Key Facts
- MLS® #: 2117690
- Property ID: SIRC2860899
- Original Price: USD 1,150,000
- Property Type: Residential, Other
- Lot Size: 0.17 ac
- Year Built: 1958
- Bedrooms: 6
- Bathrooms: 5
- Listed By:
- Ryan Kirkham
Property Description
Investment opportunity in the highly desirable Avenues neighborhood of Salt Lake City. This well-maintained fourplex is full of practical updates. The attractive brick exterior, newer asphalt shingle roof, and the corner lot provide lasting curb appeal. Each unit has separate gas and electric meters that make management straightforward and efficient. Covered parking and individual storage closets add convenience and value for tenants. The property’s location offers unbeatable proximity to downtown, the University of Utah, the hospital, city parks, and shopping and dining. This fourplex rents easily and consistently, with a strong history of occupancy. Current rental rates are below market, offering immediate potential for increased cash flow and long-term growth. Whether you’re a seasoned investor or looking to begin your multifamily portfolio in one of Salt Lake City’s most historic and stable neighborhoods, this property offers the perfect balance of reliability, charm, and upside.
Amenities
- 2 Fireplaces
- Campus Living
- Cycling
- Golf
- Historic
- Jogging/Bike Path
- Mountain View
- Patio
- Sprinkler System
- Storage
- Suburban
- Underground Sprinkler
- University/College
Listing Agents
- Ryan Kirkham
C. 8014500900
O. 8014500900
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Location
636 East 2nd Avenue, Salt Lake City, Utah, 84103 United States
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Request NowArea Description
This was Salt Lake City’s first neighborhood, established in the 1850s. It sits above Salt Lake City’s downtown area, giving you the feel of being above it all, while still in the middle of everything. Homes are nestled on the sides of the foothills to the north of the city. Residents tend to be politically progressive. Homes have a well-tended, “artsy” feel. The Avenues is the home of many professionals in Salt Lake who want a short commute to downtown, the University of Utah or the capitol. That vibe meshes nicely with the older, Victorian architecture of the homes you will find here. Memory Grove and City Creek Canyon are popular areas for hiking and outdoor recreation.
Marketed By
Summit Sotheby's International Realty
1260 E. Stringham Ave. Suite 100
Salt Lake City, Utah, 84106
United States
8014672100