538 S 800 E - Multi-Family FOR SALE


Salt Lake City, UT 84102- East Central
$1,100,000 USD
801-303-5402
538 S 800 E, Salt Lake City, UT for Sale
$1,100,000 USD
Multi-Family - FOR SALE
1/15
null | 4.19% Cap Rate

538 S 800 E
Salt Lake City, UT 84102
East Central


HIGHLIGHTS

  • Fully Turnkey
  • Desirable Unit Mix
  • Prime Location
  • Above-Market Rents
  • Tenant-Favored Features
  • Strong Rental Demand

OVERVIEW

538 S 800 E is a charming and well-maintained duplex located in one of Salt Lake City’s most desirable neighborhoods. Built in 1908, this character-rich property offers timeless appeal blended with thoughtful updates. Situated within walking distance of the vibrant 9th & 9th district and Trolley Square, the location is ideal for tenants seeking walkable access to dining, shopping, and entertainment. Each unit features 2 bedrooms, 1 bathroom, and approximately 1,003 square feet of living space. Highlights include refinished original hardwood floors, private patios, and in-unit laundry—amenities that resonate strongly with local renters. The property also benefits from a new roof installed in 2020 and has seen ongoing upgrades over the years. Highlights include refinished original hardwood floors, private patios, and in unit laundry-amenities that resonate strongly with local renters. The property also benefits from a new roof installed in 2020 and has seen ongoing upgrades over the years. The subject property commands an average rent of $1,975 per unit, reflecting a strong rental premium driven by its high-quality renovations, desirable amenities, and prime location. *No Seller Financing Available.*

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$549 USD /SF

# OF UNITS

2

PRICE/UNIT

$550,000

CAP RATE

4.19%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1908

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

1205

APN/PARCEL ID

16-05-351-035-0000

ASK ABOUT THIS PROPERTY

Vicente CantuaCushman & WakefieldMore Info
801-303-5402

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Vicente CantuaCushman & WakefieldMore Info
801-303-5402

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.