11 Beds
16 Baths
10,150 SqFt
11 Beds
16 Baths
10,150 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 10,150 sqft
Price per Sqft $394
Subdivision Wasatch Front Ar 58
MLS Listing ID 12603547
Bedrooms 11
Full Baths 16
Year Built 1937
Annual Tax Amount $14,273
Tax Year 2024
Lot Size 10,019 Sqft
Acres 0.23
Lot Dimensions 0.23
Property Sub-Type Single Family Residence
Source Park City Board of REALTORS®
Property Description
Built in 1937, the property retains the timeless charm of Salt Lake's classic walk-up apartment stock, while benefiting from significant recent capital improvements: a new roof, refurbished exterior siding, and plumbing and electrical upgrades completed in 2024. Seven of the sixteen units have also been individually updated, offering a strong mix of renovated and classic units to support a flexible leasing and value-add strategy.
The unit mix - 8 studios, 5 one-bedrooms, and 3 two-bedrooms - appeals to a broad renter pool, from students and young professionals to downtown commuters. With current rents sitting meaningfully below market across the studio and one-bedroom units, this property offers a clear, executable path to increased NOI through strategic lease-up and renewal pricing, without requiring major capital investment beyond what's already been completed.
Whether you're targeting a value-add reposition or a stabilized hold with embedded upside, 905 East 200 South presents a compelling opportunity in one of Salt Lake City's most in-demand rental corridors.
Location
State UT
County Salt Lake
Community Wasatch Front Ar 58
Area 58 - Wasatch Front (Ogden, Salt Lake City)
Interior
Heating Steam
Cooling None
Exterior
Parking Features Detached
Garage Spaces 5.0
Utilities Available Cable Available, Electricity Connected
View Y/N No
Roof Type Shingle
Total Parking Spaces 5
Garage No
Building
Lot Description Corner Lot, On Bus Route
Foundation Concrete Perimeter
Water Public
New Construction No
Schools
School District Other
Others
Tax ID 16-05-133-012
Virtual Tour https://tours.vuere.com/mls/255585581
Nearby Locations