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This sixplex multi-family property is located in Salt Lake’s highly desirable Avenues neighborhood, positioned on a prominent corner lot with convenient access to downtown, the University of Utah, area parks, dining, and the region’s extensive trail systems. The property is currently configured as six different conforming units within a single structure, consisting primarily of studio and one-bedroom layouts. The asset offers immediate income with continued demand driven by its exceptional location. The structure itself is in original condition and will require significant updating, presenting a clear opportunity for a future owner to renovate, reposition, or evaluate alternative long-term strategies for the site. Buyers are encouraged to conduct their own due diligence regarding potential improvements, redevelopment considerations, and any requirements associated with the property’s historic designation. Additional features include open off-street parking at the rear of the property, ample surrounding street parking, mature landscaping, and shared laundry and storage areas. This is a rare opportunity to acquire a well-located parcel in one of the City’s most consistently sought-after neighborhoods, offering both in-place income and the potential to reimagine the property over time.
…By Summit Sotheby's International Realty
Newport Square is a seven-unit building at the heart of Salt Lake's Central City and South Temple neighborhoods, just blocks from downtown. Known for its historic charm, the area is home to stately properties like the Governor's Mansion, active redevelopment, and many local businesses, with easy access to desirable residential neighborhoods including the Avenues and Federal Heights. Six apartment units were converted to private offices over twenty years ago, and a seventh office suite was added on the top level. All tenants are long-term on month-to-month leases. The owner occupies the top-level office and six garages, all of which could be leased for additional revenue. The property sits on a double-size .30-acre lot with ample off-street parking and was recently rezoned to MU-6 mixed-use. Inquire for financials and additional information.
…By Summit Sotheby's International Realty
An extraordinary Yalecrest estate where timeless architecture, exceptional craftsmanship, and resort-style living converge on nearly an acre of private grounds. Built in 1935, this distinctive residence offers a rare sense of scale and privacy in one of Salt Lake City's most coveted neighborhoods. Inside, more than 5,000 square feet of living space reveal the character and craftsmanship of another era, including arched doorways, hand-painted tile fireplaces, exposed wood-beam ceilings, rich mahogany floors, a Sitting Room off the kitchen, and a wood-paneled library with floor-to-ceiling built-ins. A lower-level theater creates an inviting setting for entertaining and gathering. Beyond the residence, the property becomes its own private retreat. A championship tennis court with stadium seating, full swimming pool and diving board, covered pergola, fountains, outdoor kitchen, and expansive grounds create an extraordinary setting for both everyday enjoyment and grand-scale entertaining. Mountain views complete the experience. At 0.87 acre, this extraordinary property offers nearly six times the lot size of the typical Yalecrest home-an exceptionally rare amount of private land in one of Salt Lake City's most historic neighborhoods. The expansive grounds create a true private-estate experience, with a full swimming pool, championship-size tennis court with stadium seating, outdoor kitchen and pergola, mature landscaping, and beautiful mountain views. Adding to the property's remarkable potential is a generous area in the West end of the property perfectly suited for a future accessory dwelling unit (ADU), with this section of the property equal in size to the adjacent lot on Harvard Avenue. For buyers interested in multigenerational living, a guest residence, or additional living space, this exceptional acreage offers possibilities rarely found in the heart of Yalecrest. The location is equally compelling: moments from the University of Utah, minutes from downtown Salt Lake City, and within easy reach of the Wasatch Mountains and world-class skiing. Properties of this scale, character, and amenity offering are exceptionally rare in the heart of Yalecrest. This is more than a home-it is a remarkable piece of Salt Lake City living.
…By Summit Sotheby's International Realty
Excellent investment opportunity offering multiple income streams and strong rental potential. This well-maintained four-unit property has benefited from significant capital improvements, including new windows and upgraded electrical systems throughout. Each unit is individually metered with separate electric and gas meters, providing efficient utility management. Conveniently located near UTA bus and train lines, the property also offers ample on-site parking, with additional spaces available for separate rental. Garage storage units provide an additional opportunity to generate income, further enhancing the property's overall investment appeal.
