For sale MLS# 2153765 · 181 days on the market
$4,450,000
It starts with a call with an agent.
425 S 900 E, Salt Lake City, UT 84102
About this home
Well-located 15-unit apartment building in the heart of Salt Lake City, just minutes from the University of Utah. The property features a highly desirable unit mix of twelve 2-bedroom/1-bath units and three 1-bedroom/1-bath units, all offering spacious, functional layouts that appeal to both student and professional tenants. The property was comprehensively renovated in 2022 by current ownership, with upgrades including modern cabinetry, countertops, flooring, paint, appliances, and HVAC systems. Units offer a clean, updated feel while maintaining a level of character that fits the surrounding neighborhood. Benefiting from its proximity to the University, hospital systems, and downtown, the property has consistently attracted strong tenant demand. This is an excellent opportunity to acquire a renovated, well-positioned asset in one of Salt Lake City's most reliable rental corridors.
Written by the listing agent.
Location
The market in Salt Lake City today
$4,450,000 is 396% above the median asking price in Salt Lake City.
At $339 per sqft it asks 14% 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
- $24,659
- Property tax
- $1,716
- Home insurance
- $110
10% down ($445,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Style
- Stories: 2
- Lot
- 0.31 acres
- Subdivision
- PLAT B
- Parking
- Covered
- Heating
- Forced Air
- Flooring
- Hardwood, Tile
See all 13 details
- Construction
- Brick
- Water
- Culinary
- Sewer
- Sewer: Connected
- Effective year built
- 2023
- County
- Salt Lake
- Zoning
- Multi-Family
- Terms
- Cash, Conventional, Exchange
- Patio: Covered
- Secured Building
- Sliding Glass Doors
- Sprinkler: Auto-Full
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- 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 Investment Realty Advisors LLC / Porter Criddle. Based on information from UtahRealEstate.com as of 8/1/2026 1:28 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.