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    Salt Lake City High Rise Title is generated by Realmo AI

    63 S 400 E, Salt Lake City, UT 84111

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    For Sale
    $6,000,000

    MULTI_FAMILY - High Rise - Salt Lake City, UT

    Property size:
    32,000 SF
    Lot size:
    0.39 Acres
    Price / SF:
    $187/SF
    Added:
    Jan 1, 2026
    Days on Market:
    168
    Last Refresh:
    Jun 18 at 6:06 am

    Property Features for 63 S 400 E

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Multi-Family
    Bedrooms
    27
    Bathrooms
    32
    Rooms
    Bathroom 29, Bathroom 16, Bedroom 20, Bathroom 6, Bedroom 18, Bedroom 6, Bedroom 3, Bathroom 22, Bathroom 20, Bedroom 17, Bathroom 8, Bathroom 19, Bathroom 1, Bathroom 21, Bedroom 10, Bedroom 14, Bathroom 14, Bathroom 32, Bedroom 2, Bedroom 22, Bathroom 10, Bathroom 25, Bathroom 5, Bathroom 9, Bedroom 19, Bathroom 31, Bathroom 24, Bedroom 27, Bathroom 30, Bedroom 7, Bedroom 4, Bedroom 8, Bedroom 23, Bedroom 16, Bathroom 12, Bathroom 15, Bedroom 5, Bedroom 11, Bedroom 12, Bathroom 2, Bathroom 3, Bathroom 18, Bathroom 23, Bathroom 26, Bedroom 15, Bathroom 28, Bathroom 7, Bedroom 24, Bathroom 11, Bathroom 27, Bathroom 4, Bedroom 26, Bedroom 21, Bedroom 25, Bathroom 13, Bathroom 17, Bedroom 9, Bedroom 1, Bedroom 13
    Security features
    Security
    Window features
    Drapes, Blinds
    Interior features
    Alarm: Security
    Standard status
    Active
    APN
    16-06-204-014
    Size
    32,000 SF
    Lot size
    0.39 Acres

    Taxes and HOA fees

    Tax Annual Amount
    34314

    Utilities

    Heating system
    Radiant, Natural Gas

    Building Details

    Year built
    1931
    Number of units
    32
    Flooring type
    Tile, Hardwood
    Roof type
    Membrane
    Architectural style
    High Rise

    We can help!

    Listing Contact
    Jairo A Gomez

    Listing agent Jairo A Gomez

    Listing office Ascent Real Estate Group LLC 2572 E South Weber Drive #3, Layton, UT

    Listing date Jan 1, 2026

    MLS# 2130387 Listing URL

    Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Built in 1931 with a high‑rise architectural style
    • Radiant heating with natural gas
    • Alarm/security feature included
    • Flooring includes tile and hardwood
    • Membrane roof

    Overview

    This multifamily high-rise property is located in Salt Lake City, Utah. The property has a lot size of 0.39 acres and a building size of 32,000 square feet. The property is zoned for multi-family use. Contact agent for details.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $760.3k $23.76
    − Vacancy −$39.5k −$1.24
    EGI $720.8k $22.52
    − OpEx −$324.4k −$10.14
    NOI $396.4k $12.39
    32,000 SF · lease $23.76/SF/yr · vacancy 5.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $5.66M
    $4.96M – $6.61M (±1% cap)
    NOI $396,431 @ 7.0% cap · market cap 6.61%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $8.62M
    $7.54M – $10.06M (±1% cap)
    NOI $603,488 @ 7.0% cap · market cap 10.06%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.879283
    Latitude
    40.767521

    FAQs

    What type of property is this?
    Apartment building - High-rise multifamily property in Salt Lake City, Utah.
    Where is this apartment building located?
    The property is located at 63 S 400 E Salt Lake City, UT.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: Built in 1931 with a high‑rise architectural style; Radiant heating with natural gas; Alarm/security feature included
    More about this property
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