Salt Lake City Homes with > 4 Units Subtype

Salt Lake City Homes with > 4 Units Subtype

Welcome to Salt Lake City, Utah—a vibrant metropolis nestled against the stunning backdrop of the Wasatch Mountains. Known for its rich history, diverse culture, and stunning natural landscapes, Salt Lake City is a city that truly has something for everyone. Whether you're an outdoor enthusiast looking to explore the nearby ski resorts or a culture lover eager to delve into the local arts scene, this city offers a perfect blend of urban living and natural beauty.

In the heart of Salt Lake County, the real estate market is thriving, particularly for multi-family homes with more than four units. These properties are an excellent investment opportunity, catering to a growing demand for rental housing in this bustling urban center. With its robust economy, Salt Lake City attracts a diverse population—students, professionals, and families alike—all seeking quality living spaces.

Homes with more than four units in Salt Lake City provide not only significant rental income potential but also the chance to be part of a community that values growth and sustainability. Many of these properties are strategically located near public transportation, shopping centers, and recreational parks, making them ideal for residents who appreciate convenience and accessibility.

Investing in Salt Lake City multi-family homes means tapping into a market that is on the rise, backed by a strong job market and an influx of new residents. Whether you're looking to expand your real estate portfolio or embark on a new venture, Salt Lake City offers an exciting opportunity to be part of a dynamic community while reaping the benefits of a flourishing rental market. Come explore the possibilities today!

Newest Salt Lake City Homes with > 4 Units Subtype

$2,700,000
15 Beds ⋅ 13 Baths ⋅ 2174593 MLS
Rare investment and homeownership opportunity in a fast-growing corridor! 821 W Townhomes is a newly constructed, 5-unit boutique development showcasing bold contemporary architecture with sleek dark vertical siding, rich brickwork, overhead cantilever design, and high-end modern finishes throughout. Designed with versatility and functionality in mind, the community offers a mix of spacious 3-bedroom residential layouts with attached garages along with a standout end-unit live/work space fully permitted for ground-floor commercial use. Each unit features an sun-drenched open floor plan, low-maintenance luxury vinyl plank flooring, matte black fixtures, ductless mini-split climate systems, and a chef's kitchen equipped with clean white shaker cabinetry, stainless steel appliances, and quartz countertops with waterfall island seating. Whether looking to acquire the full 5-unit portfolio, lease high-demand units, or live in one while running a business or generating rental income, this development delivers turn-key luxury and long-term value.

821 W 800 S, Salt Lake City
$2,200,000
15 Beds ⋅ 10 Baths ⋅ 2169802 MLS
JUST STEPS to the University of Utah in this highly desirable location, Near Multiple Hospitals & TRAX transit to Downtown Salt Lake City ideal for students, urban professional plus others. 8 Unique Apartments in 2 buildings. Extremely Well Maintained, brimming with timeless charm, offering a smart investment potential of both location & consistent HIGH tenant demand. Comfortable floor plans; 1, 2 & 3 bedroom apartments-above average sized units. 13 Off-street parking spaces, Updates include: newer roof, newer double pane windows, newer appliances & countertops, main water line to street replaced. Onsite coin-op laundry providing additional income. Current Rents are below market, GREAT POTENTIAL to increase income. All information is deemed reliable, but not guaranteed. Buyer responsible to verify all listing information to Buyers satisfaction including Square footage obtained from SL County Record & provided as a courtesy estimate.

433 S 1300 E, Salt Lake City
$625,000
5 Beds ⋅ 5 Baths ⋅ 2168095 MLS
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.

423 E 1st Ave N, Salt Lake City
$1,900,000
15 Beds ⋅ 9 Baths ⋅ 2166310 MLS
ACRES Commercial Real Estate is pleased to present the opportunity to acquire a well-maintained 9-unit multifamily property located in the highly sought-after Liberty Park neighborhood of Salt Lake City, Utah. Situated on a 0.19-acre parcel, the property features updated unit interiors, strong in-place occupancy, and the potential for future rental growth. This offering provides investors with an attractive combination of stable cash flow, operational stability, and value-add upside in one of Salt Lake City's most desirable and supply-constrained rental markets. With its premier location, proven performance, and the opportunity to enhance returns through continued asset management, the property represents a compelling multifamily investment.

828 S 500 E, Salt Lake City
$1,150,000
6 Beds ⋅ 5 Baths ⋅ 2164454 MLS
Rare opportunity to own a well-maintained 5-Plex in Salt Lake City's desirable Avenues neighborhood. Just minutes from downtown, the University of Utah, hospitals, restaurants, shopping, and public transit, this property is ideally located for tenants who want to be close to work, school, and everything the city has to offer. The property has seen major updates, including new plumbing throughout, along with other improvements that help reduce maintenance and keep the units attractive to renters. Its strong location has contributed to consistent tenant demand and low vacancy over the years. The Avenues continues to be one of Salt Lake City's most sought-after neighborhoods, making this an excellent opportunity for investors looking for a solid income-producing property with long-term upside. **Please do not disturb tenants. Showings require advance notice, and access to all units may not be available until an offer has been accepted. Buyer to verify all information, including square footage.

