Apartment Building

Salt Lake City, UT Apartment Buildings for Sale

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Millcreek, UT Murray, UT South Salt Lake, UT Taylorsville, UT West Valley City, UT Holladay, UT Eagle Mountain, UT Emigration Canyon, UT
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Multi-Unit Boarding Home Property
Updated: Apr 29
Multi-Unit Boarding Home Property

157 S 800 E, Salt Lake City, UT 84102

$875,000
5,989 sqft 0.22 AC lot
Licensed single‑room boarding home with multiple tenants; originally built as an elderly care facility
Includes a main‑level 2‑bedroom unit with kitchen and 3/4 bath plus a main‑level 1‑bedroom unit with full bath
Additional main‑level layout includes one 1‑bedroom unit with a 1/2 bath, and 7 rooms sharing two common baths
Upstairs features 2 common full bathrooms and a common area kitchen
Boiler is a couple of years old and highly efficient
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157 S 800 E, Salt Lake City, UT 84102

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Converted Multifamily Apartment Building
Updated: Jun 6
Converted Multifamily Apartment Building

653 E 300 S, Salt Lake City, UT 84102

$2,200,000
11,564 sqft 0.22 AC lot
Brick apartment building built in 1913
14 total units: four 2‑bedroom apartments and ten 1‑bedroom units
Covered patio
Hardwood and carpet flooring
Steam heating and asphalt roof
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Large Multifamily Near University of Utah
Large Multifamily Near University of Utah

1162 E 400 S, Salt Lake City, UT 84102

$2,300,000
9,563 sqft 0.27 AC lot

Eight-unit multifamily property near the University of Utah.

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Historic 5-Plex with Conversion Potential
Historic 5-Plex with Conversion Potential

128 S 1000 E, Salt Lake City, UT 84102

$1,600,000
4,900 sqft

Well-maintained 5-plex with vaulted ceilings, stained glass, and heated flooring; tenant occupied with 24-hour notice.

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Historic 5-Plex with Conversion Options
Historic 5-Plex with Conversion Options

128 S 1000 E, Salt Lake City, UT 84102

$1,600,000
4,900 sqft 0.15 AC lot

Well-maintained 5-unit building with historic interior details and flexible layout to convert into a 3- or 4-plex.

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Well-Maintained 5-Plex Investment
Well-Maintained 5-Plex Investment

201 N I St, Salt Lake City, UT 84103

$1,150,000
4,272 sqft 0.08 AC lot

Five-unit multifamily property with new plumbing throughout and additional improvements for reduced maintenance.

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Renovated Multifamily Building Near University
Renovated Multifamily Building Near University

425 S 900 E, Salt Lake City, UT 84102

$4,450,000
13,128 sqft 0.31 AC lot

Well-located, renovated 15-unit apartment building near the University of Utah.

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Residential Income Apartment Building
Residential Income Apartment Building

7075 E St, Salt Lake City, UT 84101

$3,800,000
22,442 sqft 3.35 AC lot

Apartment building on 3.35 acres, offering 22,442 square feet, with zoning and allowed uses to be confirmed.

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Salt Lake City Multifamily Investment
Salt Lake City Multifamily Investment

120 G St, Salt Lake City, UT 84103

$4,450,000
13,077 sqft 0.31 AC lot

Turnkey 15-unit Salt Lake City investment property for sale.

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Multifamily Community in Salt Lake
Multifamily Community in Salt Lake

227 N SPENCER Ct, Salt Lake City, UT 84103

$3,599,999
13,866 sqft 0.58 AC lot

22-unit multifamily community in Salt Lake City's sought-after neighborhood.

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Nine-Unit Multifamily Property
Nine-Unit Multifamily Property

828 South 500 East, Salt Lake City, UT 84102

$1,900,000
6,068 sqft 0.19 AC lot

Nine-unit multifamily with updated interiors on a compact parcel at 828 South 500 East.

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Stunning Multi-Family Investment Opportunity
Stunning Multi-Family Investment Opportunity

146 E 2ND AVE, Salt Lake City, UT 84103

$4,345,000
14,850 sqft 0.62 AC lot

Rare dual building multi-family property in historic Salt Lake City.

