About This Home

This 27-bedroom, 15-bathroom residential multi family at 425 S 900 E in Salt Lake City, UT is listed for $4,450,000 ($339 per sqft). Built in 1971, the home offers 13,128 sqft of living space on a 0.31 acres lot.

Key Features

  • Built in 1971
  • 0.31 acre lot
  • 2 stories

Property Details

2 stories
15 full
1971

Amenities

Hardwood
Listing 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.

Monthly Cost Estimate

$23,800/mo

20% down · 6.5% · 30 years

Principal$3,218
Interest$19,283
Insurance$1,298

Estimates only. Actual payments may vary.

Location

425 S 900 E

Salt Lake City, UT 84102

PLAT B

Features & Amenities

Exterior Features

Patio: CoveredSecured BuildingSliding Glass Doors

Property Details

Flooring

TileHardwood

Construction

Brick

Outdoor Features

Patio

Parking

Covered

Heating

Forced Air

Questions & Answers

This 27-bedroom, 15-bathroom residential multi family at 425 S 900 E is listed at $4,450,000 ($339/sqft). The estimated monthly payment is $23,800 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1971, 0.31 acre lot, 2 stories. Exterior Features: Patio: Covered, Secured Building, Sliding Glass Doors.

This property is listed by Porter Criddle.

PC

Porter Criddle

Agent at Investment Realty Advisors, LLC

Listed by Investment Realty Advisors, LLC · Broker phone: (801) 971-2542 · View on Broker Site · Broker website

MLS# 2153765· Source: UtahRealEstate.com· 187 days on PropertySimple

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425 S 900 E, Salt Lake City, UT 84102

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