201 N I St, Salt Lake City
$12,990,000
32 Beds ⋅ 31 Baths ⋅ 2163852 MLS
Prime 34-Unit Multi-family building just a half-block from Liberty Park. Positioned just a half-block from Salt Lake City's iconic Liberty Park, this turnkey 32-unit multifamily building with two ground-floor commercial units represents a rare trophy asset in a historically low-vacancy submarket. Designed to command top-of-market rents and maximize investor NOI, the property features a premium amenity package that ensures high tenant retention. Residents enjoy a secure, heated underground parking garage-a massive competitive advantage during Utah winters-with full elevator access to all levels. The building boasts a private, expansive second-floor courtyard offering a quiet urban oasis, alongside a state-of-the-art secure entry system for ultimate peace of mind. The two high-visibility commercial spaces capitalizes on vibrant neighborhood foot traffic, offering a diversified, robust revenue stream. Combining an unbeatable A+ location with institutional-grade features-including the heated garage, elevator access, and premium security-this generational asset is a standout addition to any sophisticated portfolio. Turnkey investment. Financial package and pro-forma available upon request

1326 S 500 E, Salt Lake City
$2,200,000
18 Beds ⋅ 14 Baths ⋅ 2163456 MLS
Welcome to The George, a historic gem located in the heart of downtown Salt Lake City! Originally opened in 1911 as the city's first hotel, this building has been beautifully converted into a modern apartment complex. It now features 14 stylish units, including four spacious 2-bedroom apartments and ten cozy 1-bedroom units. This prime location offers easy access to downtown dining, entertainment, the Trax station, and numerous shopping options, making it a fantastic investment opportunity.

653 E 300 S, Salt Lake City
$2,300,000
16 Beds ⋅ 8 Baths ⋅ 2155284 MLS
Rare opportunity to acquire a large-unit 8-plex steps from the University of Utah. Each of the eight units offers approximately 1,100 square feet with a 2-bedroom / 1-bathroom layout, an ideal configuration for both traditional leasing and student-oriented rental models. Strong location within walking distance to campus, transit, and downtown Salt Lake City supports consistent tenant demand. The property offers cosmetic value-add potential and operational upside through rental strategy improvements. Historically operated under multiple leasing structures, providing flexibility for investors to optimize income (buyer to verify). Owner/Agent.

1162 E 400 S, Salt Lake City
$875,000
10 Beds ⋅ 5 Baths ⋅ 2154089 MLS
This multi-unit property was originally built as an elderly care facility that required overhead water sprinklers, which are still in place. Currently, the property is licensed and used as a single-room boarding home with multiple tenants. There is one 2-bedroom apartment and a 1-bedroom apartment on the main. Both have kitchens. The 2-bedroom apartment has a 3/4 bath, and the 1-bedroom has a full bath. One of the 1-bedroom units has a 1/2 bath; the other 7 rooms share two common baths. Upstairs, there are 2 common full bathrooms and a common area kitchen. THIS PROPERTY IS PERFECT "AS IS" OR CAN BE DEVELOPED INTO AN AIRBNB, HOSTEL, GROUP HOME, OR APARTMENT HOMES! THE BOILER IS A COUPLE OF YEARS OLD AND HIGHLY EFFICIENT. THE ROOF IS IN EXCELLENT CONDITION.

157 S 800 E, Salt Lake City
$4,450,000
27 Beds ⋅ 15 Baths ⋅ 2153765 MLS
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.

425 S 900 E, Salt Lake City
$4,450,000
27 Beds ⋅ 15 Baths ⋅ 2153730 MLS
Turnkey 15-unit investment opportunity in Salt Lake City featuring a highly desirable unit mix of 12 two-bedroom units and 3 one-bedroom units. The property underwent significant renovations in 2023, minimizing near-term capital expenditures. Spacious, well-designed units combine modern upgrades with timeless character, contributing to consistently strong rental demand. Measurements are given as courtesy only. Buyer to verify.

120 G St, Salt Lake City
$2,695,000
10 Beds ⋅ 8 Baths ⋅ 2153723 MLS
100% rented turnkey 8-unit multifamily investment located on historic South Temple. This Tudor-style property underwent a FULL renovation in 2022, including all new electrical and plumbing throughout, remodeled kitchens and bathrooms, updated cabinetry, tile backsplashes, fresh paint, and high-efficiency mini-split HVAC systems in all units. Additional third-floor studio space and basement area provide future upside potential (buyer to verify). Prime location near downtown Salt Lake City and the University of Utah with long-term rental stability. Owner/Agent.

1127 E S Temple S, Salt Lake City
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