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Investment Highlights

  • Land offering ideal for redevelopment
  • Property is tenant-occupied for income continuity
  • Potential to rezone to RM for denser development
  • Current home 837 square feet
  • Existing R-4-8.5 zoning grandfathered in despite expiration
  • Developer special with limited competing inventory

Executive Summary

Classic 1941 bungalow occupying a desirable Salt Lake City lot
Land offering ideal for redevelopment or strategic hold
Current structure spans 837 square feet
Property is tenant-occupied for income continuity
Existing R-4-8.5 zoning grandfathered in despite expiration
Potential to rezone to RM for denser development
Developer special with limited competing inventory
Residential surroundings support multifamily or townhome options
Solid entry point for value-add infill strategy
Opportunity for tailored architectural vision
Access to existing utilities simplifies future planning
Permitting flexibility enhances development timeline
Captures demand for housing expansion in central corridor

Property Facts

Price $1,368,085 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 0.31 AC
Zoning R-4-8.5 or RM - Best Use: 7 Units

1 Lot Available

Lot

Price $1,368,085 CAD
Price Per AC $4,413,177.89 CAD
Lot Size 0.31 AC

Rare opportunity at 2420 E 3300 S presents a classic bungalow on a sizable land parcel tailored for land developers. The 837-square-foot 1941 residence anchors the site while remaining rented, providing short-term income during planning. Existing R-4

Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
  • Listing ID: 40606194

  • Date on Market: 2026-05-20

  • Last Updated:

  • Address: 2420 E 3300 S, Salt Lake City, UT 84109

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