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$2,500,000
10 Beds 12 Baths 2170161 MLS
This unique 1.44 acre property was originally built and used as a residential treatment facility. There are 2 large homes (4510 sq/ft each) plus 2 extra large storage buildings that have basements! Two combined homes have recently been updated into 6 rentable multi-family units, yet still have preserved main living area's mid-century modern feel, as this was designed by world famous architect Ron Molen! There is so much opportunity here with Olympic Size Possibilities! The property could continue as an income producing multi-family investment, or revert back to being used as a residential treatment facility non-profit. Or possible rezoning for a developer's dream of a Mixed Use Development and/or housing for athletes training at the Kearns Ice Oval located next door! Kearns Council has been open to discussing ideas of mixed use/commercial development projects to align with the city's goals of improvements and visions with the upcoming 2034 Utah Winter Olympics and the close proximity of the Ice Oval & South Valley Regional Airport. The timing for this opportunity could not be better! Don't let it slip away!

5934 S Cougar Ln W, Kearns

$1,200,000
8 Beds 4 Baths 2163077 MLS
Situated in the heart of Millcreek, 3592 & 3598 S 2175 E offers a stabilized, income-producing duplex in one of Salt Lake County's most consistently sought-after rental submarkets. The property consists of two 4 bed / 2 bath units, catering to a broad and reliable tenant base. Renovated in 2018, the asset features updated plumbing, electrical, roof, and interior finishes, helping minimize near-term capital expenditures while supporting stable occupancy. A standout feature is the on-site shop, providing flexibility for storage, workspace, or potential ancillary income. Additionally, the property is equipped with solar panels that generate income, offering an extra revenue stream while enhancing energy efficiency and long-term sustainability, with potential to increase solar-related charges and further boost revenue. Millcreek continues to attract strong investor interest due to its central location, established residential character, and proximity to both employment centers and outdoor recreation. With limited new supply and sustained rental demand, the area has demonstrated consistent performance and long-term growth potential, making it a proven and resilient submarket within the Salt Lake Valley.

3592 S 2175 E, Millcreek

$565,000
4 Beds 2 Baths 2157758 MLS
*The Seller is offering a credit to add brand-new sod to the entire yard!* This fully occupied non-conforming duplex with a mother-in-law apartment offers strong rental potential and flexible living options. The property is currently rented month-to-month for $2,550, providing immediate income while still allowing a buyer the option to occupy the home if desired. Previously, the home was rented separately for $1,650 upstairs and $1,350 downstairs, generating $3,000 per month in total rental income, making it an attractive opportunity for investors or house hackers. Both units feature updated kitchens, giving the property a clean, modern feel for tenants or owner-occupants. Major updates include a newer roof and air conditioning system replaced just a few years ago, helping reduce near-term maintenance costs. Conveniently located with easy access to the freeway, TRAX, schools, shopping, and everyday amenities, this property offers both strong rental appeal and practical convenience. Whether you're looking for a cash-flowing investment property, a home where you can live in one unit and rent the other, or just a home with two full kitchens, this property provides flexibility and long-term potential. *The Seller is offering a credit to add brand-new sod to the entire yard.* Some photos have been enhanced using ai to show what the yard would look like with new sod and updated decor.

7879 S Oak St, Midvale

$775,000
4 Beds 4 Baths 2153289 MLS
This well-maintained fourplex at 385397 E Welby Ave offers a strong investment opportunity with four 1-bedroom, 1-bath units. Two units have been fully renovated with modern upgrades including new cabinets, countertops, flooring, fixtures, and updated bathrooms, while a third unit has been lightly renovated and remains in excellent condition. Each unit features central air, updated windows, washer/dryer hookups, and newer appliances, providing comfort and convenience for tenants. Situated in a desirable location, this property combines solid rental appeal with recent improvements, making it an attractive addition to any portfolio or a great first time 4-plex. Please call with any questions. Jacob Nielson (435) 851-0951.

395 E Welby Ave, South Salt Lake

$2,100,000
12 Beds 6 Baths 2149437 MLS
This rare multi-family offering consists of three standalone duplexes creating six individual residential units, ideally located on Capitol Hill bordering downtown, the State Capitol, and the Avenues in one of Salt Lake City's most desirable and enduring neighborhoods. Positioned just above North Temple, the property provides exceptional accessibility to the University of Utah, the vibrant urban corridor, the airport, and the surrounding canyons, while maintaining a sense of privacy set back from the city center. The unique configuration creates a residential environment where each unit lives more like an individual home, with private entryways framed by distinctive turret-style architectural elements. Rich in character, the residences feature original hardwood floors, fireplaces, curved doorways, and colorful vintage tile, elements that have contributed to long-term tenant retention and a strong sense of place. The unit mix includes two one-bedroom, two two-bedroom, and two three-bedroom residences, each with one bathroom and thoughtful layouts. Several units offer additional flexibility with den or dining spaces, along with private balconies capturing views of downtown and the surrounding mountain ranges. A central courtyard provides a shared outdoor gathering space, complemented by covered parking for each unit, shared laundry, and additional storage. While currently capturing below market rents, this property attracts consistent loyalty with many tenants in place for extended periods, some for over two decades, a firm reflection of both the appeal of the property and the stability it offers. While the property has been maintained over time, it presents a clear opportunity for a future owner to thoughtfully update and reposition the asset, aligning rents more closely with current market levels while preserving its architectural integrity. A compelling opportunity to acquire a legacy property with strong fundamentals, irreplaceable character, and meaningful long-term upside in one of Salt Lake City's most sought-after locations.

55 E 200 N, Salt Lake City

$865,000
3 Beds 4 Baths 2149423 MLS
This sixplex multi-family property is located in Salt Lake's highly desirable Avenues neighborhood, positioned on a prominent corner lot with convenient access to downtown, the University of Utah, area parks, dining, and the region's extensive trail systems. The property is currently configured as six different conforming units within a single structure, consisting primarily of studio and one-bedroom layouts. The asset offers immediate income with continued demand driven by its exceptional location. The structure itself is in original condition and will require significant updating, presenting a clear opportunity for a future owner to renovate, reposition, or evaluate alternative long-term strategies for the site. Buyers are encouraged to conduct their own due diligence regarding potential improvements, redevelopment considerations, and any requirements associated with the property's historic designation. Additional features include open off-street parking at the rear of the property, ample surrounding street parking, mature landscaping, and shared laundry and storage areas. This is a rare opportunity to acquire a well-located parcel in one of the City's most consistently sought-after neighborhoods, offering both in-place income and the potential to reimagine the property over time.

135 B St, Salt Lake City

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