1175 S 300 E, Salt Lake City, UT 84111
Local realty services provided by:ERA Brokers Consolidated
1175 S 300 E,Salt Lake City, UT 84111
$850,000
- 4 Beds
- 5 Baths
- 2,900 sq. ft.
- Multi-family
- Active
Listed by: connie s elliott
Office: windermere real estate (draper)
MLS#:2146633
Source:SL
Price summary
- Price:$850,000
- Price per sq. ft.:$293.1
About this home
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%...
Contact an agent
Home facts
- Year built:1902
- Listing ID #:2146633
- Added:136 day(s) ago
- Updated:August 12, 2026 at 11:16 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:5
- Flooring:Carpet, Linoleum, Tile
- Kitchen Description:Disposal, Range/Oven: Free Stdng.
- Living area:2,900 sq. ft.
Heating and cooling
- Heating:Electric, Gas: Central, Gas: Stove
Structure and exterior
- Roof:Asphalt
- Year built:1902
- Building area:2,900 sq. ft.
- Lot area:0.21 Acres
- Lot Features:Curb & Gutter, Fenced: Partial, Flat, Road: Paved, Sidewalks, Sprinkler: Auto-Partial
- Architectural Style:Five-Plex
- Construction Materials:Brick, Cedar, Stone, Stucco
- Exterior Features:Entry (Foyer), Lighting, Porch: Open
Schools
- High school:Highland
- Middle school:Clayton
- Elementary school:Liberty
Utilities
- Water:Culinary, Water Connected
- Sewer:Sewer Connected, Sewer: Connected, Sewer: Public
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$293.1
- Tax amount:$4,165
Features and amenities
- Laundry features:Electric Dryer Hookups
Parking
- Total parking spaces:5
- Parking description:Parking: Uncovered
New listings near 1175 S 300 E
- New
$315,000Active3 beds 2 baths1,232 sq. ft.3855 Canyon River Way, Salt Lake City, UT 84119
MLS# 2178427Listed by: COLDWELL BANKER REALTY (UNION HEIGHTS) - New
$268,500Active2 beds 1 baths747 sq. ft.650 N 300 W #205, Salt Lake City, UT 84103
MLS# 2178428Listed by: EQUITY REAL ESTATE (ADVANTAGE) - New
$2,700,000Active0.28 Acres12026 E Giles Ln #7, Salt Lake City, UT 84121
MLS# 2178396Listed by: LOCUS, A REAL ESTATE COMPANY - New
$649,900Active2 beds 2 baths1,200 sq. ft.935 S Washington St, Salt Lake City, UT 84101
MLS# 2178410Listed by: COLDWELL BANKER REALTY (SALT LAKE-SUGAR HOUSE) - Open Sat, 11am to 2pmNew
$350,000Active2 beds 2 baths912 sq. ft.29 S State St E #414, Salt Lake City, UT 84111
MLS# 2178026Listed by: OMADA REAL ESTATE - Open Sun, 11am to 2pmNew
$520,000Active3 beds 2 baths2,352 sq. ft.3478 S 335 E, Salt Lake City, UT 84115
MLS# 2178362Listed by: IN DEPTH REALTY - New
$369,900Active4 beds 2 baths1,499 sq. ft.4934 S 1470 W, Salt Lake City, UT 84123
MLS# 2178334Listed by: ARIVE REALTY - New
$339,000Active2 beds 1 baths536 sq. ft.336 W 300 S #306, Salt Lake City, UT 84101
MLS# 2178337Listed by: BERKSHIRE HATHAWAY HOMESERVICES UTAH PROPERTIES (SALT LAKE) - Open Fri, 4 to 7pmNew
$1,950,000Active4 beds 4 baths3,411 sq. ft.2144 S Lakeline Dr E, Salt Lake City, UT 84109
MLS# 2178348Listed by: KW SOUTH VALLEY KELLER WILLIAMS - New
$659,900Active2 beds 2 baths1,617 sq. ft.131 W 400 N, Salt Lake City, UT 84103
MLS# 2178316Listed by: COLDWELL BANKER REALTY (SALT LAKE-SUGAR HOUSE)