Under contract

55 E 200 N, Salt Lake City, UT 84103

Beds
12
Baths
6
Sqft
7,304

View property features, location on map, relevant school information and overview from seller's agent.

Listed bySummit Sotheby's International Realty
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Overview

This rare multi-family offering consists of three standalone duplexes creating six individual residential units, ideally located on Capitol Hill bordering downtown, the State Capitol, and the Avenues in one of Salt Lake City's most desirable and enduring neighborhoods. Positioned just above North Temple, the property provides exceptional accessibility to the University of Utah, the vibrant urban corridor, the airport, and the surrounding canyons, while maintaining a sense of privacy set back from the city center. The unique configuration creates a residential environment where each unit lives more like an individual home, with private entryways framed by distinctive turret-style architectural elements. Rich in character, the residences feature original hardwood floors, fireplaces, curved doorways, and colorful vintage tile, elements that have contributed to long-term tenant retention and a strong sense of place. The unit mix includes two one-bedroom, two two-bedroom, and two three-bedroom residences, each with one bathroom and thoughtful layouts. Several units offer additional flexibility with den or dining spaces, along with private balconies capturing views of downtown and the surrounding mountain ranges. A central courtyard provides a shared outdoor gathering space, complemented by covered parking for each unit, shared laundry, and additional storage. While currently capturing below market rents, this property attracts consistent loyalty with many tenants in place for extended periods, some for over two decades, a firm reflection of both the appeal of the property and the stability it offers. While the property has been maintained over time, it presents a clear opportunity for a future owner to thoughtfully update and reposition the asset, aligning rents more closely with current market levels while preserving its architectural integrity. A compelling opportunity to acquire a legacy property with strong fundamentals, irreplaceable character, and meaningful long-term upside in one of Salt Lake City's most sought-after locations.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
12
Number of bathrooms
6
Square feet
7,304
Lot size (acres)
0.31
Year built
1936

Interior features

Laundry
Electric Dryer Hookup

Utilities

Heating
Central, Natural Gas
Cooling
None
Sewer
Public Sewer

Taxes

Tax Annual Amount
$8,815

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Utah Real Estate (Wasatch Front) MLS®#: 2149437 Last checked:

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of . 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.