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Turn-Key 5-Plex Residential Income
Turn-Key 5-Plex Residential Income

937 E 300 S, Salt Lake City, UT 84102

$1,899,900
5,678 sqft 0.12 AC lot

Turn-key 5-plex with furnished two-bedroom units, mini-split climate control, private outdoor space, and on-site laundry.

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Well-Maintained 5-Plex Apartment Building
Well-Maintained 5-Plex Apartment Building

201 N I ST, Salt Lake City, UT 84103

$1,186,000
4,272 sqft

Well-maintained 5-plex with updated plumbing, offering multiple rental units in the Salt Lake City Avenues.

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Downtown Salt Lake City Apartments
Downtown Salt Lake City Apartments

141 E 1ST Ave, Salt Lake City, UT 84103

$6,550,000
30,838 sqft 0.38 AC lot

32-unit multifamily property in Salt Lake City's Avenues neighborhood.

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Renovated Multifamily Investment Property
Renovated Multifamily Investment Property

1127 E S TEMPLE, Salt Lake City, UT 84102

$2,695,000
7,607 sqft 0.31 AC lot

Turnkey 8-unit multifamily property near downtown Salt Lake City.

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Seven-Unit Multifamily Property
Seven-Unit Multifamily Property

66 I St, Salt Lake City, UT 84103

$2,195,000
5,335 sqft 0.25 AC lot

Recently renovated seven-unit income property with six apartments and one four-bedroom single-family home on a 0.25-acre site.

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High-Rise Multifamily Building
High-Rise Multifamily Building

63 S 400 E, Salt Lake City, UT 84111

$3,999,999
32,000 sqft 0.39 AC lot

For-sale high-rise multifamily property in Salt Lake City zoned for multi-family use; cash offers only.

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Mixed-Use Multifamily with Retail
Mixed-Use Multifamily with Retail

1326 S 500 E, Salt Lake City, UT 84105

$12,990,000
33,169 sqft

Turnkey 32-unit multifamily building with two ground-floor commercial units and heated underground parking with elevator access.

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Salt Lake City Multifamily Investment
Salt Lake City Multifamily Investment

125 S 1300 E, Salt Lake City, UT 84102

$8,500,000
28,576 sqft 0.83 AC lot

Fully leased student housing near the University of Utah.

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Salt Lake City Multifamily Investment
Salt Lake City Multifamily Investment

1155 E 200 S, Salt Lake City, UT 84102

$4,900,000
15,916 sqft

Multifamily asset near the University of Utah.

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Renovated 15-Unit Apartment Building
Renovated 15-Unit Apartment Building

425 S 900 E, Salt Lake City, UT 84102

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13,128 sqft

Renovated in 2022, this 15-unit building features a mix of two- and one-bedroom layouts with updated interiors and HVAC.

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Renovated Apartment Building
Renovated Apartment Building

215 S 300 E, Salt Lake City, UT 84111

$2,300,000
7,711 sqft

Renovated multifamily building with updated kitchens and baths, 72-inch windows, and interior finishes including hardwood and tile.

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22-Unit Apartment Community
22-Unit Apartment Community

227 N E Spencer Ct, Salt Lake City, UT 84103

Contact for pricing
13,866 sqft

Spencer Court Apartments is a 22-unit multifamily community built as six smaller buildings within one property.

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Salt Lake City, UT Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Salt Lake City, UT, showcased through 36 active listings on our real estate platform. These investment opportunities span a total of 421,106 square feet of properties for sale, with an estimated market value of $88,485,898.

Sale prices for two-family homes in Salt Lake City, UT start at $875,000, averaging $3,686,912, and reaching up to $12,990,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 636K
Population Growth (5Y) +4.9%
Median Household Income $87,486
College Educated 29.7%

High-Yield Neighborhoods for Investment

Identify Salt Lake City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
84106 $1.9M
84101 $2M
84103 $3M
84102 $3.4M
84104 $4.5M

Taxes & Financing

Tax Rate (average for all types) 0.89%
Property Tax per SF $4.73 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Salt Lake County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Salt Lake County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Salt Lake City fall within the 100,000+ square foot range.

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