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Salt Lake City, UT Multifamily Properties for Sale

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South Salt Lake, UT Millcreek, UT Murray, UT Taylorsville, UT West Valley City, UT Holladay, UT Eagle Mountain, UT Emigration Canyon, UT
143 properties
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Duplex Property with Detached ADU
Updated: Aug 15
Duplex Property with Detached ADU

113 E WILSON Ave, Salt Lake City, UT 84115

$579,900
2,400 sqft 0.23 AC lot
Approximately 2,400 square feet on a 0.23‑acre lot
400‑square‑foot detached ADU is built but unfinished
Extra‑deep garage is approximately 4‑car wide with 8 ft tall door
Garage includes office space, work benches, heating, and 220 power
Separate ADU power meter, sewer stub, and partially started electrical system
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8-Unit Apartment Building
Updated: May 4
8-Unit Apartment Building

1162 E 400 S, Salt Lake City, UT 84102

$2,300,000
9,563 sqft 0.27 AC lot
8 apartment units with approximately 1,100 square feet each
Two‑bedroom, one‑bathroom layout in each unit
9,563 square feet on 0.27 acres
Multi‑Family zoning
Built in 1973 with brick construction and membrane roof
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Newer Construction Duplex
Newer Construction Duplex

514 S KONETA Ct, Salt Lake City, UT 84102

$1,395,000
4,018 sqft 0.08 AC lot

Twinhome-style configuration with modern layouts, covered parking, and multi-family zoning.

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Historic 7-Unit Apartment Building
Historic 7-Unit Apartment Building

60 E St, Salt Lake City, UT 84103

$1,949,999
6,620 sqft

Historic character meets updated kitchens and bathrooms in a fully leased multifamily property.

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Two-Story Duplex with Garages
Two-Story Duplex with Garages

5101 EMIGRATION CANYON Rd, Salt Lake City, UT 84108

$886,900
3,020 sqft 0.46 AC lot

Side-by-side duplex with separate garages, private outdoor areas, updated interiors, and established residential tenancy.

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Renovated 8-Unit Apartment Building
Renovated 8-Unit Apartment Building

1127 E S TEMPLE, Salt Lake City, UT 84102

$2,695,000
7,607 sqft 0.31 AC lot

Brick apartment property with covered parking, hardwood and tile flooring, and high-efficiency mini-split HVAC systems.

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Brick Apartment Building
Brick Apartment Building

653 E 300 S, Salt Lake City, UT 84102

$1,999,000
11,564 sqft 0.22 AC lot

Multi-Family zoning supports the existing apartment configuration with covered patio space and durable brick construction.

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Duplex with Off-Street Parking
Duplex with Off-Street Parking

3738 S 700 E Unit A-B, Salt Lake City, UT 84106

$898,000
4,689 sqft

Nearly 4,700 sq ft duplex offers extensive off-street parking, including attached garages, with two units and existing income.

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Brick Fourplex with Covered Parking
Brick Fourplex with Covered Parking

4031 S 3200 W, Salt Lake City, UT 84119

$825,000
2,706 sqft 0.36 AC lot

Four-unit multifamily property with updated building systems, separately metered gas and electric, and on-site laundry income.

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Four-Unit Multifamily Building
Four-Unit Multifamily Building

223 S MONTGOMERY St, Salt Lake City, UT 84104

$775,000
3,448 sqft 0.16 AC lot

Fully occupied property with updated kitchens, covered parking, and central forced-air heating.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

702 East 3rd Avenue, Salt Lake City, UT 84103

$1,675,000
6,750 sqft

Corner commercial property combines ground-floor retail with three upstairs apartments.

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Brick Duplex with Covered Parking
Brick Duplex with Covered Parking

1865 S FOOTHILL Dr, Salt Lake City, UT 84108

$995,000
2,790 sqft 0.20 AC lot

Two-level residential income property with updated kitchen features, outdoor spaces, and an upper unit currently available for occupancy.

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Duplex with Basement Apartment
Duplex with Basement Apartment

1888 S 800 E, Salt Lake City, UT 84105

$735,000
2,730 sqft 0.15 AC lot

Multi-family property with flexible layout, alley access, and a covered patio in Salt Lake City’s Sugar House area.