…By Summit Sotheby's International Realty
Excellent investment opportunity offering multiple income streams and strong rental potential. This well-maintained four-unit property has benefited from significant capital improvements, including new windows and upgraded electrical systems throughout. Each unit is individually metered with separate electric and gas meters, providing efficient utility management. Conveniently located near UTA bus and train lines, the property also offers ample on-site parking, with additional spaces available for separate rental. Garage storage units provide an additional opportunity to generate income, further enhancing the property's overall investment appeal.
…By Summit Sotheby's International Realty
Excellent investment opportunity offering multiple income streams and strong rental potential. This well-maintained four-unit property has benefited from significant capital improvements, including new windows and upgraded electrical systems throughout. Each unit is individually metered with separate electric and gas meters, providing efficient utility management. Conveniently located near UTA bus and train lines, the property also offers ample on-site parking, with additional spaces available for separate rental. Garage storage units provide an additional opportunity to generate income, further enhancing the property's overall investment appeal.
…By Summit Sotheby's International Realty
This downtown property doesn’t fit neatly into just one category, and that may be exactly its advantage. Originally built as a single-family home in 1890, this distinctive property offers a rare combination of character, downtown visibility, private parking, and flexible MU-8 zoning. Inside, original exposed brick, high ceilings, abundant natural light, and architectural details create a setting with personality that is hard to replicate. For an entrepreneur, investor, or business owner, there are several possibilities: a professional office, creative studio, spa, hair salon, daycare, live/work setting, multifamily housing, or short-term rental accommodations such as Airbnb. The walkout lower level offers direct access to the private parking lot, and plentiful off-street parking is a major advantage in this highly walkable location. Just blocks from TRAX, top restaurants, shopping, and entertainment, and minutes from the University of Utah and three major hospitals, the location works well for guests, clients, employees, or residents MU-8 is among the most flexible zoning types within the city's residential codes, allowing for a broad range of potential uses and possible future redevelopment. Property is not listed on the National Register of Historic Places, offering buyers flexibility for renovation or redevelopment.
…By Summit Sotheby's International Realty
Situated about a block below Rice Eccles Stadium. This property provides easy access to the campus, downtown, hospitals, restaurants, shops and TRAX. Units have lots of light and tons of charm, including leaded glass, hard wood floors, with a classic bungalow front porch. New roof, carpet and sod. A property in this area is extremely rare and will always be in demand. Property is 100% occupied with leases through April 2026.
…By Summit Sotheby's International Realty
This rare multi-family offering consists of three standalone duplexes creating six individual residential units, ideally located on Capitol Hill bordering downtown, the State Capitol, and the Avenues in one of Salt Lake City’s most desirable and enduring neighborhoods. Positioned just above North Temple, the property provides exceptional accessibility to the University of Utah, the vibrant urban corridor, the airport, and the surrounding canyons, while maintaining a sense of privacy set back from the city center. The unique configuration creates a residential environment where each unit lives more like an individual home, with private entryways framed by distinctive turret-style architectural elements. Rich in character, the residences feature original hardwood floors, fireplaces, curved doorways, and colorful vintage tile, elements that have contributed to long-term tenant retention and a strong sense of place. The unit mix includes two one-bedroom, two two-bedroom, and two three-bedroom residences, each with one bathroom and thoughtful layouts. Several units offer additional flexibility with den or dining spaces, along with private balconies capturing views of downtown and the surrounding mountain ranges. A central courtyard provides a shared outdoor gathering space, complemented by covered parking for each unit, shared laundry, and additional storage. While currently capturing below market rents, this property attracts consistent loyalty with many tenants in place for extended periods, some for over two decades, a firm reflection of both the appeal of the property and the stability it offers. While the property has been maintained over time, it presents a clear opportunity for a future owner to thoughtfully update and reposition the asset, aligning rents more closely with current market levels while preserving its architectural integrity. A compelling opportunity to acquire a legacy property with strong fundamentals, irreplaceable character, and meaningful long-term upside in one of Salt Lake City’s most sought-after locations.
…By Summit Sotheby's International Realty
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