141 E 1ST AVE

Salt Lake City, UT 84103

About This Property

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.

Property Details

MLS #

2136339

Property Type

Residential

Sub Type

> 4 Units

County

Salt Lake

Year Built

1930

Living Area

30,838 sqft

Lot Size

0.3800 acres

Bedrooms

30

Garage Spaces

0.00

HOA

$0/mo

Tax Amount

$30,739/yr