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    Salt Lake City Multifamily Investment Title is generated by Realmo AI

    550 Mansfield Ave S, Salt Lake City, UT 84106

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    For Sale
    $1,700,000

    Eight-unit multifamily property with value-add opportunity in Salt Lake City.

    Type:Multifamily
    Added:
    Apr 3, 2026
    Days on Market:
    67
    Last Refresh:
    Apr 3 at 5:36 am

    Property Features for 550 Mansfield Ave S

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

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    Listing Contact
    Evan Clark

    Listing agent Evan Clark License #UT: 10187590-SA00, ID: 8071166

    Listing office Salt Lake City Office

    Listing date Apr 3, 2026

    Source Marcusmillichap

    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

    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.
    • Opportunity for continued NOI growth through interior upgrades and repositioning.
    • All two‑bedroom unit mix with functional layouts.
    • 8‑unit multifamily community.

    Overview

    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.
    Location Intelligence

    Current Use by Public Records

    Fred Syndergaard General Contractor

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    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
    -111.8749897
    Latitude
    40.702936

    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.
    More about this property
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