Salt Lake City Homes with Five-Plex Style

Salt Lake City Homes with Five-Plex Style

Welcome to Salt Lake City, the vibrant capital of Utah nestled in Salt Lake County. This bustling metropolis offers a unique blend of outdoor adventure, cultural attractions, and a thriving real estate market.

If you're looking for a home with a Five-Plex style in Salt Lake City, you're in luck. These properties are a popular choice for investors and homeowners alike. Five-Plex homes offer the perfect balance of space and privacy, making them ideal for those seeking a mix of community living and individual comfort.

Salt Lake City's real estate market is diverse, with options to suit every taste and budget. Whether you're drawn to the historic charm of the avenues or the modern amenities of downtown living, there's a Five-Plex home waiting for you in this dynamic city.

Beyond real estate, Salt Lake City boasts a thriving arts and culture scene, with world-class museums, theaters, and galleries to explore. Outdoor enthusiasts will love the city's proximity to stunning natural wonders, including the Wasatch Mountains and the Great Salt Lake.

Come discover the magic of Salt Lake City and find your perfect Five-Plex home in this vibrant and welcoming community.

Newest Salt Lake City Homes with Five-Plex Style

$850,000
4 Beds 5 Baths 2146633 MLS
Exceptional opportunity in the highly desirable Liberty Wells neighborhood, just minutes from downtown Salt Lake City and Sugar House. This charming 5-plex offers immediate income with significant upside potential. Current rents are below market due to long-term tenants, all on month-to-month leases, providing flexibility for a new owner to reposition and increase returns. The property features a well-maintained main house (built in 1902) with two one-bedroom units and one studio, plus a separate building with two additional one-bedroom apartments. Each unit offers functional layouts with kitchens or kitchenettes and individual heating systems (in main home, shared in back dwelling), appealing to a wide tenant base. Recent capital improvements include a new water line from the street to the home (2025), updated main house plumbing (2025), water heater replacement for the back building (2021), and new refrigerator in Unit #3 (2022)-reducing near-term maintenance concerns. Situated in a walkable location near restaurants, shopping, and entertainment, this property combines historic character with strong rental demand. Ideal for investors seeking a value-add asset with both immediate cash flow and long-term appreciation potential. Off street parking and conveinant on street parking. Buyer and buyer's agent to verify all information, including square footage. Estimated market rents (conservative Liberty Wells / Sugarhouse range): 1-bed units: ~$1,100$1,250 Studio: ~$900$1,000 Projected Stabilized Monthly Income (mid-range): (4 $1,175) + $950 = $5,650/month Projected Annual Income: $67,800 Projected NOI: $67,800 $11,448 = $56,352 Stabilized Cap Rate (at $850,000): 6.63%

1175 S 300 E, Salt Lake City

$1,899,900
10 Beds 5 Baths 2135108 MLS
PREMIUM TURN-KEY MULTIFAMILY INVESTMENT. Thoughtfully restored and extensively improved, this unique fully furnished 5-plex stands apart from typical multifamily offerings by combining historic character with modern systems, quality finishes, and true turn-key operation. Situated in a highly desirable Eastside Downtown Salt Lake City location near the University of Utah, TRAX, and major employment centers, the property benefits from consistent demand among students, working professionals, and long-term residents seeking quality housing in one of Salt Lake City's most convenient locations. Each of the five apartments features two bedrooms, one full bathroom, a comfortable living area, and dining space. All units have been upgraded with remote-controlled mini-split heating and cooling systems, providing individual climate control in every room. Residents enjoy private front porches or decks, a shared rear patio, on-site laundry facilities, and designated parking. Current rents have remained largely unchanged for several years, providing potential future upside while maintaining exceptional occupancy and tenant retention. Extensive improvements and upgrades to the property's interior and infrastructure have significantly reduced future maintenance concerns, creating an attractive ownership experience for investors who prefer managing an asset rather than a renovation project. Combined with a strong occupancy history, this property offers a rare blend of stability, quality, and long-term investment potential. Listing agent is related to Seller.

937 E 300 S, Salt Lake City

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