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433 S 1300 E photo 11 / 36

$2,200,000

433 S 1300 E, Salt Lake City, UT 84102

Units

8

Price/Unit

$275,000

Price/Sqft

$236

Est Gross Yield

7.1%

$157,212/yr est.

Property Details

Property typeMultifamily
Year built1909
Total units8
Living area9,334 sqft
Bedrooms15
Bathrooms10
Lot size0.25 acres
Parking13 spaces
Days on market10
Listed2026-07-06T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
2BR / 1BA121935$1,400/mo
2BR / 1BA121850$1,425/mo
1BR / 1BA111675$1,200/mo
2BR / 1BA121880$1,400/mo
2BR / 1BA121710$1,300/mo
3BR / 2BA1321,100$1,800/mo
2BR / 2BA1221,400$1,750/mo
1BR / 1BA111450$1,000/mo
Total815107,000$11,275/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

JUST STEPS to the University of Utah in this highly desirable location, Near Multiple Hospitals & TRAX transit to Downtown Salt Lake City ideal for students, urban professional plus others. 8 Unique Apartments in 2 buildings. Extremely Well Maintained, brimming with timeless charm, offering a smart investment potential of both location & consistent HIGH tenant demand. Comfortable floor plans; 1, 2 & 3 bedroom apartments-above average sized units. 13 Off-street parking spaces, Updates include: newer roof, newer double pane windows, newer appliances & countertops, main water line to street replaced. Onsite coin-op laundry providing additional income. Current Rents are below market, GREAT POTENTIAL to increase income. All information is deemed reliable, but not guaranteed. Buyer responsible to verify all listing information to Buyers satisfaction including Square footage obtained from SL County Record & provided as a courtesy estimate.

Listed by Susan S Davis · Coldwell Banker Realty (Salt Lake-Sugar House)

Location

433 S 1300 E, Salt Lake City, UT 84102

Proforma

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Cap Rate

4.75%

Cash-on-Cash

0.20%

Cash Flow

$139/mo

Purchase Price$2,200,000
Down Payment35% ($770,000)
Interest Rate6.00%
Monthly Rent$13,101/mo
Vacancy5%
Expense Ratio30% ($44,805)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.

© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 7/16/2026, 9:49:47 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.