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Jenn Smart

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937 E 300 S , Salt Lake City, UT 84102
$1,899,000
Est. Payment: $4,220.00/mo
10 Bed
5 Bath
5678 Sqft
0.12 Acres
Status: under contract | Days on site: 277
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70773 - 4021582,83025
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House Description

PREMIUM TURN-KEY MULTIFAMILY INVESTMENT. Thoughtfully restored and extensively improved, this unique 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 and costs, 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.

Highlights

Listed by Lucile Walbeck , 801-792-4847 and Spencer Clawson , 801-609-8511 Lift Realty , 801-609-8511. Wasatch Front Multiple Listing Service (IDX)

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1911

County

Salt Lake

Area

Salt Lake City; So. Salt Lake

School District

Salt Lake

Listing ID

2135108

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:10
  • ▪ Bathrooms:5
Appliances:Window Coverings
Floor:Carpet,Tile
Other:
  • ▪ Kitchen:Updated
  • ▪ Range/Oven:Free Stdng.
  • ▪ Dishwasher:Built-In
  • ▪ Additional:Disposal
Water:Culinary

Exterior Features

Lot:Road: Paved,Sidewalks,Sprinkler: Auto-Full,View: Mountain
Lot Dimensions:35.0x150.0x35.0
Garage Capacity:5
Zoning:R-3
Roof:Rubber
Others:
  • ▪ Patio:Covered, Open
  • ▪ Additional:Basement Entrance, Deck; Covered, Double Pane Windows, Blt./Standing
Sewer:Sewer: Connected,Sewer: Public
Principal Interest
$4,220
Taxes
$513

Home Price

$1,899,000

Loan Details

30 yrs
0%

Down Payment

20%
$379,800
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Monthly Price:
$4,220.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,220.00 $512.58 $0.00 $4,732.58
Yearly $50,640.00 $6,151.00 $0.00 $56,791.00
Total $1,519,200.00 $184,530.00 $0.00 $1,703,730.00
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Salt Lake City, UT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Wasatch Front Regional MLS Inc. and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:14:34.000Z

© 2026 Wasatch Front Multiple Listing Service (IDX)