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39-Unit Apartment Building Renovated in 2023
For Sale
$9,500,000

404 E 5600 S, Murray, UT 84107

MULTI_FAMILY - Other - Murray, UT

Property Size38,374 SF
Lot Size2.60 Acres
Price / SF$247.56
Days on Market513

Property Features for 404 E 5600 S

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Zoning description R-M-15
Bedrooms 47
Bathrooms 48
Full bathrooms 48
Rooms Bathroom 1, Bathroom 23, Bedroom 40, Bathroom 4, Bedroom 3, Bedroom 8, Bedroom 35, Bedroom 45, Bathroom 43, Bedroom 28, Bedroom 4, Bathroom 6, Bedroom 41, Bedroom 30, Bedroom 12, Bedroom 15, Bathroom 21, Bathroom 8, Bedroom 16, Bedroom 46, Bedroom 37, Bedroom 29, Bedroom 38, Bedroom 2, Bedroom 27, Bedroom 43, Bedroom 21, Bathroom 33, Bathroom 27, Bedroom 39, Bathroom 29, Bathroom 36, Bathroom 40, Bedroom 31, Bathroom 7, Bathroom 22, Bedroom 10, Bedroom 26, Bedroom 34, Bathroom 9, Bathroom 32, Bedroom 42, Bedroom 47, Bathroom 41, Bedroom 13, Bathroom 46, Bedroom 36, Bedroom 22, Bathroom 30, Bathroom 15, Bathroom 31, Bathroom 20, Bedroom 17, Bathroom 24, Bathroom 37, Bedroom 33, Bathroom 25, Bathroom 5, Bathroom 44, Bathroom 42, Bathroom 11, Bedroom 7, Bathroom 39, Bathroom 14, Bathroom 19, Bathroom 38, Bathroom 28, Bedroom 11, Bedroom 1, Bedroom 5, Bedroom 23, Bedroom 14, Bedroom 44, Bathroom 34, Bathroom 47, Bedroom 18, Bedroom 25, Bathroom 13, Bathroom 12, Bathroom 35, Bathroom 18, Bedroom 32, Bedroom 19, Bedroom 24, Bedroom 20, Bedroom 6, Bathroom 3, Bathroom 2, Bathroom 17, Bathroom 26, Bathroom 10, Bathroom 48, Bathroom 16, Bathroom 45, Bedroom 9
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
Lot features Curb & Gutter, Road: Paved
Elementary school None/Other
Middle school None/Other
High school None/Other
Subdivision Murray; Taylorsvl; Midvale
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

Amenities

fitness center
resident lounge
fire pits
BBQ courtyard
large grass areas
community laundry rooms
individual locked storage room

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: Aug 1 Last Checked: Aug 13 at 8:06PM
MLS# 2093496

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.

Investment Insights

Based on property information with market context.

This newly renovated 39-unit multifamily property was originally built in 1969 and upgraded in 2023. The community amenities include a brand-new fitness center, resident lounge, fire pits, and a spacious BBQ courtyard with seating. Each unit includes an individual locked storage room, and assigned covered parking helps provide convenience and security. The building also features an accessible elevator installed, with forced-air heating and a fire alarm.

Set on 2.6 acres, the property provides large grass areas for relaxation and recreation, plus on-site professional management. With 79.49% occupancy and eight vacant units remaining, there is immediate leasing opportunity within the existing unit mix.

Interior updates are highlighted by air conditioning in all units and upgraded kitchen and flooring finishes, including luxury plank flooring, quartz countertops, and stainless steel GE kitchen appliances. The property is located at 404 E 5600 S in Murray, Utah.

Key Highlights

  • Renovated in 2023 with modern interiors and upgraded finishes
  • 39 units, originally built in 1969
  • 2.6‑acre site with large grass areas and BBQ courtyard

Property Analytics

Current Use

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

Top Pick Restaurant Real Estate Agency Food Market Grocery & Convenience Store Hair Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

39
Residential units
79.5%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,588
Businesses Nearby

Demographics for 84107, UT

37,713
Population
17,287
Households
2.2
Avg Household Size
34
Median Age
38%
College-Educated
93%
High-School Grad
7.5 sq mi
ZIP Area
5,028
Density / Sq Mi
$73,469
Median Household Income
$46,098
Median Earnings
$1,387
Median Rent
$426,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated multifamily property with individual locked storage, covered parking, and upgraded interiors and community amenities.
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: Renovated in 2023 with modern interiors and upgraded finishes; 39 units, originally built in 1969; 2.6‑acre site with large grass areas and BBQ courtyard
More about this property
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