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Emily Hayes

CEO Emily Hayes Homes | Emily Hayes Homes | Keller Williams | PLACE

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1326 S 500 E , Salt Lake City, UT 84105
$12,990,000
Est. Payment: $28,866.67/mo
32 Bed
31 Bath
33169 Sqft
Status: Active | Days on site: 53
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52188 - 51528,83189
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House Description

Prime 34-Unit Multi-family building just a half-block from Liberty Park. Positioned just a half-block from Salt Lake City's iconic Liberty Park, this turnkey 32-unit multifamily building with two ground-floor commercial units represents a rare trophy asset in a historically low-vacancy submarket. Designed to command top-of-market rents and maximize investor NOI, the property features a premium amenity package that ensures high tenant retention. Residents enjoy a secure, heated underground parking garage-a massive competitive advantage during Utah winters-with full elevator access to all levels. The building boasts a private, expansive second-floor courtyard offering a quiet urban oasis, alongside a state-of-the-art secure entry system for ultimate peace of mind. The two high-visibility commercial spaces capitalizes on vibrant neighborhood foot traffic, offering a diversified, robust revenue stream. Combining an unbeatable A+ location with institutional-grade features-including the heated garage, elevator access, and premium security-this generational asset is a standout addition to any sophisticated portfolio. Turnkey investment. Financial package and pro-forma available upon request

Highlights

Listed by J. Scott Colemere , 801-403-8565 and Bryan Colemere , 801-699-4266 Colemere Realty Associates LLC , 801-272-8192.

Property Type

Multi-Family

Lot/Acreage
0.36

Year Built

2025

County

Salt Lake

Area

Salt Lake City; So. Salt Lake

Neighborhood

Parkview

School District

Salt Lake

Listing ID

2163852

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:32
  • Bathrooms:31
  • Full Bathrooms:
Floor:Tile
Other:
  • Alarm:Fire, Security
  • Dishwasher:Built-In
  • Additional:Disposal
Water:Culinary

Exterior Features

Lot:Corner Lot,Curb & Gutter,Road: Paved,Sidewalks,Sprinkler: Auto-Full,View: Mountain,Drip Irrigation: Auto-Full
Lot Dimensions:0.0x0.0x0.0
Garage Capacity:35
Zoning:CN
Roof:Flat,Membrane
Others:
  • Patio:Covered
  • Additional:Basement Entrance, Double Pane Windows, Secured Building, Secured Parking, Sliding Glass Doors, Blt./Standing
Sewer:Sewer: Connected,Sewer: Public
Parking Features:Covered,Secured
Principal Interest
$28,867
Taxes
$2,269

Home Price

$12,990,000

Loan Details

30 yrs
%

Down Payment

20%
$2,598,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$28,866.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $28,866.67 $2,268.50 $0.00 $31,135.17
Yearly $346,400.00 $27,222.00 $0.00 $373,622.00
Total $10,392,000.00 $816,660.00 $0.00 $11,208,660.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Salt Lake City, UT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.