609 6th Ave - Apartments FOR SALE


Salt Lake City, UT 84103- Greater Avenues
$1,100,000 USD
801-303-5402
609 6th Ave, Salt Lake City, UT for Sale
$1,100,000 USD
Apartments - FOR SALE
1/22
null | 4.9% Cap Rate

609 6th Ave
Salt Lake City, UT 84103
Greater Avenues


OVERVIEW

609 E 6th Avenue presents a rare opportunity to acquire a charming and well-maintained fourplex in one of Salt Lake City’s most desirable and historic neighborhoods—The Avenues. Built in 1915, this 3,466-square-foot property blends classic architectural character with thoughtful modern updates, offering strong tenant appeal and long-term investment potential. The property consists of four spacious 1-bedroom, 1-bathroom units, three of which feature bonus rooms—providing flexible living space that can function as a second bedroom, office, or den. Located within walking distance to dining, shopping, entertainment, and major employment centers, this property is ideally positioned for sustained rental demand. RENTAL INCOME & UPSIDE According to Rentometer, the average rent for comparable 1-bedroom units in the area is $1,489, while current average rents at the property are approximately $1,301. This presents a clear value-add opportunity to increase income by aligning rents with market rates. *No Seller Financing Available.*

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$317 USD /SF

# OF UNITS

4

PRICE/UNIT

$275,000

CAP RATE

4.9%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

SR-1

APN/PARCEL ID

09-32-302-004-0000

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.