
0.12
MLS Area Major
Salt Lake City; So. Salt Lake

Property Description

PREMIUM TURN-KEY MULTIFAMILY INVESTMENT. Thoughtfully restored and extensively improved, this unique fully furnished 5-plex stands apart from typical multifamily offerings by combining historic character with modern systems, quality finishes, and true turn-key operation. Situated in a highly desirable Eastside Downtown Salt Lake City location near the University of Utah, TRAX, and major employment centers, the property benefits from consistent demand among students, working professionals, and long-term residents seeking quality housing in one of Salt Lake City's most convenient locations. Each of the five apartments features two bedrooms, one full bathroom, a comfortable living area, and dining space. All units have been upgraded with remote-controlled mini-split heating and cooling systems, providing individual climate control in every room. Residents enjoy private front porches or decks, a shared rear patio, on-site laundry facilities, and designated parking. Current rents have remained largely unchanged for several years, providing potential future upside while maintaining exceptional occupancy and tenant retention. Extensive improvements and upgrades to the property's interior and infrastructure have significantly reduced future maintenance concerns, creating an attractive ownership experience for investors who prefer managing an asset rather than a renovation project. Combined with a strong occupancy history, this property offers a rare blend of stability, quality, and long-term investment potential. Listing agent is related to Seller.

Additional Information

Interior Features
Disposal, Kitchen: Updated, Range/Oven: Free Stdng., Dishwasher: Built-In
Exterior Features
Basement Entrance, Deck; Covered, Double Pane Windows, Patio: Covered, Patio: Open
Taxes
$6,151
Property Description
Five-Plex
Zoning
Multi-Family
Flooring
Carpet, Tile
Heating
Forced Air
Exterior Construction
Brick, Composition, Stone
Roof
Rubber
School District
Salt Lake
Elementary School
Wasatch
Middle School
Bryant
High School
East

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Lift Realty.