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About This Home
This 30-bedroom, 32-bathroom residential multi family at 141 E 1ST Ave in Salt Lake City, UT is listed for $6,700,000 ($217 per sqft). Built in 1930, the home offers 30,838 sqft of living space on a 0.38 acres lot.
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.
Key Features
- Built in 1930
- 0.38 acre lot
Property Details
Amenities
Monthly Cost Estimate
$35,833/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
141 E 1ST Ave
Salt Lake City, UT 84103
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Questions & Answers
This 30-bedroom, 32-bathroom residential multi family at 141 E 1ST Ave is listed at $6,700,000 ($217/sqft). The estimated monthly payment is $29,033 based on 20% down at 6.5% interest.
Key features include: Built in 1930, 0.38 acre lot. Exterior Features: Entry (Foyer).
This property is listed by Cory Waddoups and can be reached at 8016098342 or cory@iraut.com.