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201 N I ST, Salt Lake City, UT 84103
$1,249,000
201 N I ST, Salt Lake City, UT 84103
Units
5
Price/Unit
$249,800
Price/Sqft
$292
Est Gross Yield
6.9%
$86,748/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 2BR / 1BA | 1 | 2 | 1 | 875 | $1,595/mo |
| 1BR / 1BA | 1 | 1 | 1 | 1,025 | $1,495/mo |
| 2BR / 1BA | 1 | 2 | 1 | 800 | $1,395/mo |
| 1BR / 1BA | 1 | 1 | 1 | 800 | $1,695/mo |
| Unit 5 | 1 | 0 | 1 | 560 | $925/mo |
| Total | 5 | 6 | 5 | 4,060 | $7,105/mo |
Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.
Description
Rare opportunity to own a well-maintained 5-Plex in Salt Lake City's desirable Avenues neighborhood. Just minutes from downtown, the University of Utah, hospitals, restaurants, shopping, and public transit, this property is ideally located for tenants who want to be close to work, school, and everything the city has to offer. The property has seen major updates, including new plumbing throughout, along with other improvements that help reduce maintenance and keep the units attractive to renters. Its strong location has contributed to consistent tenant demand and low vacancy over the years. The Avenues continues to be one of Salt Lake City's most sought-after neighborhoods, making this an excellent opportunity for investors looking for a solid income-producing property with long-term upside. **Please do not disturb tenants. Showings require advance notice, and access to all units may not be available until an offer has been accepted. Buyer to verify all information, including square footage.
Listed by Brian Noel · Century 21 Everest
Location
201 N I ST, Salt Lake City, UT 84103
Proforma
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Cap Rate
4.62%
Cash-on-Cash
-0.15%
Cash Flow
-$60/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/12/2026, 12:11:52 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.