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Stanton - Yale Apartments 144 E 2nd Ave 21 Unit Apartment Building $4,795,000 ($228,333/Unit) Salt Lake City, UT 84103
EXECUTIVE SUMMARY
Welcome to Stanton-Yale Apartments, a rare multi-family offering in one of Utah's most historic and sought-after neighborhoods-the Avenues of Salt Lake City. This stunning 21-unit brick property, originally built in 1923, showcases timeless architectural charm while featuring modern upgrades. Each unit has been renovated and features new countertops, cabinets, and contemporary finishes while preserving the original hardwood flooring and penny tile bathrooms. Buyer advised to obtain independent measurements. Parcel 09-31-379-010 also included in sale (building address 144 E 2nd Ave. .62 Acres
PROPERTY FACTS
| Price | $4,795,000 | Building Class | C |
| Price Per Unit | $228,333 | Lot Size | 0.64 AC |
| Sale Type | Investment | Building Size | 14,850 SF |
| No. Units | 21 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1923 |
| Property Subtype | Apartment | Parking Ratio | 3.97/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RMF-75 - Multi-Family Residential | ||
| Price | $4,795,000 |
| Price Per Unit | $228,333 |
| Sale Type | Investment |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.64 AC |
| Building Size | 14,850 SF |
| No. Stories | 3 |
| Year Built | 1923 |
| Parking Ratio | 3.97/1,000 SF |
| Zoning | RMF-75 - Multi-Family Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 5 | $1,365 | 650 - 800 |
| 1+1 | 15 | $1,198 | 600 - 800 |
| 3+1 | 1 | $1,770 | 1,000 |
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Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (83)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $631,400 | |
| Land Assessment | $4,215,400 | Total Assessment | $4,846,800 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$4,215,400
Improvements Assessment
$631,400
Total Assessment
$4,846,800
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Stanton - Yale Apartments | 144 E 2nd Ave
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