Historic Fourplex with Updated
465 E 6TH AVE Salt Lake City, UT 84103
465 E 6TH AVE, Salt Lake City, UT, 84103
$975,000
For Sale
$975,000
Built in 1910, this fourplex features a studio, multiple one- and two-bedroom units, and updated interiors throughout.
Property Size3,475 SF
Price / SF$280.58
Days on Market264
Property Features for 465 E 6TH AVE
General Information
- Standard status
- Active
- Size
- 3,475 SF
- Property subtype
- Fourplex
Building Details
- Year Built
- 1910
Listing agency
(435) 649-0891
Listed by
Christies International Real Estate Park City
(435) 649-0891
Source
Xome
Added: Nov 2, 2025 Updated: Jul 21 at 1:47AM Checked: Jul 23 at 3:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Christies International Real Estate Park City
Investment Insights
Based on property information with market context.
465 E 6th Ave is a 3,475-square-foot fourplex built in 1910. The property consists of four units, including a bright, efficient studio; a light-filled one-bedroom, one-bath unit with original details; and two two-bedroom units, one of which includes an additional half bath. Across the building, all units have been tastefully updated to blend period character with modern comfort.
Located on the tree-lined streets of The Avenues in Salt Lake City, the property is set within one of the city’s more historic residential neighborhoods. The combination of early 20th-century architecture and thoughtful updates supports strong day-to-day livability for tenants.
From a layout standpoint, the mix of studio, one-bedroom, and two-bedroom options provides flexibility for an owner looking to maintain a varied unit mix within a single building.
Located on the tree-lined streets of The Avenues in Salt Lake City, the property is set within one of the city’s more historic residential neighborhoods. The combination of early 20th-century architecture and thoughtful updates supports strong day-to-day livability for tenants.
From a layout standpoint, the mix of studio, one-bedroom, and two-bedroom options provides flexibility for an owner looking to maintain a varied unit mix within a single building.
Key Highlights
- 3,475 sq ft fourplex built in 1910 with brick exterior in The Avenues neighborhood
- Unit mix includes a studio, a 1‑bedroom 1‑bath, and two 2‑bedroom units (one with an additional half bath)
- Hardwood, tile, and linoleum flooring, with updated interiors throughout the property
Local Financial Insights For Multifamily LT 5
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 | $70.1k | $20.16 |
| − Vacancy | −$3.9k | −$1.11 |
| EGI | $66.2k | $19.05 |
| − OpEx | −$19.9k | −$5.72 |
| NOI | $46.3k | $13.34 |
3,475 SF · lease $20.16/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$662.0K
$579.3K – $772.4K
NOI $46,342 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$615.0K
$538.1K – $717.5K
NOI $43,050 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$936.2K
$819.2K – $1.09M
NOI $65,535 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Built in 1910, this fourplex features a studio, multiple one- and two-bedroom units, and updated interiors throughout.
Where is this quadplex located?
The property is located at 465 E 6TH AVE Salt Lake City, UT.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 3,475 sq ft fourplex built in 1910 with brick exterior in The Avenues neighborhood; Unit mix includes a studio, a 1‑bedroom 1‑bath, and two 2‑bedroom units (one with an additional half bath); Hardwood, tile, and linoleum flooring, with updated interiors throughout the property
