Price Reduction
Address
259 S Montgomery St, Salt Lake City, UT
Price
$ 845,000
Property Attributes
  • MLS#2179520
  • TypeMulti-Family
  • Listing Status Active
  • CountySALT LAKE
  • CitySalt Lake City
  • AreaSalt Lake City
  • Zip84104
  • StyleStories: 2
  • Year Built1981
  • Taxes$ 4621
  • Price$ 845,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3448
  • Lot Size0.25 Acres
Data Source:
Wasatch Front Regional MLS (WFRMLS)
Property Description

Excellent investment opportunity in a prime Salt Lake City location! This well-maintained four-unit property offers strong rental appeal with current rents ranging from $1,450$1,750 per unit. Each unit features an open floor plan, in-unit washer and dryer, and central A/C installed approximately two years ago. The property also includes Google Fiber internet, an irrigation system (currently set to minimum due to the drought), eight dedicated parking stalls, a newly paved parking lot, a private dumpster, and four private storage units, providing valuable amenities for tenants and additional appeal for future residents. Ideally located just 8 minutes from Salt Lake City International Airport and 7 minutes from downtown Salt Lake City, with convenient access to major roads, employment centers, dining, shopping, and entertainment (including the newly proposed Power District Ballpark) . A compelling opportunity for investors seeking a well-located multifamily property with desirable tenant amenities and strong long-term potential. Listing Agent (Camden) is the owner, so please give me a call with any questions 801-870-5814. Please do not disturb tenants.

Elementary School Middle School High School
Edison Elementary School Glendale Middle School West High School
Price History
8/18/2026 Listed $887,000
9/1/2026 5$845,000

General Features

Living Area 3448.0
Sewer Sewer: Connected,Sewer: Public
Heating Forced Air
Utilities Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Architectural Style Stories: 2
Year Built 1981
Topography Fenced: Part,Road: Paved,Sprinkler: Auto-Full
Property Subtype Quadruplex
Current Use Residential
Ownership Agent Owned
County Salt Lake
New Construction No
Property Type Residential
HOA No
Attached Garage No
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 RMF-45
Open Parking Spaces 8.0
Number Of Units Total 4
MLS Area Salt Lake City; Rose Park
Lot Size Units Acres
Lot Size Square Feet 10890.0
Carport Y/N No
Elementary School Edison
Property Attached Y/N No
Tax Annual Amount 4621.0
Home Warranty Y/N No
Middle/Junior High School Glendale
Property Condition Blt./Standing
Lease Considered Y/N No
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Salt Lake
Elementary School District Salt Lake
PostalCity Salt Lake City
ADU No

Interior Features

Flooring Tile
Air Conditioning Y/N No
Heating Y/N Yes
Window Features Blinds
Fireplace Y/N No
Total Bedrooms 8
Total Baths 4

Exterior Features

Vegetation Landscaping: Part,Mature Trees
Parking Features Parking: Uncovered
Lot Features Fenced: Part,Road: Paved,Sprinkler: Auto-Full
Total Parking 8.0
Lot Size Area 0.25
Spa No
Building Area Total 3448.0
Lot Dimensions 0.0x0.0x0.0
Lot Size Acres 0.25
Frontage Length 0.0
Private Pool No
Waterfront Y/N No
RV Parking Dimensions 1.00
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 84104

Price
AVG $1.03M
$850K
Taxes
AVG $4,467
$4,621
Year Built
AVG 1956
1981
Visits
AVG 75
25
Data Provided by Inside Real Estate®

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