Residential Income

Salt Lake City, UT Residential Income Properties for Sale

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Millcreek, UT Murray, UT South Salt Lake, UT Taylorsville, UT West Valley City, UT Holladay, UT Eagle Mountain, UT Emigration Canyon, UT
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Apartment Building Boarding Home Setup
Updated: Apr 29
Apartment Building Boarding Home Setup

157 S 800 E, Salt Lake City, UT 84102

$875,000
5,989 sqft 0.22 AC lot
0.22‑acre lot and 5,989 SF apartment building zoned Multi‑Family
Overhead water sprinklers installed for elderly care and still in place
Licensed single‑room boarding home with shared bath areas and common upstairs kitchen
Main level includes one 2‑bedroom and one 1‑bedroom apartment, both with kitchens
2 common full bathrooms upstairs plus two shared common baths for the 7‑room grouping
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157 S 800 E, Salt Lake City, UT 84102

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Brick Multifamily Apartment Building with Patio
Updated: Jun 6
Brick Multifamily Apartment Building with Patio

653 E 300 S, Salt Lake City, UT 84102

$2,200,000
11,564 sqft 0.22 AC lot
14 total units: four 2‑bedroom apartments and ten 1‑bedroom units
0.22‑acre lot with 11,564 SF multifamily building
Zoned Multi‑Family
Brick construction with steam heat and an asphalt roof
Covered patio
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Side-by-Side Duplex with Two-Car Garages
Side-by-Side Duplex with Two-Car Garages

5101 EMIGRATION CANYON Rd, Salt Lake City, UT 84108

$886,900
3,020 sqft 0.46 AC lot

Legal side-by-side duplex on 0.46 acres with well and septic, plus a new roof and updated kitchens and baths.

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Duplex with Covered Parking
Duplex with Covered Parking

514 S KONETA Ct, Salt Lake City, UT 84102

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

Twinhome-style duplex in a Multi-Family zone with covered parking, carpeted interiors, and forced-air heating.

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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

$915,000
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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8-Unit Apartment Building
8-Unit Apartment Building

1162 E 400 S, Salt Lake City, UT 84102

$2,300,000
9,563 sqft 0.27 AC lot

Zoned Multi-Family, brick 8-unit building with covered parking and central natural gas heating.

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Five-Plex Apartment Building with Conversion Potential
Five-Plex Apartment Building with Conversion Potential

128 S 1000 E, Salt Lake City, UT 84102

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

Five-plex apartment building zoned multi-family with radiant heated floors, historic finishes, and secured covered parking.

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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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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 construction, updated kitchens and bathrooms, and select private balconies support contemporary multifamily living.

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Two-Story Duplex with Solar and Deck
Two-Story Duplex with Solar and Deck

1131 S 800 E, Salt Lake City, UT 84105

$985,000
2,734 sqft 0.13 AC lot

Up-and-down two-story duplex with solar panels and battery storage, mini-split cooling, and rebuilt front porch.

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Historic 5-Plex with Conversion Potential
Historic 5-Plex with Conversion Potential

128 S 1000 E, Salt Lake City, UT 84102

$1,600,000
4,900 sqft

Well-maintained 5-plex with vaulted ceilings, stained glass, and heated flooring; tenant occupied with 24-hour notice.

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Remodeled Side-by-Side Duplex
Remodeled Side-by-Side Duplex

1066 E MARKEA Ave, Salt Lake City, UT 84102

$1,049,000
3,308 sqft 0.07 AC lot

Side-by-side duplex extensively remodeled in 2019 with covered parking, double-pane windows, and updated kitchens and baths.

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15-Unit Apartment Building with 2023 Renovations
15-Unit Apartment Building with 2023 Renovations

120 G St, Salt Lake City, UT 84103

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

Fifteen units with 12 two-bedroom and 3 one-bedroom layouts, with significant renovations completed in 2023.

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All-Brick Side-by-Side Duplex
All-Brick Side-by-Side Duplex

4358 S ROSE GARDEN LN, Salt Lake City, UT 84124

$599,000
1,600 sqft

Two side-by-side units each feature fenced yards and updated roofing, windows, electrical service, and major mechanicals.

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Brick 5-Plex Apartment Building
Brick 5-Plex Apartment Building

201 N I St, Salt Lake City, UT 84103

$1,150,000
4,272 sqft 0.08 AC lot

Brick 5-plex apartment building in a Multi-Family zone with public sewer and wall furnace heat.

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Duplex with Private Patio
Duplex with Private Patio

169 W 400 N, Salt Lake City, UT 84103

$779,000
1,600 sqft 0.05 AC lot

Two-unit duplex in Multi-Family zoning with central air, in-unit laundry, smart thermostats, and dedicated off-street parking.

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Renovated Duplex with Historic Character
Renovated Duplex with Historic Character

450 E SEGO AVE, Salt Lake City, UT 84111

$749,000
1,300 sqft

MU5 zoning, updated interiors, and preserved architectural details define this Salt Lake City residential property.

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Updated Quadplex with Covered Parking
Updated Quadplex with Covered Parking

2330 E HERITAGE Way, Salt Lake City, UT 84109

$1,000,000
3,136 sqft 0.21 AC lot

Multi-family quadplex with central natural gas heat, double pane windows, and an open porch in a Multi-Family zoned area.

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Side-by-Side Duplex With Loft
Side-by-Side Duplex With Loft

1216 S LYMAN CT, Salt Lake City, UT 84105

$500,000
1,754 sqft

Legal, conforming side-by-side duplex sold as-is, with updates in one unit and an upstairs loft in one side.

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Duplex with One Remodeled Unit
Duplex with One Remodeled Unit

1446 N MANDALAY Rd, Salt Lake City, UT 84116

$725,000
3,700 sqft 0.18 AC lot

Duplex featuring forced-air heat and covered parking, with one unit remodeled and move-in ready.

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Duplex with Solar and Battery Storage
Duplex with Solar and Battery Storage

1131 S 800 E, Salt Lake City, UT 84105

$985,000
2,734 sqft

Up and down two-story duplex with solar panels and a battery wall plus mini-split cooling systems.

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15-Unit Apartment Building
15-Unit Apartment Building

425 S 900 E, Salt Lake City, UT 84102

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

Multi-family zoned 15-unit apartment building with a secured building setup and covered patio.

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Turnkey Side-by-Side Duplex
Turnkey Side-by-Side Duplex

1364 W GLENROSE DR, Salt Lake City, UT 84104

$615,000
2,145 sqft

Side-by-side duplex with private garages, fenced backyards, and in-unit laundry hookups in each unit.

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Triplex Victorian Home with Patio
Triplex Victorian Home with Patio

936 E 1700 S, Salt Lake City, UT 84105

$1,249,000
4,309 sqft 0.31 AC lot

Renovated triplex on a 0.31-acre lot with three units, featuring an open patio and balcony plus central gas heating.

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Salt Lake City, UT Residential Income Properties Market Trends and Statistics

Explore 94 residential income properties for sale in Salt Lake City, UT, showcased through 94 active listings on our real estate platform. These investment opportunities span a total of 547,101 square feet of properties for sale, with an estimated market value of $124,369,396.

Sale prices for residential income properties in Salt Lake City, UT start at $370,000, averaging $1,636,439, 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

Multifamily properties 94
Apartment buildings 36
Duplexes 35
Quadplexes 14
Triplexes 9

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
84120 $380K
84124 $599K
84106 $698K
84115 $738.3K
84116 $837.5K

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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