Active
1326 S 500 E, Salt Lake City, UT 84105
$12,990,000
32 bed · 31 bath · 33,169 sqft

Prime 34-Unit Multi-family building just a half-block from Liberty Park. Positioned just a half-block from Salt Lake City's iconic Liberty Park, this turnkey 32-unit multifamily building with two ground-floor commercial units represents a rare trophy asset in a historically low-vacancy submarket. Designed to command top-of-market rents and maximize investor NOI, the property features a premium amenity package that ensures high tenant retention. Residents enjoy a secure, heated underground parking garage-a massive competitive advantage during Utah winters-with full elevator access to all levels. The building boasts a private, expansive second-floor courtyard offering a quiet urban oasis, alongside a state-of-the-art secure entry system for ultimate peace of mind. The two high-visibility commercial spaces capitalizes on vibrant neighborhood foot traffic, offering a diversified, robust revenue stream. Combining an unbeatable A+ location with institutional-grade features-including the heated garage, elevator access, and premium security-this generational asset is a standout addition to any sophisticated portfolio. Turnkey investment. Financial package and pro-forma available upon request
| Year built | 2025 |
|---|---|
| Lot size | 0.36 acres |
| Garage | 35 spaces |
| Stories | 0 |
| Type | > 4 Units |
| Annual taxes | $27,222 |
| County | Salt Lake County |
| MLS # | 2163852 |
| Days on market | 42 |
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Listing courtesy of J. Scott Colemere, Colemere Realty Associates LLC.
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