For sale · Salt Lake City

$6,550,000

141 E 1ST AVE, Salt Lake City, UT

30 bedrooms32 bathrooms30,838 square feet

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30bedrooms
32bathrooms
30,838square feet
0.38acre lot
1930year built

The story

About this home.

About this home

Located in the heart of downtown Salt Lake City's Avenues neighborhood, Castle Heights Apartments is one of the cities most iconic multifamily buildings. 32-units just steps from Temple Square, City Creek, dining, employment, and public transit. The property includes 27 one-bedroom units, 4 studios, and 1 two-bedroom. Some interior cosmetic upgrades were completed in 2021, including new cabinets, countertops, and stainless steel appliance, but more work remains. Offered at UNDER $210,000 per unit, this is a compelling value-add opportunity in a premier, walkable downtown location with strong long-term upside.

Home facts

Status
Active
Type
Residential
Built
1930
Lot
0.38 acres
Living area
30,838 sq ft
ZIP code
84103

Listing courtesy of Investment Realty Advisors LLC, Cory Waddoups, 435-485-7070.

Presented by Real Broker, LLC.

Based on information from UtahRealEstate.com as of 2026-11-08. 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.

IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

What it costs a month.

Your estimated payment

$35,498/mo

  • Principal and interest $35,498

Rate starts at Freddie Mac's weekly 30-year average (2026-11-05) · $5,240,000 · An estimate only, not a loan offer. Property taxes and insurance are extra; a lender gives you real figures.

Based on information from UtahRealEstate.com as of 2026-11-08. 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.

IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

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Darian Olson
Darian OlsonTransaction Coordinator and Office Manager
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165 S Regent St, Salt Lake City, UT 84111