947 W Euclid Ave, Salt Lake City, UT 84106
Local realty services provided by:ERA Brokers Consolidated
947 W Euclid Ave,Salt Lake City, UT 84106
$1,450,000
- 0.25 Acres
- Lots / Land
- Active
Listed by: shad selmos
Office: kw utah realtors keller williams (brickyard)
MLS#:2172912
Source:SL
Price summary
- Price:$1,450,000
About this home
An increasingly rare opportunity to acquire a fully entitled multifamily development site in one of Salt Lake City's fastest-transforming urban neighborhoods. 947 Euclid Avenue offers a shovel-ready development opportunity for a 40-unit apartment project with completed architectural plans, engineering, studies, and entitlement work included in the sale. The project was previously approved and is positioned for a developer to reactivate permits and move directly toward construction, dramatically reducing entitlement risk, carrying costs, and time to market. Located within an Opportunity Zone and just minutes from Downtown Salt Lake City, the site sits at the center of unprecedented public and private investment. The property benefits from immediate access to I-15, I-80, TRAX, downtown employment centers, and the rapidly emerging west-side redevelopment corridor. Adding to the long-term investment story, the site is positioned near the newly announced Power District redevelopment and the sports and entertainment district being spearheaded by Ryan Smith and Smith Entertainment Group. These transformative projects are expected to reshape the western edge of downtown Salt Lake City and further accelerate housing demand throughout the surrounding neighborhoods. The approved project consists of a modern six-story apartment building featuring 40 residential units with a thoughtfully designed mix of one- and two-bedroom floorplans. Contemporary architecture, efficient unit layouts, and urban connectivity create an attractive product for today's renter demographic. For developers seeking a project with substantially reduced entitlement risk, completed pre-development work, and immediate proximity to one of Utah's most significant redevelopment initiatives, 947 Euclid represents a compelling opportunity to deliver new multifamily housing in a supply-constrained market....
Contact an agent
Home facts
- Subdivision & Development:ARCHER & KUL
- Listing ID #:2172912
- Added:49 day(s) ago
- Updated:September 06, 2026 at 11:44 AM
Structure and exterior
- Lot area:0.25 Acres
Schools
- High school:None/Other
- Middle school:None/Other
- Elementary school:None/Other
Finances and disclosures
- Price:$1,450,000
- Tax amount:$12,000
New listings near 947 W Euclid Ave
- New
$530,000Active5 beds 3 baths2,175 sq. ft.1153 N Garnette St, Salt Lake City, UT 84116
MLS# 2182239Listed by: MAJESTIC REALTY & DEVELOPMENT LLC - New
$1,650,000Active4 beds 5 baths3,006 sq. ft.153 S 1300 E #2, Salt Lake City, UT 84102
MLS# 2183660Listed by: REAL BROKER, LLC
$6,437,564Active4 beds 6 baths9,554 sq. ft.3983 E Canyon Estates Dr S #31, Salt Lake City, UT 84121
MLS# 2154051Listed by: REAL BROKER, LLC- New
$730,000Active1 beds 1 baths904 sq. ft.55 W South Temple S #503, Salt Lake City, UT 84101
MLS# 2183590Listed by: UTAH REAL ESTATE PC - Open Mon, 12 to 3pmNew
$990,000Active5 beds 2 baths2,416 sq. ft.2274 E 900 S, Salt Lake City, UT 84108
MLS# 2183484Listed by: SUMMIT SOTHEBY'S INTERNATIONAL REALTY - New
$485,000Active5 beds 2 baths1,536 sq. ft.846 N Nocturne Dr W, Salt Lake City, UT 84116
MLS# 2183461Listed by: EQUITY REAL ESTATE (WEST) - New
$695,000Active5 beds 2 baths1,832 sq. ft.1944 E 1700 S, Salt Lake City, UT 84106
MLS# 2182279Listed by: REDFIN CORPORATION - New
$745,000Active4 beds 2 baths1,640 sq. ft.2255 S King St, Salt Lake City, UT 84106
MLS# 2182673Listed by: REDFIN CORPORATION - New
$599,900Active3 beds 2 baths1,705 sq. ft.911 E Malvern Ave, Salt Lake City, UT 84106
MLS# 2183339Listed by: COLDWELL BANKER REALTY (SALT LAKE-SUGAR HOUSE) - New
$325,000Active2 beds 2 baths1,073 sq. ft.5785 Waterbury Cir #A, Salt Lake City, UT 84121
MLS# 2183349Listed by: LRG COLLECTIVE