Investment opportunity in the highly desirable Avenues neighborhood of Salt Lake City. This well-maintained fourplex is full of practical updates. The attractive brick exterior, newer asphalt shingle roof, and the corner lot provide lasting curb appeal. Each unit has separate gas and electric meters that make management straightforward and efficient. Covered parking and individual storage closets add convenience and value for tenants. The property's location offers unbeatable proximity to downtown, the University of Utah, the hospital, city parks, and shopping and dining. This fourplex rents easily and consistently, with a strong history of occupancy. Current rental rates are below market, offering immediate potential for increased cash flow and long-term growth. Whether you're a seasoned investor or looking to begin your multifamily portfolio in one of Salt Lake City's most historic and stable neighborhoods, this property offers the perfect balance of reliability, charm, and upside.
For sale
$1,150,000
636 E 2nd Ave N, Salt Lake City, UT 84103
6beds
5baths
3,113sqft
Est.:
Quadruplex
Built in 1958
-- sqft lot
$-- Zestimate®
$369/sqft
$-- HOA
What's special
Corner lotNewer asphalt shingle roofAttractive brick exterior
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