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29715358
29838004

937 E 300 S, Salt Lake City, UT 84102 For Sale

LW
UT 6608967-PB00
SC
UT 6608967-PB00
Lift Realty
Listed by Lift Realty
$1,899,900
158 days on market
Updated 7 days ago

Fully Renovated Turn-Key 5-Plex

Details
APN 16-05-182-025
Property Type Multifamily
Sub Type Student Housing, Fully furnished (+1)
Square Footage 5,678
Units 5
Beds 10
Tenancy Multi
Rent Bumps No
Price per SqFt $335
Broker Co-Op Yes
Class B
Year Built 1911
Year Renovated 2024
Buildings 1
Stories 3
Acreage 0.120
Zoning R-3
Parking Spaces 5 spaces
Parking per 1,000 SqFt 0.88
Investment Type Stabilized
Ground Lease No
Sale Condition N/A

FULLY-RENOVATED TURN-KEY MULTIFAMILY INVESTMENT

Marketing description

PREMIUM TURN-KEY MULTIFAMILY INVESTMENT. Thoughtfully restored and extensively improved, this unique fully furnished 5-plex stands apart from typical multifamily offerings by combining historic character with modern systems, quality finishes, and true turn-key operation. Situated in a highly desirable Eastside Downtown Salt Lake City location near the University of Utah, TRAX, and major employment centers, the property benefits from consistent demand among students, working professionals, and long-term residents seeking quality housing in one of Salt Lake City's most convenient locations. Each of the five apartments features two bedrooms, one full bathroom, a comfortable living area, and dining space. All units have been upgraded with remote-controlled mini-split heating and cooling systems, providing individual climate control in every room. Residents enjoy private front porches or decks, a shared rear patio, on-site laundry facilities, and designated parking. Current rents have remained largely unchanged for several years, providing potential future upside while maintaining exceptional occupancy and tenant retention. Extensive improvements and upgrades to the property's interior and infrastructure have significantly reduced future maintenance concerns, creating an attractive ownership experience for investors who prefer managing an asset rather than a renovation project. Combined with a strong occupancy history, this property offers a rare blend of stability, quality, and long-term investment potential. Detailed financials, renovation history, and video walkthroughs of each unit are available upon request. Listing agent is related to Seller.

Listing Contacts

LW
UT 6608967-PB00
SC
UT 6608967-PB00
Lift Realty
Listed by Lift Realty

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Additional Information

Name
Lucy Walbeck
License
11870725-SA00
Brokerage
Lift Realty
Brokerage Phone
801-792-4847
Title
Broker of Record
Brokerage Address
11978 S September Cv, Sandy, UT 84092
Name
Lucy Walbeck
License
6608967-PB00
Brokerage
Lift Realty
Brokerage Phone
(801) 636-8426
Title
Principal Broker
Name
Spencer Clawson
License
6608967-PB00
Brokerage
Lift Realty
Brokerage Phone
8016368426
Title
Principal Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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