423 E 1st Ave
Salt Lake City, UT 84103
5
Bed
5
Bath
3,195Sqft
0.16Acre(Lot)
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, sub
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 5 Full Baths: 5Room Information
Rooms Total: 20 Has Basement: Yes Basement: Full -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt -
Heating & Cooling
Heating: None Cooling: None
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Building Information
Year Built: 1904 Building Area Total: 3195 Construction Materials: Brick, Concrete, Cement Siding Stories: 3 Frontage Length: 0.0 Patio And Porch Features: Covered Private Pool: No
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Lot Information
Lot Dimensions: 0.0x0.0x0.0 Main Square Feet: 0.16 Acres Lot Size Acres: 0.16 Lot Size Square Feet: 6969.6Property Information
Subdivision: AVENUES Source Property Type: Residential Zoning Description: RMF-35 Property SubType: Single Family Residence Direction Faces: South Property Age: 122
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Listing Price Information
Listing Price: $625000
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Tax Information
Parcel Number: 09-30-480-014 Annual Tax: $4467
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Parking Information
Parking Total: 10
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School Information
Elementary School: WasatchJunior High School: BryantSenior High School: West
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1564 E Federal Pointe Dr, Salt Lake City, UT, 84103 | $3,250,000 | 4 | 5 | 7,253 | 7,253 SqFt |
| 1714 E Fort Douglas Cir, Salt Lake City, UT, 84103 | $3,350,000 | 6 | 6 | 9,155 | 9,155 SqFt |
| 1609 E Arlington Dr, Salt Lake City, UT, 84103 | $2,995,000 | 5 | 3 | 5,684 | 5,684 SqFt |
| 1522 E Military Way, Salt Lake City, UT, 84103 | $3,175,000 | 4 | 5 | 6,416 | 6,416 SqFt |
| 1475 E Military Way, Salt Lake City, UT, 84103 | $2,000,000 | 3 | 5 | 4,629 | 4,629 SqFt |
| 405 N Virginia St, Salt Lake City, UT, 84103 | $3,850,000 | 4 | 4 | 6,369 | 6,369 SqFt |
| 422 N Castor Ln, Salt Lake City, UT, 84103 | $5,250,000 | 6 | 6 | 8,532 | 8,532 SqFt |
| 29 N Wolcott St, Salt Lake City, UT, 84103 | $1,595,000 | 5 | 5 | 4,072 | 4,072 SqFt |
| 29 N Wolcott Street, Salt Lake City, UT, 84103 | $1,595,000 | 5 | 3.5 | 4,072 | 4,072 SqFt |
| 1400 Perry Ave, Salt Lake City, UT, 84103 | $1,700,000 | 4 | 3 | 2,927 | 2,927 SqFt |
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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 06/27/2026 @ 17:16. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
ByOwner last updated this listing 06/27/2026 @ 17:16
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