$6,550,000
141 E 1ST AVE, Salt Lake City, UT
30 bd · 32 ba · 30,838 sq ft · 0.38 acres · Built 1930 · Residential
Status: Active
Located in the heart of downtown Salt Lake City's Avenues neighborhood, Castle Heights Apartments is one of the cities most iconic multifamily buildings. 32-units just steps from Temple Square, City Creek, dining, employment, and public transit. The property includes 27 one-bedroom units, 4 studios, and 1 two-bedroom. Some interior cosmetic upgrades were completed in 2021, including new cabinets, countertops, and stainless steel appliance, but more work remains. Offered at UNDER $210,000 per unit, this is a compelling value-add opportunity in a premier, walkable downtown location with strong long-term upside.
Listing courtesy of Investment Realty Advisors LLC, Cory Waddoups, 435-485-7070.
Presented by Real Broker, LLC.
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