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    Salt Lake City, UT Residential Income Properties for Sale

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    Millcreek, UT South Salt Lake, UT West Valley City, UT
    45 listings
    Converted Multifamily Apartment Building
    $2,200,000
    11,564 SF
    Converted Multifamily Apartment Building

    653 E 300 S, Salt Lake City, UT 84102

    Historically converted building offers a mix of one- and two-bedroom units with convenient downtown access.
    • Historic brick building built in 1913, originally opened as the city’s first hotel
    • Converted into a modern apartment complex with 14 total units: four 2‑bedroom and ten 1‑bedroom apartments
    • Covered patio/patio features on the property
    • Steam heating and asphalt roof
    • Public sewer
    Updated: Jun 6
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    Duplex with Two 5-Bed Units
    $750,000
    3,700 SF
    Duplex with Two 5-Bed Units

    1446 N MANDALAY Rd, Salt Lake City, UT 84116

    Duplex features two 5-bedroom, 2-bath units with exterior updates and a large yard for tenant flexibility.
    • Duplex built in 1972 with two 5‑bedroom, 2‑bath units (10 bedrooms total, 4 bathrooms total).
    • One unit recently remodeled and described as move‑in ready; the second unit is tenant occupied for immediate income.
    • Interior features include free‑standing range/oven; heating is forced air.
    • Flooring includes carpet and laminate.
    • Covered parking available and roof is tar/gravel.
    Updated: Jun 5
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    Large Multifamily Near University of Utah
    $2,300,000
    9,563 SF
    Large Multifamily Near University of Utah

    Eight-unit multifamily property near the University of Utah.

    1162 E 400 S, Salt Lake City, UT 84102

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    Updated 4-Plex for Sale
    $1,300,000
    3,136 SF
    Updated 4-Plex for Sale

    Four updated units with refreshed interiors, offered in Multi-Family zoning near quick freeway access.

    2330 E HERITAGE Way, Salt Lake City, UT 84109

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    Renovated Multifamily Building Near University
    $4,450,000
    13,128 SF
    Renovated Multifamily Building Near University

    Well-located, renovated 15-unit apartment building near the University of Utah.

    425 S 900 E, Salt Lake City, UT 84102

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    Salt Lake City Multifamily Investment
    $900,000
    3,584 SF
    Salt Lake City Multifamily Investment

    Prime investment opportunity near downtown Salt Lake City.

    1794 W 400 N, Salt Lake City, UT 84116

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    Triplex with Three Residential Units
    $565,000
    2,230 SF
    Triplex with Three Residential Units

    Solid income-producing triplex featuring two occupied 2-bedroom units and one vacant 1-bedroom unit.

    1131 W ARAPAHOE Ave, Salt Lake City, UT 84104

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    Remodeled Duplex in Sugar House
    $734,999
    2,597 SF
    Remodeled Duplex in Sugar House

    Updated duplex in a prime Sugar House location.

    1145 KENSINGTON Ave, Salt Lake City, UT 84105

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    Downtown Salt Lake City Triplex
    $985,000
    2,631 SF
    Downtown Salt Lake City Triplex

    Triplex with rental performance near downtown Salt Lake City.

    22 W 300 N, Salt Lake City, UT 84103

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    Remodeled Legal Duplex
    $675,000
    1,992 SF
    Remodeled Legal Duplex

    Recently remodeled legal duplex with separate utilities, A/C, and private washer/dryer for each unit.

    977 S 300 E, Salt Lake City, UT 84111

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    Victorian Triplex with Rental Potential
    $1,274,000
    4,309 SF
    Victorian Triplex with Rental Potential

    Unique Salt Lake City Victorian triplex, ideal for short-term rentals.

    936 E 1700 S, Salt Lake City, UT 84105

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    Salt Lake City Multifamily Investment
    $4,450,000
    13,077 SF
    Salt Lake City Multifamily Investment

    Turnkey 15-unit Salt Lake City investment property for sale.

