1326 S 500 E, Salt Lake City, UT 84105
1326 S 500 E, Salt Lake City, UT 84105
1326 S 500 E, Salt Lake City, UT 84105
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$12,990,000
Est. payment /mo
32 Beds
31 Baths
33,169 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 33,169 sqft

Price per Sqft $391

Subdivision Parkview

MLS Listing ID 2163852

Style High Rise

Bedrooms 32

Construction Status Blt./Standing

HOA Y/N No

Year Built 2025

Annual Tax Amount $27,222

Lot Size 0.360 Acres

Acres 0.36

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

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

Location

State UT

County Salt Lake

Area Salt Lake City; So. Salt Lake

Zoning Multi-Family

Interior

Interior Features Alarm: Fire, Alarm: Security, Disposal, Dishwasher: Built-In

Flooring Tile

Inclusions Dryer, Range, Refrigerator, Washer

Fireplace false

Window Features Full

Exterior

Exterior Feature Basement Entrance, Double Pane Windows, Patio: Covered, Secured Building, Secured Parking, Sliding Glass Doors

Garage Spaces 35.0

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected

View Y/N Yes

View Mountain(s)

Roof Type Flat,Membrane

Present Use Residential

Topography Corner Lot, Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, View: Mountain, Drip Irrigation: Auto-Full

Accessibility Accessible Elevator Installed, Accessible Entrance, Single Level Living

Porch Covered

Total Parking Spaces 35

Private Pool false

Building

Lot Description Corner Lot, Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, View: Mountain, Drip Irrigation: Auto-Full

Faces East

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Architectural Style High Rise

Structure Type Brick,Stone,Stucco

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Whittier

Middle Schools Hillside

High Schools East

School District Salt Lake

Others

Senior Community No

Tax ID 16-07-459-034

Security Features Security System

Acceptable Financing Cash, Conventional

Horse Property No

Listing Terms Cash, Conventional

Virtual Tour https://www.utahrealestate.com/report/display/report/photo/listno/2163852/type/2


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Listed by Colemere Realty Associates LLC

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1931 S 1100 E #200, Salt Lake City, UT, 84106, United States
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1326 S 500 E