146 E 2ND AVE photo 1
1 / 12
> 4 Units
$130,000 reduction
Active
195Days on Market

$4,345,000

$293/sqft+2.2%/yrHome values in the 84103 zip code have grown an average of 2.2% per year over the last 5 years.

$4,475,000↓$130,000 (3%)Apr 7

Mountain View

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About This Property

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Stanton-Yale Apartments, a rare dual building multi-family offering in one of Utah's most historic and sought-after neighborhoods. This stunning 21-unit brick property showcases timeless architectural charm, while also 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. Operational upside remains through improved management, stabilization of occupancy, and system upgrades. Large lot size, strong rental location, and parking make this a compelling value-add opportunity. Buyer advised to obtain independent measurements. Parcel 09-31-379-010 also included in sale. Owner/Agent.

Property Features

Heating

Gas: Central,Wall Furnace

Flooring

Carpet,Hardwood,Tile

Parking

Parking: Uncovered

Unit Breakdown

Type 1

2 bed · 1 bath · Square Feet: 800

$1,435/mo

Type 2

1 bed · 1 bath · Square Feet: 600

$1,195/mo

Type 3

2 bed · 1 bath · Square Feet: 800

$1,195/mo

Type 4

3 bed · 1 bath · Square Feet: 1000

$1,770/mo

Type 5

1 bed · 1 bath · Square Feet: 600

$1,225/mo

Type 6

1 bed · 1 bath · Square Feet: 650

$1,225/mo

Type 7

1 bed · 1 bath · Square Feet: 650

$1,300/mo

Type 8

1 bed · 1 bath · Square Feet: 650

$1,195/mo

Type 9

1 bed · 1 bath · Square Feet: 700

$1,225/mo

Type 10

1 bed · 1 bath · Square Feet: 650

$1,195/mo

Type 11

1 bed · 1 bath · Square Feet: 700

$1,315/mo

Type 12

1 bed · 1 bath · Square Feet: 600

$1,220/mo

Type 13

1 bed · 1 bath · Square Feet: 700

$1,215/mo

Type 14

1 bed · 1 bath · Square Feet: 700

$1,220/mo

Type 15

1 bed · 1 bath · Square Feet: 800

$1,125/mo

Type 16

2 bed · 1 bath · Square Feet: 700

$1,200/mo

Type 17

2 bed · 1 bath · Square Feet: 650

$1,200/mo

Type 18

1 bed · 1 bath · Square Feet: 700

$1,150/mo

Type 19

1 bed · 1 bath · Square Feet: 800

$1,100/mo

Type 20

2 bed · 1 bath · Square Feet: 800

$1,150/mo

Total Actual Rent(20 units)

$24,855/mo

Location

Estimated Monthly Payment

$24,905/mo

Down Payment$869,000 (20%)
Principal & Interest$22,037
Property Tax$2,053/mo
Insurance (est.)$815/mo
Est. Total$24,905/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

Generic estimate. Create an account to enter your down payment, rate, and cash on hand for a number tailored to you.

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MLS# 2136942• Tax ID: 09-31-379-011

Courtesy of Cory Waddoups, Investment Realty Advisors LLC · 801-609-8342 · cory@iraut.com

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.

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Estimated Monthly Payment

$24,905/mo

Down Payment$869,000 (20%)
Principal & Interest$22,037
Property Tax$2,053/mo
Insurance (est.)$815/mo
Est. Total$24,905/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

Generic estimate. Create an account to enter your down payment, rate, and cash on hand for a number tailored to you.

Create account & personalize

MLS# 2136942• Tax ID: 09-31-379-011

Courtesy of Cory Waddoups, Investment Realty Advisors LLC · 801-609-8342 · cory@iraut.com

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.

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