55 E 200 N, Salt Lake City, UT

House

For Sale

Listed price in listed location currency (USD).

$2,650,000

1260

MLS® 2149437

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential

Size 7304 sqft

Garage

Taxes $8,815

Days Active 18

Lot Size

Approx. Age 1936

Avg. Price Per Sqft $362

MLS® Number 2149437

Property Address: 55 E 200 N, Salt Lake City, UT, 84103-2002

Average square foot calculated using Size range provided by listing agent.

Description

This rare six-unit multi-family property is ideally located on Capitol Hill bordering downtown, the state Capitol, and the Avenues in one of Salt Lake City's most desirable and enduring neighborhoods. Positioned just above North Temple, the property provides exceptional accessibility to the University of Utah, the vibrant urban corridor, the airport, and the surrounding canyons, while maintaining a sense of privacy set back from the city center. Comprised of three standalone duplexes, the property creates a unique residential environment where each unit lives more like an individual home, with private entryways framed by distinctive turret-style architectural elements. Rich in character, the residences feature original hardwood floors, fireplaces, curved doorways, and colorful vintage tile, elements that have contributed to long-term tenant retention and a strong sense of place. The unit mix includes two one-bedroom, two two-bedroom, and two three-bedroom residences, each with one bathroom and thoughtful layouts. Several units offer additional flexibility with den or dining spaces, along with private balconies capturing views of downtown and the surrounding mountain ranges. A central courtyard provides a shared outdoor gathering space, complemented by covered parking for each unit, shared laundry, and additional storage. While currently capturing below market rents, this property attracts consistent loyalty with many tenants in place for extended periods, some for over two decades, a firm reflection of both the appeal of the property and the stability it offers. While the property has been maintained over time, it presents a clear opportunity for a future owner to thoughtfully update and reposition the asset, aligning rents more closely with current market levels while preserving its architectural integrity. A compelling opportunity to acquire a legacy property with strong fundamentals, irreplaceable character, and meaningful long-term upside in one of Salt Lake City's most sought-after locations.

MLS® Number2149437

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1936

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 10, 2026List Date

$2,650,000List Price

Commute

Commute

Starting Address

Destination Address

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