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404 E 5600 S, Murray, UT, 84107
Renovated Multifamily Property in Murray

404 E 5600 S Murray, UT 84107

For Sale
$9,500,000

MULTI_FAMILY - Other - Murray, UT

Property Size38,374 SF
Lot Size2.60 Acres
Price / SF$247.56
Days on Market496

Property Features for 404 E 5600 S

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi-Family
Bedrooms
47
Bathrooms
48
Rooms
Bedroom 26, Bedroom 20, Bathroom 15, Bathroom 34, Bathroom 48, Bathroom 30, Bathroom 36, Bedroom 44, Bedroom 17, Bedroom 16, Bathroom 2, Bedroom 35, Bedroom 30, Bathroom 11, Bathroom 38, Bedroom 11, Bedroom 46, Bathroom 22, Bedroom 10, Bathroom 46, Bathroom 9, Bathroom 29, Bedroom 38, Bedroom 39, Bedroom 42, Bathroom 4, Bathroom 44, Bedroom 9, Bathroom 19, Bedroom 5, Bedroom 37, Bathroom 39, Bathroom 1, Bathroom 28, Bathroom 43, Bathroom 21, Bathroom 7, Bathroom 42, Bathroom 23, Bathroom 33, Bathroom 5, Bathroom 20, Bedroom 7, Bedroom 12, Bedroom 18, Bathroom 35, Bathroom 14, Bedroom 28, Bedroom 3, Bathroom 18, Bedroom 23, Bathroom 25, Bedroom 4, Bathroom 31, Bathroom 37, Bedroom 29, Bathroom 17, Bathroom 45, Bedroom 8, Bedroom 15, Bedroom 6, Bathroom 32, Bedroom 19, Bedroom 40, Bedroom 24, Bathroom 12, Bathroom 13, Bedroom 1, Bedroom 33, Bedroom 43, Bedroom 32, Bathroom 10, Bathroom 47, Bedroom 27, Bathroom 6, Bedroom 21, Bathroom 40, Bedroom 36, Bedroom 25, Bedroom 47, Bedroom 14, Bedroom 22, Bathroom 8, Bathroom 16, Bedroom 45, Bathroom 27, Bathroom 24, Bedroom 41, Bathroom 26, Bedroom 2, Bedroom 34, Bedroom 31, Bathroom 41, Bedroom 13, Bathroom 3
Parking features
Covered
Interior features
Alarm: Fire, Disposal, Kitchen: Updated, Range/Oven: Free Stdng., Dishwasher: Built-In
Exterior features
Entry (Foyer)
Accessibility
Accessible Elevator Installed
Standard status
Active
APN
22-18-177-045
Size
38,374 SF
Lot size
2.60 Acres

Taxes and HOA fees

Tax Annual Amount
2873

Utilities

Heating system
Forced Air

Building Details

Year built
1969
Floors in Building
3
Number of units
39
Architectural style
Other
Listing Agency: Investment Realty Advisors LLC
Listed By: Joseph Mills
Added: Mar 19, 2025 Changed: Jul 17 Last Checked: Jul 27 at 6:06AM
MLS# 2093496

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Investment Insights

Based on property information with market context.

This newly renovated 39-unit multifamily property, originally built in 1969 and tastefully upgraded in 2023, is located in Murray, Utah. The property spans 2.6 acres and features modern interiors and community amenities. Residents have access to a brand-new fitness center, resident lounge, fire pits, and a spacious BBQ courtyard. Each unit includes an individual locked storage room, and assigned covered parking is available. The property has 79.49% occupancy. Additional amenities include community laundry rooms, an on-site professional management team, and elevator access. Units feature luxury plank flooring, quartz countertops, Moen chrome fixtures, stainless steel GE kitchen appliances, including a microwave, refrigerator, 4-burner electric stove, dishwasher, and disposal, two-tone kitchen cabinetry, air conditioning, panoramic views, open-concept floorplans, full-height backsplash, and undermount stainless steel sinks. Murray is referred to as the "Hub of Salt Lake County" and its central position provides residents with convenient access to major transportation routes, including I-15 and I-215, as well as TRAX light rail. Local amenities include diverse retail options, quality healthcare facilities such as Intermountain Medical Center, and abundant recreational opportunities at nearby parks and trails. The property is a short distance to Trax, IMC, and shopping.

Key Highlights

  • Newly renovated in 2023 with modern interiors and community amenities.
  • Strong income potential with 79.49% occupancy. Lease remaining units to increase revenue.
  • Located in the heart of Murray, Utah, providing convenient access to major transportation routes, shopping, healthcare, and TRAX light rail.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Restaurant Real Estate Agency Food Market Grocery & Convenience Store Hair Salon (Bike/Boat/Book/etc) Store Garden Center Bar & Pub Grocery & Convenience Store Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Newly renovated 39-unit multifamily property in the heart of Murray, Utah.
Where is this apartment building located?
The property is located at 404 E 5600 S Murray, UT.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: Newly renovated in 2023 with modern interiors and community amenities.; Strong income potential with 79.49% occupancy. Lease remaining units to increase revenue.; Located in the heart of Murray, Utah, providing convenient access to major transportation routes, shopping, healthcare, and TRAX light rail.
More about this property
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