UT
Salt Lake
Salt Lake City
84103
423 E 1ST AVE
423 E 1ST AVE, Salt Lake City, UT 84103
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Listing Type
Single Family
Listing Status
Active
6
$625,000

Home Details for 423 E 1ST AVE

Price
$625,000
Type
Residential
Bedrooms
5
Total Bathrooms
5
Full Bathrooms
5
Square feet
3195
Year built
1904
Lot size acres
0.16
County
Salt Lake
Total rooms
20
Basement
Full
MLS Listing#
2168097
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
  • Cooling Information
    • None
  • Heating Information
    • None
  • Basement
    • Full
School Information
School Information for 423 E 1ST AVE, Salt Lake City, UT 84103
Elementary School
Wasatch
Middle School
Bryant
High School
West
Listing Courtesy: Windermere Real Estate - 801-485-3151
Wasatch Front Regional MLS logoBased on information from the Wasatch Front Regional Multiple Listing Service, Inc. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-06-26 14:02:08
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EXIT REALTY LEGACY
4516 South 700 East Suite 190, Murray, UT 84107
Goose Hoeft
License #: 14246756-SA00
Sales Representative
Office
801 438 0246
Agent
385 535 6037
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