Map
Listed price in listed location currency (USD).
$625,000

5510

MLS® 2168097

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 3195 sqft
Garage 
Taxes $4,467
Days Active 0
Lot Size 0.16 Acres
Approx. Age 1904
Avg. Price Per Sqft $195
MLS® Number 2168097

Property Address: 423 E 1st Ave, Salt Lake City, UT, 84103-2624

Average square foot calculated using Size range provided by listing agent.

Description

Investment opportunity in Salt Lake City's highly desirable Avenues neighborhood. Located just minutes from Downtown Salt Lake City, the University of Utah, major hospitals, restaurants, and outdoor recreation, this five-unit property offers a rare chance to own multifamily real estate in a prime location. The property consists of five one-bedroom, one-bathroom units on a large lot with significant upside potential. While the building needs renovation, it presents an excellent opportunity for an investor looking to improve the property, increase rents, and add value over time. The Avenues continues to see strong rental demand thanks to its walkability, historic character, and close proximity to downtown and the University of Utah. The oversized lot may also offer future opportunities, subject to buyer verification. Whether you're looking for a value-add project, long-term investment, or redevelopment opportunity, this property offers a chance to invest in one of Salt Lake City's most established neighborhoods.
MLS® Number2168097
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1904
BasementEntrance, Full, Basement Entrance
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 26, 2026List Date
$625,000List Price
  • Commute

Commute

Starting Address
Destination Address
423 E 1St Ave, Salt Lake City, UT

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