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 -
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 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: Multi Family Direction Faces: South Property Age: 122
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Listing Price Information
Listing Price: $625000 Cash, Conventional
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Tax Information
Parcel Number: 09-31-480-014 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 -
Utility Information
Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected -
Location Information
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 119 K St, Salt Lake City, UT, 84103 | $1,800,000 | 10 | 15 | 8,513 | 8,513 SqFt |
| 201 N I St, Salt Lake City, UT, 84103 | $1,186,000 | 6 | 5 | 4,272 | 4,272 SqFt |
| 120 G St, Salt Lake City, UT, 84103 | $4,450,000 | 27 | 15 | 13,077 | 13,077 SqFt |
| 60 E St, Salt Lake City, UT, 84103 | $1,949,999 | 12 | 7 | 6,620 | 6,620 SqFt |
| 135 B St, Salt Lake City, UT, 84103 | $865,000 | 3 | 4 | 3,000 | 3,000 SqFt |
| 107 E B St, Salt Lake City, UT, 84103 | $7,495,000 | 45 | 28 | 21,548 | 21,548 SqFt |
| 227 N Spencer Ct, Salt Lake City, UT, 84103 | $3,599,999 | 30 | 22 | 13,866 | 13,866 SqFt |
| 146 E 2nd Ave Ave, Salt Lake City, UT, 84103 | $4,345,000 | 28 | 21 | 14,850 | 14,850 SqFt |
| 141 E 1st Ave, Salt Lake City, UT, 84103 | $6,550,000 | 30 | 32 | 30,838 | 30,838 SqFt |
| 537 N Darwin St, Salt Lake City, UT, 84103 | $770,000 | 4 | 4 | 2,442 | 2,442 SqFt |
Similar Multifamily To 423 E 1st Ave
Nearby For Sale
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 06/27/2026 @ 07:13. 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 @ 07:13
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