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Introducing The SULA, a rare opportunity to own a 7-unit multifamily property in the highly sought-after Avenues neighborhood, just moments from the University of Utah, City Creek Canyon and within walking distance to downtown Salt Lake City. Rich in character, this historic gem showcases timeless architecture that stands out in one of the city's most vibrant urban settings. Tenants are consistently drawn to the property's blend of classic charm and thoughtful modern updates. These units feature unique touches such as hardwood floors, original fireplaces, exposed brick accents, and high ceilings that create an open, inviting atmosphere. Select units offer private bal...conies. Updated kitchens and bathrooms provide contemporary comfort and functionality. The property is fully leased with quality tenants in place, offering immediate income stability. Amenities include fire escapes where required, in-unit washer and dryers in three units, and dishwashers in five units-enhancing tenant convenience and appeal. A distinctive investment property that seamlessly combines historic elegance with modern livability-The SULA is as stylish as it is smart. Cap Rate of 5.7%

UtahRealEstate.com, MLS#: 2148322
Listed By: Utah Home Central, Matthew Sprunt

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Bedrooms

  • Total Bedrooms: 12

Bathrooms

  • Total bathrooms: 7

Architectural Style

  • Stories: 2

Association

  • Association Fee Frequency:

Construction Materials

  • Brick

Exterior Features

  • Balcony
  • Basement Entrance
  • Bay Box Windows
  • Entry (Foyer)
  • Lighting
  • Patio: Covered

Flooring

  • Carpet
  • Hardwood
  • Tile

Heating

  • Forced Air
  • Gas: Central

Interior Features

  • Alarm: Fire
  • Disposal
  • Gas Log
  • Kitchen: Updated
  • Oven: Gas
  • Dishwasher: Built-In

Laundry Features

  • Gas Dryer Hookup

Lot Features

  • Road: Paved
  • Sidewalks

Other Equipment

  • Gazebo

Patio and Porch Features

  • Covered

Property Condition

  • Blt./Standing

Roof

  • Flat

Sewer

  • Sewer: Connected
  • Sewer: Public

Utilities

  • Natural Gas Connected
  • Electricity Connected
  • Sewer Connected
  • Sewer: Public
  • Water Connected

Vegetation

  • Landscaping: Full

WaterSource

  • Culinary

Window Features

  • Blinds
  • Part
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Listed By:
Utah Home Central
Matthew Sprunt

Data Source: UtahRealEstate.com

MLS#: 2148322

Data Source Copyright: © 2026 UtahRealEstate.com All rights reserved.

©2026 UtahRealEstate.com. All rights reserved.

This property was listed on 4/6/2026 and last updated as of 8/3/2026 5:49:37 PM. OSI IDX updated the data from UtahRealEstate.com on 11/6/2026 at 8:32 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

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