Stories: 2
4345 S HIGHLAND DR
Holladay, UT 84124
MLS#: 2151411
$2,100,000
Property
Beds
14
Full Baths
None
1/2 Baths
None
Year Built
1960
Sq.Footage
7,072
Marcus & Millichap is pleased to present this exclusive listing of a core+ multifamily asset in Salt Lake City's Millcreek corridor, one of the region's most resilient rental submarkets. The property is being offered individually as part of a two-property, 16-unit portfolio, with the seller preferring a package sale but willing to consider individual offers. The investment thesis is straightforward: in-place cash flow paired with clearly defined upside through natural tenant turnover and ancillary income strategies. In-place rents reflect a tenured resident base, with an average tenancy of approximately two and a half years, signaling stability while presenting a mark-to-market opportunity as units turn. The asset benefits from strong demographic tailwinds driven by Utah's sustained population growth and a widening mortgage-to-rent affordability gap that continues to push would-be buyers into the rental market. Do not disturb tenants. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement. Contact listing agent for financials or to schedule a tour.
Features & Amenities
Interior
-
Total Bedrooms
14
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.36
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Stories: 2
Price
-
Sales Price
$2,100,000
-
Tax Amount
$9,942
-
Zoning
RM
-
Sq. Footage
7, 072
-
Price/SqFt
$296
HOA
-
Association
No
School District
-
Elementary School
Granite
-
Middle School
Wasatch
-
High School
Olympus
Property Features
-
Senior Community YN
NO
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Location
County
Salt Lake
Elementary School
Granite
Middle School
Wasatch
High School
Olympus
Listing Courtesy of Evan Clark , Marcus & Millichap Real Estate Investment Services of Atlanta, INC
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President / Real Estate Advisor
Damon Luke
Call Damon today to schedule a private showing.
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