1326 S 500 E
Salt Lake City, UT 84105
About
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
Property
Beds
32
Full Baths
None
1/2 Baths
None
Year Built
2024
Sq.Footage
33,169
Features
Features & Amenities
Interior
-
Other Interior Features
Elevator
-
Total Bedrooms
32
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
35
-
Construction Materials
Brick, Stone, Stucco
-
Parking
Covered, Secured
-
Patio and Porch Features
Covered
-
Pool
No
-
Waterfront YN
NO
-
View
Mountain(s)
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.36
-
Lot Size(square feet)
15681.6
-
Property Type
Residential
-
Property Sub Type
Multi Family
-
Architectural Style
High Rise
Price
-
Sales Price
$12,900,000
-
Tax Amount
$27,222
-
Zoning
CN
-
Sq. Footage
33, 169
-
Price/SqFt
$388
HOA
-
Association
No
School District
-
Elementary School
Salt Lake
-
Middle School
Hillside
-
High School
East
Property Features
-
New Construction
NO
-
Accessibility Features
Accessible Elevator Installed, Accessible Entrance
-
Senior Community YN
NO
-
Sewer
Public Sewer
Schedule
Schedule a Showing
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Location
-
County
Salt Lake
-
Elementary School
Salt Lake
-
Middle School
Hillside
-
High School
East
Listing Courtesy of J. Scott Colemere , Colemere Realty Associates LLC
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Summer Luke
Principal Broker | Realtor®
Call Summer today to schedule a private showing.
Phone (801) 882-3300
Email Summer@OnXrealty.com
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