For sale MLS# 2179520 · 69 days on the market
$785,000
It starts with a call with an agent.
259 S Montgomery St, Salt Lake City, UT 84104
About this home
Excellent investment opportunity in a prime Salt Lake City location! This well-maintained four-unit property offers strong rental appeal with current rents ranging from $1,450$1,750 per unit. $1750 unit has a section 8 voucher paid by the government on the first of each month. Each unit features an open floor plan, in-unit washer and dryer, and central A/C installed approximately two years ago. The property also includes Google Fiber internet, an irrigation system (currently set to minimum due to the drought), eight dedicated parking stalls, a newly paved parking lot, a private dumpster, and four private storage units, providing valuable amenities for tenants and additional appeal for future residents. Ideally located just 8 minutes from Salt Lake City International Airport and 7 minutes from downtown Salt Lake City, with convenient access to major roads, employment centers, dining, shopping, and entertainment (including the newly proposed Power District Ballpark) . A compelling opportunity for investors seeking a well-located multifamily property with desirable tenant amenities and strong long-term potential. Listing Agent (Camden) is the owner, so please give me a call with any questions. Please do not disturb tenants.
Written by the listing agent.
Location
The market in Salt Lake City today
$785,000 is 12% below the median asking price in Salt Lake City.
At $228 per sqft it asks 23% 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
- $4,350
- Property tax
- $385
- Home insurance
- $110
10% down ($78,500), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Style
- Stories: 2
- Lot
- 0.25 acres
- Parking
- Parking: Uncovered
- Heating
- Forced Air
- Flooring
- Tile
- Sewer
- Sewer: Connected, Sewer: Public
See all 8 details
- Effective year built
- 2007
- County
- Salt Lake
- Fenced: Part
- Road: Paved
- Sprinkler: Auto-Full
- 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 ABRAXIA REAL ESTATE, LLC / Camden Smith. Based on information from UtahRealEstate.com as of 10/13/2026 8:59 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.