BEDS5
BATHS5 full
SQUARE FEET3,195
MLS#2168097
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONAVENUES
SCHOOLSalt Lake
Property Description
Investment opportunity in Salt Lake City's highly desirable Avenues neighborhood. Located just minutes from Downtown Salt Lake City, the University of Utah, major hospitals, restaurants, and outdoor recreation, this five-unit property offers a rare chance to own multifamily real estate in a prime location. The property consists of five one-bedroom, one-bathroom units on a large lot with significant upside potential. While the building needs renovation, it presents an excellent opportunity for an investor looking to improve the property, increase rents, and add value over time. The Avenues continues to see strong rental demand thanks to its walkability, historic character, and close proximity to downtown and the University of Utah. The oversized lot may also offer future opportunities, subject to buyer verification. Whether you're looking for a value-add project, long-term investment, or redevelopment opportunity, this property offers a chance to invest in one of Salt Lake City's most established neighborhoods.
Property Features
Property Type: Residential - Single Family
Basement: Entrance, Full
Basement: Yes
Home Style: Victorian
Lot Size: 0.16 Acres
Roof Type: Asphalt
Stories: 3.0
Taxes: $4,467
Year Built: 1904
Amenities
Basement Entrance
Patio: Covered
Feature Descriptions
Days on Site: 1
Exterior: Brick, Concrete, Cement Siding
Lot Dimensions: 0.0x0.0x0.0
Parcel#: 09-30-480-014
Patio/Porch: Covered
Local Schools
High School: West
Middle School: Bryant
Elementary School: Wasatch
School District: Salt Lake
Listed By / Shown By
Listed By
Agency Name: Windermere Real Estate
Shown By
Agent Name: Sharnay Orey
Agent Phone: (702) 256-4900
Agency Title: Wardley Real Estate
Estimate Your Payment
Estimated Payment
$ 2,941.62 per month $2,387.08 Principal & Interest $372.25 Property Tax $182.29 Homeowner's InsuranceChange Payment Information
Sharnay Orey
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423 E 1st Ave | MLS# 2168097
This single family home located at 423 E 1st Ave , Salt Lake City, UT 84103 is currently listed for sale with an asking price of $625,000. This property was built in 1904 and has 5 bedrooms and 5 full baths with 3195 sq. ft. E 1st Ave is located in the AVENUES subdivision within the Salt Lake school district. Search AVENUES real estate on sharnayorey.wardleyre.com today.