937 E 300 S, Salt Lake City, UT 84102
Salt Lake County
Key Facts
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. Listing agent is related to Seller.
Property Information
Property Type
Residential
Sub-Type
Multi Family
Style
Five-Plex
Year Built
1911
Living Area
5,678 sq ft
Lot Size
0.12 acres
Lot Dimensions
35.0x150.0x35.0
Parking Spaces
5
Zoning
Multi-Family
Days on Market
158
MLS® Listing#
2135108
Property Features
Appliances
Cooling
Heating
Flooring
Patio
Construction
Roof
Windows
Utilities
Sewer
Schools
- Elementary:
- Wasatch
- Middle:
- Bryant
- High:
- East
Financial Details
HOA
None
Annual Taxes
$6,151
Parcel Number
16-05-182-025
Affordability Calculator
$379,980
Estimated monthly payment
$10,112/mo
Principal $1,519,920 · Est. interest $2,120,424 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Salt Lake City, UT
- $643,816
- Median Listing Price
- 66
- Median Days on Market
- 2,028
- Median Sq Ft
- $322
- Median Price / Sq Ft
- 3,139
- Active Listings
- This home’s price is 195% above the area median.
- Its price per sq ft is 4% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Salt Lake City, UT.
Location
Points of Interest in Salt Lake City, UT
Showing the Salt Lake City area map.
Nearby Schools
Bennion Elementary School
Elementary · 0.3 mi away
Bryant Middle School
Elementary · 0.4 mi away
The Other Side Academy
School · 0.5 mi away
Judge Memorial Catholic High School
Secondary · 0.6 mi away
Wasatch Elementary School
Elementary · 0.6 mi away
City Academy
School · 0.6 mi away
Our Lady of Lourdes Catholic School
Secondary · 0.6 mi away
Ukids - Presidents Circle
School · 0.7 mi away
Pinyon Montessori
Elementary · 0.7 mi away
CCNS Preschool
School · 0.7 mi away
Community Cooperative Nursery School
School · 0.7 mi away
University of Utah Math Majors
School · 0.7 mi away
McGillis School
Secondary · 0.8 mi away
Rowland Hall St Mark's School
Elementary · 0.9 mi away
Violin Making School of America
School · 1.0 mi away
East High School
Secondary · 1.0 mi away
The Open Classroom
Elementary · 1.0 mi away
Tanner Humanities Center
School · 1.1 mi away
The Madeleine Choir School
Secondary · 1.1 mi away
Ensign Elementary School
Elementary · 1.4 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1261 E ALAMEDA AVE S, Salt Lake City, UT | $1,350,000 | 10 | 4 | 3,960 |
| 535 W 2530 N 41-46, Cedar City, UT | $1,415,000 | 16 | 9 | 7,104 |
| 535 W 2530 N 23-28, Cedar City, UT | $1,415,000 | 16 | 9 | 7,212 |
| 679 E 2ND AVE N, Salt Lake City, UT | $1,587,000 | 11 | 10 | 5,287 |
| 119 K ST, Salt Lake City, UT | $1,800,000 | 10 | 15 | 8,513 |
| 828 S 500 E, Salt Lake City, UT | $1,900,000 | 15 | 9 | 6,068 |
Moving Cost Estimate
EXIT Agents in Salt Lake City
Listing Courtesy: Lift Realty - 801-609-8511
Last Updated: 2026-02-04