4345 S HIGHLAND DR photo 1
1 / 14
> 4 Units
Active
104Days on Market

$2,400,000

$339/sqft+3.6%/yrHome values in the 84124 zip code have grown an average of 3.6% per year over the last 5 years.

$2,100,000↑$300,000 (14%)Jun 4

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About This Property

I'm interested

Marcus & Millichap is pleased to present this exclusive listing of a core+ multifamily asset in Salt Lake City's Holliday, one of the region's most resilient rental submarkets. The investment thesis is straightforward: in-place cash flow paired with clearly defined upside through natural tenant turnover and ancillary income strategies. In-place rents reflect a tenured resident base, with an average tenancy of approximately two and a half years, signaling stability while presenting a mark-to-market opportunity as units turn. The asset benefits from strong demographic tailwinds driven by Utah's sustained population growth and a widening mortgage-to-rent affordability gap that continues to push would-be buyers into the rental market. Do not disturb tenants. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement. Contact listing agent for financials or to schedule a tour.

Unit Breakdown

Type 1

0 bath

$0/mo

Total Actual Rent

$0/mo

Location

Estimated Monthly Payment

$13,451/mo

Down Payment$480,000 (20%)
Principal & Interest$12,172
Property Tax$829/mo
Insurance (est.)$450/mo
Est. Total$13,451/mo

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

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MLS# 2151411• Tax ID: 22-04-252-005

Courtesy of Evan Clark, Marcus & Millichap Real Estate Investment Services, INC · evan.clark@marcusmillichap.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

$13,451/mo

Down Payment$480,000 (20%)
Principal & Interest$12,172
Property Tax$829/mo
Insurance (est.)$450/mo
Est. Total$13,451/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# 2151411• Tax ID: 22-04-252-005

Courtesy of Evan Clark, Marcus & Millichap Real Estate Investment Services, INC · evan.clark@marcusmillichap.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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