425 S 900 E, Salt Lake City, UT 84102
PLAT B · Salt Lake County
Key Facts
Description
Well-located 15-unit apartment building in the heart of Salt Lake City, just minutes from the University of Utah. The property features a highly desirable unit mix of twelve 2-bedroom/1-bath units and three 1-bedroom/1-bath units, all offering spacious, functional layouts that appeal to both student and professional tenants. The property was comprehensively renovated in 2022 by current ownership, with upgrades including modern cabinetry, countertops, flooring, paint, appliances, and HVAC systems. Units offer a clean, updated feel while maintaining a level of character that fits the surrounding neighborhood. Benefiting from its proximity to the University, hospital systems, and downtown, the property has consistently attracted strong tenant demand. This is an excellent opportunity to acquire a renovated, well-positioned asset in one of Salt Lake City's most reliable rental corridors.
Property Information
Property Type
Residential
Sub-Type
Multi Family
Style
Stories: 2
Year Built
1971
Living Area
13,128 sq ft
Lot Size
0.31 acres
Lot Dimensions
0.0x0.0x0.0
Zoning
Multi-Family
Days on Market
1
MLS® Listing#
2153765
Property Features
Appliances
Cooling
Heating
Flooring
Parking
Patio
Construction
Windows
Utilities
Schools
- Elementary:
- Wasatch
- Middle:
- Bryant
- High:
- East
Financial Details
HOA
None
Annual Taxes
$20,597
Parcel Number
16-05-332-024
Affordability Calculator
$890,000
Estimated monthly payment
$23,685/mo
Principal $3,560,000 · Est. interest $4,966,517 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Salt Lake City, UT
- $643,129
- Median Listing Price
- 67
- Median Days on Market
- 2,026
- Median Sq Ft
- $321
- Median Price / Sq Ft
- 3,120
- Active Listings
- This home’s price is 592% above the area median.
- Its price per sq ft is 6% 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 · 0.1 mi away
Judge Memorial Catholic High School
Secondary · 0.4 mi away
Our Lady of Lourdes Catholic School
Secondary · 0.4 mi away
Bryant Middle School
Elementary · 0.6 mi away
The Other Side Academy
School · 0.6 mi away
Rowland Hall St Mark's School
Elementary · 0.6 mi away
City Academy
School · 0.6 mi away
CCNS Preschool
School · 0.6 mi away
Community Cooperative Nursery School
School · 0.6 mi away
McGillis School
Secondary · 0.6 mi away
Ukids - Presidents Circle
School · 0.7 mi away
Pinyon Montessori
Elementary · 0.8 mi away
East High School
Secondary · 0.8 mi away
Wasatch Elementary School
Elementary · 0.8 mi away
University of Utah Math Majors
School · 0.9 mi away
Violin Making School of America
School · 1.0 mi away
The Open Classroom
Elementary · 1.1 mi away
Tanner Humanities Center
School · 1.2 mi away
The Madeleine Choir School
Secondary · 1.2 mi away
Emerson Elementary School
Elementary · 1.3 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 |
|---|---|---|---|---|
| 227 N SPENCER CT, Salt Lake City, UT | $3,599,999 | 30 | 22 | 13,866 |
| 63 S 400 E, Salt Lake City, UT | $3,999,999 | 27 | 32 | 32,000 |
| 146 E 2ND AVE, Salt Lake City, UT | $4,345,000 | 28 | 21 | 14,850 |
| 120 G ST, Salt Lake City, UT | $4,450,000 | 27 | 15 | 13,077 |
| 1346 S SAWMILL BLVD 601-10, Heber City, UT | $4,450,000 | 30 | 20 | 14,000 |
| 1378 S SAWMILL BLVD 7-703, Heber City, UT | $4,500,000 | 30 | 20 | 14,000 |
Moving Cost Estimate
EXIT Agents in Salt Lake City
Listing Courtesy: Investment Realty Advisors LLC - 435-485-7070
Last Updated: 2026-04-28