Salt Lake City Multifamily
550 Mansfield Ave S Salt Lake City, UT 84106
For Sale
$1,700,000
Eight-unit multifamily property with value-add opportunity in Salt Lake City.
Days on Market113
Property Features for 550 Mansfield Ave S
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing Agency:
Salt Lake City Office
(801) 736-2632
Listed By:
Evan Clark · License #License(s): UT: 10187590-SA00, ID: 8071166
(801) 736-2632
Source:
Marcusmillichap
Added: Apr 3
Changed: Jul 10
Last Checked: Jul 23 at 2:40AM
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 Salt Lake City Office
Investment Insights
Based on property information with market context.
This 8-unit multifamily community is located along Salt Lake City’s 3300 South corridor near Brickyard Plaza. The property features an all two-bedroom unit mix with functional layouts. There is a value-add opportunity, with in-place rents estimated 25%–35% below market, and upside through targeted interior upgrades and repositioning. The property benefits from access to I-80, I-15, public transit, and major employment centers throughout the Salt Lake Valley. Its location, unit configuration, and opportunity for continued NOI growth position the asset as an investment for buyers seeking a well-located, high-potential property.
Key Highlights
- Value‑add opportunity with in‑place rents estimated 25%-35% below market.
- Excellent access to I‑80, I‑15, public transit, and major employment centers.
- Well‑located along Salt Lake City’s 3300 South corridor near Brickyard Plaza.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fred Syndergaard
General Contractor
FAQs
What type of property is this?
Apartment building - Eight-unit multifamily property with value-add opportunity in Salt Lake City.
Where is this apartment building located?
The property is located at 550 Mansfield Ave S Salt Lake City, UT.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Value‑add opportunity with in‑place rents estimated 25%-35% below market.; Excellent access to I‑80, I‑15, public transit, and major employment centers.; Well‑located along Salt Lake City’s 3300 South corridor near Brickyard Plaza.
