Listing Photo
Listing Photo
Listing Photo
Listing Photo
Listing Photo
Listing Agent: Jacob Nielson

$1,999,000

245 S 800 E
8Beds
0.0Baths
5175ft2
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Strategically located in the heart of the "East Central" neighborhood, this eight-plex represents a premier opportunity to acquire a turnkey, stabilized asset in one of Salt Lake City's most high-demand rental corridors. This property consist of Eight fully renovated One Bed / One Bath Units. Having undergone a comprehensive remodel in 2021, the property features modern interiors and updated systems. Fully updated interiors, plumbing, electrical, individual central air units, new roof, new water and sewer main line, and a new parking lot drainage system was installed to carry surface water around the building and out to the street, significantly reducing near-term capital expenditure risks for a new owner. Positioned perfectly between the University of Utah and Downtown Salt Lake City, the property caters to a high-quality tenant base of young professionals and students, ensuring consistently high occupancy.

MLS # 2150580

Listing maintained by Newmark Mountain West. Posted on Apr 15, 2026 4:36 pm and last updated on Apr 15, 2026 4:44 pm. All times are in Universal Coordinated Time.

This information is believed to be accurate, but without warranty.

Property Features

  • Style: Stories: 2
  • Year Built: 1960
  • Sewer: Available
  • Construction: Composition, Stucco
  • Flooring: Hardwood
  • Heating: Gas: Central
  • Roof: Composition
  • Parking: Covered