For sale MLS# 2164454 · 153 days on the market
$1,150,000
It starts with a call with an agent.
201 N I St, Salt Lake City, UT 84103
About this home
*Seller financing possible at 4.5% with $350K down.* Rare opportunity to own a well-maintained 5-Plex in Salt Lake City's desirable Avenues neighborhood. Just minutes from downtown, the University of Utah, hospitals, restaurants, shopping, and public transit, this property is ideally located for tenants who want to be close to work, school, and everything the city has to offer. The property has seen major updates, including new plumbing and electrical throughout, new windows and porch decking, along with other improvements that help reduce maintenance and keep the units attractive to renters. Its strong location has contributed to consistent tenant demand and low vacancy over the years. The Avenues continues to be one of Salt Lake City's most sought-after neighborhoods, making this an excellent opportunity for investors looking for a solid income-producing property with long-term upside. **Please do not disturb tenants. Showings require advance notice. Buyer to verify all information, including square footage.
Written by the listing agent.
Location
The market in Salt Lake City today
$1,150,000 is 28% above the median asking price in Salt Lake City.
At $269 per sqft it asks 9% less 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
- $6,373
- Property tax
- $478
- Home insurance
- $110
10% down ($115,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Style
- Five-Plex
- Lot
- 0.08 acres
- Heating
- Forced Air, Gas: Central, Wall Furnace
- Flooring
- Hardwood, Tile
- Roof
- Asphalt, Membrane
- Construction
- Brick
See all 12 details
- Water
- Culinary
- Sewer
- Sewer: Connected, Sewer: Public
- Effective year built
- 2003
- County
- Salt Lake
- Zoning
- Multi-Family
- Terms
- Cash, Conventional, Seller Finance
- Oven: Gas
- Range: Gas
- Range/Oven: Free Stdng.
- Corner Lot
- 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
Similar homes nearby
More multi-unit in Salt Lake City ›
Listing courtesy of Century 21 Everest / Brian Noel. Based on information from UtahRealEstate.com as of 9/4/2026 11:07 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.