UPDATED:
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
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