937 E 300 S

Salt Lake City, UT 84102

Five-Plex

Salt Lake City, UT 84102

937 E 300 S

$1,899,000

MLS#: 2135108

Status: Active

Listing provided by: Lift Realty

Listing agent phone: None

Last update: 27 days ago

On site: 7 months ago

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About

PREMIUM TURN-KEY MULTIFAMILY INVESTMENT. Thoughtfully restored and extensively improved, this unique 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 and costs, 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.

Property

Beds

10

Full Baths

None

1/2 Baths

None

Year Built

1911

Sq.Footage

5,678

Features

Features & Amenities

Interior

  • Total Bedrooms

    10

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Stone

  • Patio and Porch Features

    Deck, Covered, Patio

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Mountain(s)

Area & Lot

  • Lot Size(acres)

    0.12

  • Lot Size(square feet)

    5,227

  • Property Type

    Residential

  • Property Sub Type

    Multi Family

  • Architectural Style

    Five-Plex

Price

  • Sales Price

    $1,899,000

  • Tax Amount

    $6,151

  • Zoning

    R-3

  • Sq. Footage

    5,678

  • Price/SqFt

    $334

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

  • Sewer

    Public Sewer

Schedule

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Location

  • County

    Salt Lake

  • Elementary School

    Salt Lake

  • Middle School

    Bryant

  • High School

    East

Listing Courtesy of Lucile Walbeck, Lift Realty

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937 E 300 S

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