Views
Address
55 E 200 N, Salt Lake City, UT
Price
$ 2,100,000
Property Attributes
  • MLS#2149437
  • TypeMulti-Family
  • Listing Status Active
  • CountySALT LAKE
  • CitySalt Lake City
  • AreaSalt Lake City - Avenues Area
  • NeighborhoodAVENUES
  • Zip84103
  • StyleStories: 1
  • Year Built1936
  • Taxes$ 8815
  • Price$ 2,100,000
  • Bedrooms12
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage7304
  • Lot Size0.31 Acres
Data Source:
Wasatch Front Regional MLS (WFRMLS)
Property Description

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.

Elementary School Middle School High School
Washington Elementary School Bryant Middle School West High School
Price History
4/9/2026 Listed $2,900,000
4/28/2026 9$2,650,000
5/23/2026 21$2,100,000

General Features

Living Area 7304.0
Sewer Sewer: Connected,Sewer: Public
Heating Gas: Central
Utilities Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Roof Tile
Zoning Multi-Family
Patio/Porch Features Porch: Open,Patio: Open
Architectural Style Stories: 1
Construction Materials Cinder Block,Stucco
Year Built 1936
View Mountain(s)
Topography Curb & Gutter,Road: Paved,Sidewalks,Sprinkler: Auto-Full,Terrain,Flat,View: Mountain
Property Subtype > 4 Units
Current Use Residential
County Salt Lake
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name AVENUES
Garage Y/N No
Status Active
High School West
City Salt Lake City
Senior Community Y/N No
High School District Salt Lake
Zoning Description 1205
Number Of Units Total 6
MLS Area Salt Lake City: Avenues Area
Lot Size Units Acres
Lot Size Square Feet 13503.6
Carport Y/N No
Listing Terms Cash,Conventional
Elementary School Washington
Property Attached Y/N No
Tax Annual Amount 8815.0
Home Warranty Y/N No
Middle/Junior High School Bryant
Property Condition Blt./Standing
Lease Considered Y/N No
Virtual Tour https://u.listvt.com/mls/238860786
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Salt Lake
Elementary School District Salt Lake
Virtual Tour https://visualize.summitsothebysrealty.com/5565east200n
PostalCity Salt Lake City
ADU No

Interior Features

Interior Amenities Range/Oven: Free Stdng.,Dishwasher: Built-In
Flooring Hardwood,Tile,Vinyl
Fireplace Features Insert
Air Conditioning Y/N No
Heating Y/N Yes
Window Features Blinds
Fireplace Y/N No
Laundry Features Electric Dryer Hookup
Total Bedrooms 12
Total Baths 6

Exterior Features

Exterior Amenities Balcony,Porch: Open,Patio: Open
Vegetation Landscaping: Full,Mature Trees,Terraced Yard
Parking Features Detached
Lot Features Curb & Gutter,Road: Paved,Sidewalks,Sprinkler: Auto-Full,View: Mountain
Water Source Culinary
Inclusions Dryer,Fireplace Insert,Range,Refrigerator,Washer,Window Coverings
Lot Size Area 0.31
Spa No
Building Area Total 7304.0
Lot Dimensions 0.0x0.0x0.0
Lot Size Acres 0.31
Frontage Length 0.0
Private Pool No
Waterfront Y/N No
RV Parking Dimensions 0.00
Other Equipment Fireplace Insert,Window Coverings
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 84103

Price
AVG $2.09M
$2.1M
Taxes
AVG $9,661
$8,815
Year Built
AVG 1923
1936
Visits
AVG 92
194
Data Provided by Inside Real Estate®

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