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55 E 200

Salt Lake City, UT 84103

$2,100,000 $8,853/Mo

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Overview

Bed

Bath

7,304

Sqft

0.31

Acre(Lot)

Description

This rare multi-family offering consists of three standalone duplexes creating six individual residential units, ideally located on Capitol Hill bordering downtown, the State Capitol, and the Avenues in one of Salt Lake City's most desirable and enduring neighborhoods. Positioned just above North Temple, the property provides exceptional accessibility to the University of Utah, the vibrant urban corridor, the airport, and the surrounding canyons, while maintaining a sense of privacy set back from the city center. The unique configuration creates a residential environment where each unit lives more like an individual home, with private entryways framed by distinctive turret-style architectural elements. Rich in character, the residences feature original hardwood floors, fireplaces, curved d oorways, and colorful vintage tile, elements that have contributed to long-term tenant retention and a strong sense of place. The unit mix includes two one-bedroom, two two-bedroom, and two three-bedroom residences, each with one bathroom and thoughtful layouts. Several units offer additional flexibility with den or dining spaces, along with private balconies capturing views of downtown and the surrounding mountain ranges. A central courtyard provides a shared outdoor gathering space, complemented by covered parking for each unit, shared laundry, and additional storage. While currently capturing below market rents, this property attracts consistent loyalty with many tenants in place for extended periods, some for over two decades, a firm reflection of both the appeal of the property and the stability it offers. While the property has been maintained over time, it presents a clear opportunity for a future owner to thoughtfully update and reposition the asset, aligning rents more closely with current market levels while preserving its architectural integrity. A compelling opportunity to acquire a legacy property with strong fundamentals, irreplaceable character, and meaningful long-term upside in one of Salt Lake City's most sought-after locations.

Property Details

Property Type : Residential

Price : $2,100,000

AD Id : 80004596

MLS Id : 2149437

Beds : 12

Lot Size : 0.31 Acre

Living Area Size : 7,304

Year Built : 1936

County : Salt Lake

Subdivision: Ivy Hill

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 12

Bathroom Information

Total Baths: 6
Flooring Information

Hardwood, Tile, Vinyl
Roofing Information

Tile
Interior Features

Roof: Tile Appliances: Dishwasher, Oven, Range, Dryer, Refrigerator, Washer Laundry Features: Electric Dryer Hookup Window Features: Window Coverings, Blinds
Heating & Cooling

Has Heating: Yes Heating: Fireplace Insert, Central, Natural Gas Cooling: None

Building Information

Year Built: 1936 Building Area Total: 7304 Construction Materials: Stucco Frontage Length: 0.0 Patio And Porch Features: Patio, Porch Private Pool: No View: Mountain(s)
Exterior Features

Exterior Features: Balcony

Lot Information

Lot Dimensions: 0.0x0.0x0.0 Main Square Feet: 0.31 Acres Lot Size Acres: 0.31 Lot Size Square Feet: 13503.6

Property Information

Subdivision: AVENUES Source Property Type: Residential Zoning Description: 1205 Property SubType: Multi Family Property Age: 90

Listing Price Information

Listing Price: $2100000 Original Price: $2900000 Cash, Conventional

Tax Information

Parcel Number: 09-31-308-025 Annual Tax: $8815

Virtual Tour

Virtual Tour (External Link)

School Information

Elementary School: Washington

Junior High School: Bryant

Senior High School: West
Utility Information

Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Location Information

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
119 K St, Salt Lake City, UT, 84103	$1,940,000	10	15	8,513	8,513 SqFt
120 G St, Salt Lake City, UT, 84103	$4,450,000	27	15	13,077	13,077 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
475 N Wall St, Salt Lake City, UT, 84103	$1,949,000	16	8	7,000	7,000 SqFt
679 E 2nd Ave, Salt Lake City, UT, 84103	$1,587,000	11	10	5,287	5,287 SqFt
778 N 300, Salt Lake City, UT, 84103	$5,750,000	26	23	16,800	16,800 SqFt

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 06/07/2026 @ 10:05. 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 06/07/2026 @ 10:05

MLS: 2149437 LISTED BY: Thomas Wright, Summit Sotheby's International Realty 435-649-1884 SOURCE: UtahRealEstate (Wasatch Front)