905 E 200 S, Salt Lake City, UT 84102
Local realty services provided by:Better Homes and Gardens Real Estate Momentum
Listed by: jason selman
Office: christie's int. re vue
MLS#:12603547
Source:UT_PCBR
Price summary
- Price:$3,400,000
- Price per sq. ft.:$334.98
About this home
Rarely does an offering combine this much location, character, and untapped income potential in one package. Situated in the heart of East Central, this 16-unit brick apartment community sits perfectly between downtown Salt Lake City's core and the University of Utah - just three blocks from TRAX, and walking distance to shopping, dining, and everything the neighborhood has to offer.
Built in 1937, the property retains the timeless charm of Salt Lake's classic walk-up apartment stock, while benefiting from significant recent capital improvements: a new roof, refurbished exterior siding, and plumbing and electrical upgrades completed in 2024. Seven of the sixteen units have also been individually updated, offering a strong mix of renovated and classic units to support a flexible leasing and value-add strategy.
The unit mix - 8 studios, 5 one-bedrooms, and 3 two-bedrooms - appeals to a broad renter pool, from students and young professionals to downtown commuters. With current rents sitting meaningfully below market across the studio and one-bedroom units, this property offers a clear, executable path to increased NOI through strategic lease-up and renewal pricing, without requiring major capital investment beyond what's already been completed.
Whether you're targeting a value-add reposition or a stabilized hold with embedded upside, 905 East 200 South presents a compelling opportunity in one of Salt Lake City's most in-demand rental corridors....
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Home facts
- Year built:1937
- Subdivision & Development:Wasatch Front Ar 58
- Listing ID #:12603547
- Added:55 day(s) ago
- Updated:September 29, 2026 at 03:01 PM
Rooms and interior
- Bedrooms:11
- Total bathrooms:16
- Full bathrooms:16
- Kitchen Description:Refrigerator
- Living area:10,150 sq. ft.
Heating and cooling
- Heating:Steam
Structure and exterior
- Roof:Shingle
- Year built:1937
- Building area:10,150 sq. ft.
- Lot area:0.23 Acres
- Lot Features:On Bus Route
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,400,000
- Price per sq. ft.:$334.98
- Tax amount:$14,273 (2024)
Parking
- Parking description:Detached
- Garage spaces:5
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