Property Attributes
- MLS#2148322
- TypeMulti-Family
- Listing Status Active
- CountySALT LAKE
- CitySalt Lake City
- AreaSalt Lake City - Avenues Area
- NeighborhoodSULA APARTMENTS
- Zip84103
- StyleStories: 2
- Year Built1906
- Taxes$ 7197
- Price$ 1,949,999
- Bedrooms12
- Full Bathrooms7
- Half Bathrooms0
- Sqr Footage6620
- Lot Size0.11 Acres
Data Source:
Wasatch Front Regional MLS (WFRMLS)
Property Description
Introducing The SULA, a rare opportunity to own a 7-unit multifamily property in the highly sought-after Avenues neighborhood, just moments from the University of Utah, City Creek Canyon and within walking distance to downtown Salt Lake City. Rich in character, this historic gem showcases timeless architecture that stands out in one of the city's most vibrant urban settings. Tenants are consistently drawn to the property's blend of classic charm and thoughtful modern updates. These units feature unique touches such as hardwood floors, original fireplaces, exposed brick accents, and high ceilings that create an open, inviting atmosphere. Select units offer private balconies. Updated kitchens and bathrooms provide contemporary comfort and functionality. The property is fully leased with quality tenants in place, offering immediate income stability. Amenities include fire escapes where required, in-unit washer and dryers in three units, and dishwashers in five units-enhancing tenant convenience and appeal. A distinctive investment property that seamlessly combines historic elegance with modern livability-The SULA is as stylish as it is smart. Cap Rate of 5.7%
| Elementary School | Middle School | High School |
|---|---|---|
| Wasatch Elementary School | Bryant Middle School | West High School |
| Price History | |
|---|---|
| 4/6/2026 | Listed $2,050,000 |
| 5/8/2026 | 3$1,999,999 |
| 5/19/2026 | 26$1,499,999 |
General Features
| Living Area | 6620.0 |
|---|---|
| Sewer | Sewer: Connected,Sewer: Public |
| Heating | Forced Air,Gas: Central |
| Utilities | Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected |
| Roof | Flat |
| Zoning | Multi-Family |
| Patio/Porch Features | Covered |
| Architectural Style | Stories: 2 |
| Construction Materials | Brick |
| Year Built | 1906 |
| Topography | Road: Paved,Sidewalks |
| Property Subtype | > 4 Units |
| Current Use | Residential |
| County | Salt Lake |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | SULA APARTMENTS |
| Facing Direction | West |
| Garage Y/N | No |
| Status | Active |
| High School | West |
| City | Salt Lake City |
| Senior Community Y/N | No |
| High School District | Salt Lake |
| Number Of Units Total | 7 |
| MLS Area | Salt Lake City: Avenues Area |
| Lot Size Units | Acres |
| Lot Size Square Feet | 4791.6 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional |
| Elementary School | Wasatch |
| Property Attached Y/N | No |
| Tax Annual Amount | 7197.0 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Bryant |
| 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
| Interior Amenities | Alarm: Fire,Disposal,Gas Log,Kitchen: Updated,Oven: Gas,Dishwasher: Built-In |
|---|---|
| Flooring | Carpet,Hardwood,Tile |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Window Features | Blinds,Part |
| Fireplace Y/N | No |
| Laundry Features | Gas Dryer Hookup |
| Total Bedrooms | 12 |
| Total Baths | 7 |
Exterior Features
| Exterior Amenities | Balcony,Basement Entrance,Bay Box Windows,Entry (Foyer),Lighting,Patio: Covered |
|---|---|
| Vegetation | Landscaping: Full |
| Lot Features | Road: Paved,Sidewalks |
| Water Source | Culinary |
| Inclusions | Ceiling Fan,Dryer,Gas Grill/BBQ,Gazebo,Microwave,Range,Refrigerator,Washer |
| Lot Size Area | 0.11 |
| Spa | No |
| Building Area Total | 6620.0 |
| Lot Dimensions | 0.0x0.0x0.0 |
| Lot Size Acres | 0.11 |
| Frontage Length | 0.0 |
| Private Pool | No |
| Waterfront Y/N | No |
| RV Parking Dimensions | 0.00 |
| Other Equipment | Gazebo |
| 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
Wasatch Front Regional MLS - Salt Lake Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties