55 E 200 N, Salt Lake City, UT 84103
Local realty services provided by:Better Homes and Gardens Real Estate Momentum
Listed by: thomas wright, erin eldredge
Office: summit sotheby's international realty
MLS#:2149437
Source:SL
Price summary
- Price:$2,900,000
- Price per sq. ft.:$397.04
About this home
This rare six-unit multi-family property is 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. Comprised of three standalone duplexes, the property creates a unique 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 doorways, 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....
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Home facts
- Year built:1936
- Listing ID #:2149437
- Added:652 day(s) ago
- Updated:April 12, 2026 at 11:12 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:6
- Flooring:Hardwood, Tile, Vinyl
- Kitchen Description:Dishwasher: Built-In, Range/Oven: Free Stdng.
- Living area:7,304 sq. ft.
Heating and cooling
- Heating:Gas: Central
Structure and exterior
- Roof:Tile
- Year built:1936
- Building area:7,304 sq. ft.
- Lot area:0.31 Acres
- Lot Features:Curb & Gutter, Flat, Road: Paved, Sidewalks, Sprinkler: Auto-Full
- Construction Materials:Cinder Block, Stucco
- Exterior Features:Balcony, Patio: Open, Porch: Open
Schools
- High school:West
- Middle school:Bryant
- Elementary school:Washington
Utilities
- Water:Culinary, Water Connected
- Sewer:Sewer Connected, Sewer: Connected, Sewer: Public
Finances and disclosures
- Price:$2,900,000
- Price per sq. ft.:$397.04
- Tax amount:$8,815
Features and amenities
- Laundry features:Electric Dryer Hookups
- Amenities:Window Coverings
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