423 E 1st Ave N, Salt Lake City, UT 84103

Salt Lake City
Local realty services provided by:Better Homes and Gardens Real Estate Momentum
423 E 1st Ave N,Salt Lake City, UT 84103
$625,000
  • 5 Beds
  • 5 Baths
  • 3,195 sq. ft.
  • Multi-family
  • Active
Listed by: casey halliday
Office: windermere real estate
MLS#:2168095
Source:SL

Price summary

  • Price:$625,000
  • Price per sq. ft.:$195.62

About this home

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, subject to buyer verification. Whether you're looking for a value-add project, long-term investment, or redevelopment opportunity, this property offers a chance to invest in one of Salt Lake City's...

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Home facts

  • Year built:1904
  • Listing ID #:2168095
  • Added:3 day(s) ago
  • Updated:June 29, 2026 at 11:18 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Living area:3,195 sq. ft.

Structure and exterior

  • Roof:Asphalt
  • Year built:1904
  • Building area:3,195 sq. ft.
  • Lot area:0.16 Acres
  • Construction Materials:Brick, Concrete
  • Exterior Features:Basement Entrance, Covered, Patio: Covered

Schools

  • High school:West
  • Middle school:Bryant
  • Elementary school:Wasatch

Utilities

  • Water:Culinary, Water Connected
  • Sewer:Sewer Connected, Sewer: Connected, Sewer: Public

Finances and disclosures

  • Price:$625,000
  • Price per sq. ft.:$195.62
  • Tax amount:$4,467

Parking

  • Total parking spaces:10
  • Parking description:Parking: Uncovered

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