- Price cut 2%
146 E 2ND AVE, Salt Lake City, UT 84103
$4,395,000
Originally listed at $4,475,000
Est. $26,970/mo
- Beds
- 28
- Baths
- 21
- Sq ft
- 14,850
- Built
- 1923
Why this home stands out
- 138% STR gross rent coverage of monthly ownership cost
About this home
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.
Agents
Connect with your buyer agent
Get local guidance on this home from Juston.
Salt Lake County Realtor | Smart Real Estate. Lasting Legacy.
20 yrs experience
Listed by Cory Waddoups
Investment Realty Advisors LLC
MLS #2136942
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See the deal analysis, value and rental income
Ask Juston how this home rates as a deal, what it should sell for, and what it could earn as a long-term or short-term rental.
- Deal score
- Estimated value
- Rental income
Schools
Salt Lake- Wasatch
Elementary
- Bryant
Middle School
- West
High School
- Salt Lake Arts Academy
K-8 School · 1.4 mi
56% proficient - Emerson School
K-8 School · 2.3 mi
58% proficient - Salt Lake Center for Science Education
High School · 2.9 mi
59% proficient
Nearby
Recreation
73 / 100- Local Park · Brigham Young Historic Park591 ft
- Trailhead · City Creek (BST SLC)1.3 mi
- Golf Course · Roots Disc Golf Course3.2 mi
- State Park · This Is The Place Heritage Park3.8 mi
Show 2 more
- Airport · Salt Lake City Intl Airport5.0 mi
- Ski Resort · Solitude Mountain Resort18 mi
Everyday needs
77 / 100- Restaurant · Taste of Red Iguana1542 ft
- School · Open Classroom1739 ft
- Cafe · Old Cuss1.7 mi
- Fire Station · Salt Lake City Fire Station Number 62.2 mi
Show 8 more
- Hospital · VA Medical Hospital2.8 mi
- EV Charging · ChargePoint Charging Station3.0 mi
- Bank · Zions Bank3.1 mi
- Grocery · Harmons Emigration Market3.1 mi
- Pharmacy · SavOn Pharmacy3.1 mi
- Doctors · Stacey Bank3.2 mi
- Gas Station · 7-Eleven Fuel3.4 mi
- Gym · Wild Yogi4.1 mi
Internet
Excellent · fiber · 100/100Utah Telecommunication Open Infrastructure Agency
Fiber · 10 Gbps
Google Fiber
Fiber · 8 Gbps
SenaWave
Fiber · 2.5 Gbps
All 14 providers
- Utah Telecommunication Open Infrastructure AgencyFiber10 Gbps10 Gbps
- Google FiberFiber8 Gbps8 Gbps
- SenaWaveFiber2.5 Gbps2.5 Gbps
- Quantum FiberFiber2 Gbps1 Gbps
- XfinityFiber2 Gbps2 Gbps
- XfinityCable2 Gbps2 Gbps
- CenturyLinkFiber1 Gbps1 Gbps
- VerizonFixed Wireless1 Gbps75 Mbps
- StarlinkSatellite280 Mbps30 Mbps
- CenturyLinkDSL140 Mbps20 Mbps
- AT&TFixed Wireless100 Mbps20 Mbps
- HughesNetSatellite100 Mbps5 Mbps
- SenaWaveDSL100 Mbps50 Mbps
- SenaWaveFixed Wireless100 Mbps50 Mbps
- T-MobileFixed Wireless100 Mbps20 Mbps
- Utah BroadbandFixed Wireless100 Mbps25 Mbps
- Viasat IncSatellite100 Mbps3 Mbps
- Rise BroadbandFixed Wireless25 Mbps5 Mbps
Home details
Property
- Type
- Residential
- Style
- > 4 Units
- Architectural style
- Stories: 3
- Year built
- 1923
- Stories
- 0
- Condition
- Blt./Standing
- Construction
- Brick
- County
- Salt Lake
- Zoning
- Multi-Family
- MLS #
- 2136942
Costs
- List price
- $4,395,000
- Original price
- $4,475,000
- Annual taxes
- $24,632
- Home warranty
- No
Lot and parking
- Lot
- 0.62 ac
- Lot features
- View: Mountain
- Covered spaces
- 0
- Total parking
- 0
Systems
- Heating
- Gas: Central,Wall Furnace
- Roof
- Membrane
- Flooring
- Carpet,Hardwood,Tile
- Water
- Private
- Sewer
- Sewer: Connected
- View
- Mountain(s)
All home details48 details
Property Info
- Property Type
- Residential
- Property Style
- > 4 Units
- Architectural Style
- Stories: 3
- Condition
- Blt./Standing
- MLS #
- 2136942
- County
- Salt Lake
- Year Built
- 1923
- New Construction
- No
- Stories
- 0
- Total Rooms
- 0
- Living Area
- 14,850 sq ft
- Lot Size (Acres)
- 0.62
- Lot Size
- 27,007.2 sq ft
- Zoning
- Multi-Family
Bedrooms & Baths
- Bedrooms
- 28
- Total Bathrooms
- 21
Financial
- List Price
- $4,395,000
- Original Price
- $4,475,000
- HOA
- No
- Annual Taxes
- $24,632
- Home Warranty
- No
Structure
- Construction
- Brick
- Roof
- Membrane
- Flooring
- Carpet,Hardwood,Tile
- Heating
- