MLS #2091440 | 423 E 1st Ave, Salt Lake City

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Price Reduced: ↓ $50,000 on October 13th

Quadruplex for Sale

INVESTOR SPECIAL! Rare fixer-upper 4-plex in the coveted Avenues, located at 423 E 1st Avenue, Salt Lake City. This occupied property is being sold as-is, with the seller making no repairs-cash, hard money, or renovation loan preferred. Offering incredible upside, this classic multi-unit features (4) 1-bedroom apartments, each with its own entrance, plus rare off-street parking for 4+ cars. UNIT#4 IS NOT HABITABLE REQUIRES A TOTAL OVERHAUL. Just minutes from downtown, the University of Utah, City Creek, shops, and restaurants, this prime location ensures long-term demand. Whether you renovate and hold for strong rental income, flip for quick profit, or reposition into high-end rentals, the potential is undeniable. Don't miss this opportunity to transform a true Avenues gem into a high-performing investment! DO NOT DISTURB TENANTS . ALL OFFFERS MUST BE MADE SUBJECT TO INSPECTION.

Price Insights

Current price
Price per sq ft
Price per finished sq ft

$649,000
$187 / square foot
$187 / finished sq ft

129 Days on the Market

Status: Available

Schools, Inclusions, & Exclusions

Inclusions are often re-negotiated during contract negotiation.

No items have been listed as excluded.

Salt Lake School District

Elementary: Wasatch
Middle: Bryant
Senior: West

The Numbers

Interior :
Style :
Year built :
Lot acres :
Lot sq ft :

3,472 square feet
Style: 2 Story
1904
.16 acres
6,970 square feet

Home Features & Amenities

Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Public Sewer, Water Connected

Style: 2 Story

Private Showing

For showing appointments, call K Real Estate to view the home at 423 E 1st Ave in Salt Lake City. Give K Real Estate a call at (833) KRE-UTAH.

423 E 1st Ave was listed on Apr 30th, 2025 by Coldwell Banker Realty (Salt Lake-Sugar House), a real estate brokerage. 801-488-5300 is the contact info for the listing brokerage contact assigned for this listing.

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