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Executive Summary

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.

Property Facts

Price $3,713,710 CAD
Price Per Unit $412,634 CAD
Sale Type Investment
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.31 AC
Building Size 7,607 SF
No. Stories 3
Year Built 1906
Parking Ratio 1.58/1,000 SF
Zoning RMF-35 - Multi-Family Residential

Amenities

Unit Amenities

  • Refrigerator
  • Oven
  • Range

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 $1,378 CAD 435
1+1 7 $1,967 CAD 507 - 677
2+1 1 $2,591 CAD 920
Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
09-32-459-015-0000
Land Assessment
$1,601,236 CAD
Improvements Assessment
$1,698,385 CAD
Total Assessment
$3,299,621 CAD
  • Listing ID: 35430030

  • Date on Market: 2025-04-09

  • Last Updated:

  • Address: 1127 E South Temple, Salt Lake City, UT 84102

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