    120 G St, Salt Lake City, UT 84103

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    Turnkey Fourplex in Prime Location
    $1,200,000
    3,750 SF
    Turnkey Fourplex in Prime Location

    Legal fourplex with mixed-use zoning in a sought-after area.

    116 B St, Salt Lake City, UT 84103

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    Stunning Multi-Family Investment Opportunity
    $4,345,000
    14,850 SF
    Stunning Multi-Family Investment Opportunity

    Rare dual building multi-family property in historic Salt Lake City.

    146 E 2ND AVE, Salt Lake City, UT 84103

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    Well-Maintained 5-Plex
    $1,249,000
    4,272 SF
    Well-Maintained 5-Plex

    Five-unit residential income property with updated plumbing and continued upkeep in a multi-family zoned area.

    201 N I St, Salt Lake City, UT 84103

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    Multifamily Community in Salt Lake
    $3,599,999
    13,866 SF
    Multifamily Community in Salt Lake

    22-unit multifamily community in Salt Lake City's sought-after neighborhood.

    227 N SPENCER Ct, Salt Lake City, UT 84103

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    Mixed-Use Opportunity in Salt Lake
    $1,450,000
    3,600 SF
    Mixed-Use Opportunity in Salt Lake

    Versatile property with residential and commercial potential in prime location.

    220 W LUCY Ave, Salt Lake City, UT 84101

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    Rose Park Fourplex with Views
    $825,000
    3,350 SF
    Rose Park Fourplex with Views

    Fourplex in Rose Park with renovated units and capitol views.

    385 N 1200 W, Salt Lake City, UT 84116

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    Updated Fourplex in Salt Lake
    $799,900
    2,400 SF
    Updated Fourplex in Salt Lake

    Turnkey fourplex with modern updates and strong rental history.

    220 E LESLIE Ave, Salt Lake City, UT 84115

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    Furnished Multifamily Property in Salt Lake
    $1,999,000
    5,678 SF
    Furnished Multifamily Property in Salt Lake

    Fully occupied 5-plex near University of Utah.

    937 E 300 S, Salt Lake City, UT 84101

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    Salt Lake City Triplex
    $875,000
    6,623 SF
    Salt Lake City Triplex

    Rose Park triplex with garages and long-term tenants.

    1711 W 400 N, Salt Lake City, UT 84116

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    Updated Duplex in Sugar House
    $829,000
    1,597 SF
    Updated Duplex in Sugar House

    Updated duplex with rental income potential in a prime location.

    817 E RAMONA Ave, Salt Lake City, UT 84105

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    Turn-Key Duplex with Basement Improvements
    $824,900
    1,983 SF
    Turn-Key Duplex with Basement Improvements

    Two-unit rental property with basement improvements, positioned for owner-occupancy or investor ownership in a high-demand area.

    1847 S 1100 E, Salt Lake City, UT 84105

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    Turnkey Fourplex in Prime Location
    $1,200,000
    3,750 SF
    Turnkey Fourplex in Prime Location

    Legal fourplex in the Avenues, Salt Lake City, with cash flow.

    116 N B St E, Salt Lake City, UT 84103

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    Salt Lake City, UT Residential Income Properties Investment Opportunities Market Analysis

    Explore 72 residential income properties for sale in Salt Lake City, UT, showcased through 45 active listings on our real estate platform. These investment opportunities span a total of 316,720 square feet of properties for sale, with an estimated market value of $81,090,332.

    Sale prices for residential income properties in Salt Lake City, UT start at $274,900, averaging $2,027,258, and reaching up to $8,500,000 — 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 41
    Apartment buildings 19
    Duplexes 8
    Quadplexes 8
    Triplexes 5

    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
    84104 $675.3K
    84115 $757.5K
    84105 $977.4K
    84106 $1.2M
    84116 $1.5M

    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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