For sale MLS# 2148322 · 203 days on the market
$1,949,999
It starts with a call with an agent.
60 E St, Salt Lake City, UT 84103
About this home
Introducing The SULA, a rare opportunity to own a 7-unit multifamily property in the highly sought-after Avenues neighborhood, just moments from the University of Utah, City Creek Canyon and within walking distance to downtown Salt Lake City. Rich in character, this historic gem showcases timeless architecture that stands out in one of the city's most vibrant urban settings. Tenants are consistently drawn to the property's blend of classic charm and thoughtful modern updates. These units feature unique touches such as hardwood floors, original fireplaces, exposed brick accents, and high ceilings that create an open, inviting atmosphere. Select units offer private balconies. Updated kitchens and bathrooms provide contemporary comfort and functionality. The property is fully leased with quality tenants in place, offering immediate income stability. Amenities include fire escapes where required, in-unit washer and dryers in three units, and dishwashers in five units-enhancing tenant convenience and appeal. A distinctive investment property that seamlessly combines historic elegance with modern livability-The SULA is as stylish as it is smart. Cap Rate of 5.7%
Written by the listing agent.
Location
The market in Salt Lake City today
$1,949,999 is 117% above the median asking price in Salt Lake City.
At $295 per sqft it asks about the city median.
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
- $10,806
- Property tax
- $600
- Home insurance
- $110
10% down ($195,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Style
- Stories: 2
- Lot
- 0.11 acres
- Subdivision
- SULA APARTMENTS
- Heating
- Forced Air, Gas: Central
- Flooring
- Carpet, Hardwood, Tile
- Roof
- Flat
See all 14 details
- Construction
- Brick
- Water
- Culinary
- Sewer
- Sewer: Connected, Sewer: Public
- Effective year built
- 1985
- County
- Salt Lake
- Faces
- West
- Zoning
- Multi-Family
- Terms
- Cash, Conventional
- Alarm: Fire
- Disposal
- Gas Log
- Kitchen: Updated
- Oven: Gas
- Dishwasher: Built-In
- Balcony
- Basement Entrance
- Bay Box Windows
- Entry (Foyer)
See all 19 features
Interior
- Alarm: Fire
- Disposal
- Gas Log
- Kitchen: Updated
- Oven: Gas
- Dishwasher: Built-In
Exterior
- Balcony
- Basement Entrance
- Bay Box Windows
- Entry (Foyer)
- Lighting
- Patio: Covered
Lot features
- Road: Paved
- Sidewalks
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 Utah Home Central / Matthew Sprunt. Based on information from UtahRealEstate.com as of 8/3/2026 11:49 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.