Residential

423 1ST AVE, Salt Lake City

$649,000.00

Bedroom 4 bedrooms

  • MLS #: 2091440
  • Address: 423 1ST AVE, Salt Lake City, UT 84103
  • Date Listed: 5/1/2025
  • Days on Market: 394
  • SQFT: 3472
  • Acres: 0.16
  • Subdivision: AVENUES

Location Location

Agent Comments Agent Comments
INVESTOR SPECIAL! Rare fixer-upper 4-plex in the coveted Avenues, located at 423 E 1st Avenue, Salt Lake City. This occupied property is being sold as-is, with the seller making no repairs-cash, hard money, or renovation loan preferred. Offering incredible upside, this classic multi-unit features (4) 1-bedroom apartments, each with its own entrance, plus rare off-street parking for 4+ cars. UNIT#4 IS NOT HABITABLE REQUIRES A TOTAL OVERHAUL. Just minutes from downtown, the University of Utah, City Creek, shops, and restaurants, this prime location ensures long-term demand. Whether you renovate and hold for strong rental income, flip for quick profit, or reposition into high-end rentals, the potential is undeniable. Don't miss this opportunity to transform a true Avenues gem into a high-performing investment! DO NOT DISTURB TENANTS . ALL OFFFERS MUST BE MADE SUBJECT TO INSPECTION.

Exterior Features Exterior Features
  • Pool: false

Additional Features Additional Features
  • County: Salt Lake
  • Property Type: Quadruplex
  • Tax Number: 09-31-480-014
  • Water/Sewer: Sewer: Connected, Sewer: Public
  • Stories: 0
  • Year Built: 1904