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16-Unit Brick Apartment Building
16-Unit Brick Apartment Building

905 E 200 S, Salt Lake City, UT 84102

$3,400,000
10,150 sqft

Classic walk-up community with updated building systems and a mix of renovated and original residences.

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5-Unit Apartment Building
5-Unit Apartment Building

128 S 1000 E, Salt Lake City, UT 84102

$1,600,000
4,900 sqft 0.15 AC lot

Multi-Family zoning supports the property’s residential apartment configuration with secured covered parking.

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Remodeled Fourplex with Covered Parking
Remodeled Fourplex with Covered Parking

412 E VAN NESS Pl S, Salt Lake City, UT 84111

$1,275,000
3,426 sqft 0.08 AC lot

Multi-family property with four refreshed units, brick construction, open porch, and covered parking.

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Separately Metered Quadplex
Separately Metered Quadplex

268 W 700 N, Salt Lake City, UT 84103

$750,000
2,268 sqft

Each residence has its own furnace, water heater, laundry, and full bath.

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Renovated 15-Unit Apartment Building
Renovated 15-Unit Apartment Building

425 S 900 E, Salt Lake City, UT 84102

$4,450,000
13,128 sqft 0.31 AC lot

Updated multifamily property with covered patios, secured entry, and covered parking near the University of Utah.

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Newer Twinhome-Style Duplex
Newer Twinhome-Style Duplex

514 S KONETA CT, Salt Lake City, UT 84102

$1,395,000
4,018 sqft

Built in 2023, this duplex offers two units with 3 bedrooms and 3 bathrooms each.

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Renovated 15-Unit Apartment Building
Renovated 15-Unit Apartment Building

120 G St, Salt Lake City, UT 84103

$4,450,000
13,077 sqft 0.31 AC lot

Brick multifamily property with updated kitchens, covered parking, balconies, and hardwood and tile flooring.

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Updated Fourplex with Storage
Updated Fourplex with Storage

1470 S EDISON ST, Salt Lake City, UT 84115

$865,000
2,726 sqft

Four-unit residential income property with refreshed interiors, separate utility metering, off-street parking, and tenant storage space.

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Historic 7-Unit Apartment Building
Historic 7-Unit Apartment Building

60 E St, Salt Lake City, UT 84103

$1,949,999
6,620 sqft 0.11 AC lot

Brick multifamily property with updated kitchens, modernized bathrooms, and select private balconies.

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Duplex with Detached ADU
Duplex with Detached ADU

113 E WILSON AVE, Salt Lake City, UT 84115

$579,900
2,400 sqft

Includes a detached unfinished ADU with a separate power meter and a deep garage offering workspace and vehicle capacity.

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Remodeled Nonconforming-Use Duplex
Remodeled Nonconforming-Use Duplex

254 E 700 S, Salt Lake City, UT 84111

$680,000
3,159 sqft 0.07 AC lot

Two kitchens, separate living areas, and walkout access support flexible occupancy.

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Salt Lake City, UT Multifamily Properties Market Trends and Statistics

Explore 143 multifamily properties for sale in Salt Lake City, UT, showcased through 143 active listings on our real estate platform. These investment opportunities span a total of 668,201 square feet of properties for sale, with an estimated market value of $161,519,418.

Sale prices for multifamily properties in Salt Lake City, UT start at $479,999, averaging $1,583,523, and reaching up to $12,990,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 55
Duplexes 46
Quadplexes 32
Triplexes 15
Short term rental properties 2

Demographics Overview

Population 636K
Population Growth (5Y) +4.9%
Median Household Income $87,486
College Educated 29.7%

High-Yield Neighborhoods for Investment

Identify Salt Lake City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
84121 $580K
84115 $685K
84124 $717K
84119 $825K
84108 $922.9K

Taxes & Financing

Tax Rate (average for all types) 0.89%
Property Tax per SF $4.73 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Salt Lake County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Salt Lake County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Salt Lake City fall within the 100,000+ square foot range.

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