For sale MLS# 2135108 · 264 days on the market
$1,899,000
It starts with a call with an agent.
937 E 300 S, Salt Lake City, UT 84102
About this home
PREMIUM TURN-KEY MULTIFAMILY INVESTMENT. Thoughtfully restored and extensively improved, this unique 5-plex stands apart from typical multifamily offerings by combining historic character with modern systems, quality finishes, and true turn-key operation. Situated in a highly desirable Eastside Downtown Salt Lake City location near the University of Utah, TRAX, and major employment centers, the property benefits from consistent demand among students, working professionals, and long-term residents seeking quality housing in one of Salt Lake City's most convenient locations. Each of the five apartments features two bedrooms, one full bathroom, a comfortable living area, and dining space. All units have been upgraded with remote-controlled mini-split heating and cooling systems, providing individual climate control in every room. Residents enjoy private front porches or decks, a shared rear patio, on-site laundry facilities, and designated parking. Current rents have remained largely unchanged for several years, providing potential future upside while maintaining exceptional occupancy and tenant retention. Extensive improvements and upgrades to the property's interior and infrastructure have significantly reduced future maintenance concerns and costs, creating an attractive ownership experience for investors who prefer managing an asset rather than a renovation project. Combined with a strong occupancy history, this property offers a rare blend of stability, quality, and long-term investment potential. Listing agent is related to Seller.
Written by the listing agent.
Location
The market in Salt Lake City today
$1,899,000 is 112% above the median asking price in Salt Lake City.
At $334 per sqft it asks 12% more than the median in the city.
49% of the listings for sale have lowered their price at least once.
From the listings for sale, as of October 26, 2026. Asking prices only: Utah does not make sold prices public.
Living in Salt Lake City
Salt Lake City is the capital and most populous city of Utah, founded in 1847 and located in a valley near the Great Salt Lake.
- 199,723 residents (2020)
- 24 rail stations
- 79 named trails
- 101 named parks
Monthly payment
- Principal & interest
- $10,523
- Property tax
- $513
- Home insurance
- $110
10% down ($189,900), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Style
- Five-Plex
- Lot
- 0.12 acres
- Heating
- Forced Air
- Flooring
- Carpet, Tile
- Roof
- Rubber
- Construction
- Brick, Composition, Stone
See all 13 details
- Water
- Culinary
- Sewer
- Sewer: Connected, Sewer: Public
- Effective year built
- 2024
- County
- Salt Lake
- Faces
- South
- Zoning
- Multi-Family
- Terms
- Cash, Conventional, FHA, VA Loan
- Disposal
- Kitchen: Updated
- Range/Oven: Free Stdng.
- Dishwasher: Built-In
- Basement Entrance
- Deck; Covered
- Double Pane Windows
- Patio: Covered
- Patio: Open
- Road: Paved
See all 19 features
Interior
- Disposal
- Kitchen: Updated
- Range/Oven: Free Stdng.
- Dishwasher: Built-In
Exterior
- Basement Entrance
- Deck; Covered
- Double Pane Windows
- Patio: Covered
- Patio: Open
Lot features
- Road: Paved
- Sidewalks
- Sprinkler: Auto-Full
- View: Mountain
View
- Mountain(s)
Utilities
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Sewer: Public
- Water Connected
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Salt Lake
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Listing courtesy of Lift Realty / Lucile Walbeck. Based on information from UtahRealEstate.com as of 9/28/2026 11:56 AM. 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.