4345 S HIGHLAND DR

Holladay, UT 84124

Stories: 2

Holladay, UT 84124

4345 S HIGHLAND DR

$2,400,000

MLS#: 2151411

Status: Active

Listing provided by: Marcus & Millichap Real Estate Investment Services of Atlanta, INC

Listing agent phone: None

Last update: 9 days ago

On site: a month ago

HIGHLAND - Residential

About

Marcus & Millichap is pleased to present this exclusive listing of a core+ multifamily asset in Salt Lake City's Holliday, one of the region's most resilient rental submarkets. The investment thesis is straightforward: in-place cash flow paired with clearly defined upside through natural tenant turnover and ancillary income strategies. In-place rents reflect a tenured resident base, with an average tenancy of approximately two and a half years, signaling stability while presenting a mark-to-market opportunity as units turn. The asset benefits from strong demographic tailwinds driven by Utah's sustained population growth and a widening mortgage-to-rent affordability gap that continues to push would-be buyers into the rental market. Do not disturb tenants. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement. Contact listing agent for financials or to schedule a tour.

Property

Beds

14

Full Baths

None

1/2 Baths

None

Year Built

1960

Sq.Footage

7,072

Features

Features & Amenities

Interior

  • Total Bedrooms

    14

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.36

  • Lot Size(square feet)

    15681.6

  • Property Type

    Residential

  • Property Sub Type

    Multi Family

  • Architectural Style

    Stories: 2

Price

  • Sales Price

    $2,400,000

  • Tax Amount

    $9,942

  • Zoning

    RM

  • Sq. Footage

    7, 072

  • Price/SqFt

    $339

HOA

  • Association

    No

School District

  • Elementary School

    Granite

  • Middle School

    Wasatch

  • High School

    Olympus

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

Schedule

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Location

  • County

    Salt Lake

  • Elementary School

    Granite

  • Middle School

    Wasatch

  • High School

    Olympus

Listing Courtesy of Evan Clark , Marcus & Millichap Real Estate Investment Services of Atlanta, INC

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Marcus & Millichap is pleased to present this exclusive listing of a core+ multifamily asset in Salt Lake City's Holliday, one of the region's most resilient rental submarkets. The investment thesis is straightforward: in-place cash flow paired with clearly defined upside through natural tenant turnover and ancillary income strategies. In-place rents reflect a tenured resident base, with an average tenancy of approximately two and a half years, signaling stability while presenting a mark-to-market opportunity as units turn.  The asset benefits from strong demographic tailwinds driven by Utah's sustained population growth and a widening mortgage-to-rent affordability gap that continues to push would-be buyers into the rental market.  Do not disturb tenants. Square footage figures are provided as a courtesy estimate only.  Buyer is advised to obtain an independent measurement. Contact listing agent for financials or to schedule a tour.

4345 S HIGHLAND DR

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