423 E 1st Ave Salt Lake City, UT 84103
The Avenues NeighborhoodEstimated payment $3,748/month
Highlights
- Very Popular Property
- Victorian Architecture
- Covered Patio or Porch
- Wasatch Elementary School Rated A-
- No HOA
- South Facing Home
About This Home
Investment opportunity in Salt Lake City's highly desirable Avenues neighborhood. Located just minutes from Downtown Salt Lake City, the University of Utah, major hospitals, restaurants, and outdoor recreation, this five-unit property offers a rare chance to own multifamily real estate in a prime location. The property consists of five one-bedroom, one-bathroom units on a large lot with significant upside potential. While the building needs renovation, it presents an excellent opportunity for an investor looking to improve the property, increase rents, and add value over time. The Avenues continues to see strong rental demand thanks to its walkability, historic character, and close proximity to downtown and the University of Utah. The oversized lot may also offer future opportunities, subject to buyer verification. Whether you're looking for a value-add project, long-term investment, or redevelopment opportunity, this property offers a chance to invest in one of Salt Lake City's most established neighborhoods.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,467
Year Built
- Built in 1904
Lot Details
- 6,970 Sq Ft Lot
- South Facing Home
- Zoning described as RMF-35
Home Design
- Victorian Architecture
- Brick Exterior Construction
- Asphalt Roof
- Cement Siding
Interior Spaces
- 3,195 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- 5 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
Outdoor Features
- Covered Patio or Porch
Schools
- Wasatch Elementary School
- Bryant Middle School
- West High School
Utilities
- No Cooling
- No Heating
Community Details
- No Home Owners Association
- Avenues Subdivision
Listing and Financial Details
- Assessor Parcel Number 09-30-480-014
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,468 | $879,100 | $396,500 | $482,600 |
| 2024 | $4,738 | $904,100 | $638,300 | $265,800 |
| 2023 | $4,738 | $716,100 | $536,500 | $179,600 |
| 2022 | $3,733 | $644,200 | $340,800 | $303,400 |
| 2021 | $3,430 | $535,800 | $248,800 | $287,000 |
| 2020 | $3,636 | $540,700 | $239,900 | $300,800 |
| 2019 | $3,958 | $553,700 | $195,500 | $358,200 |
| 2018 | $3,506 | $477,700 | $186,600 | $291,100 |
| 2017 | $3,512 | $448,300 | $177,700 | $270,600 |
| 2016 | $3,217 | $389,900 | $136,000 | $253,900 |
| 2015 | $3,043 | $349,600 | $113,700 | $235,900 |
| 2014 | $2,682 | $305,600 | $113,700 | $191,900 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/26/2026 06/26/26 | For Sale | $625,000 | -- | $196 / Sq Ft |
Source: UtahRealEstate.com
MLS Number: 2168097
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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Licensor is only providing the MLS Content and not other sources of data provided in the Product.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc.. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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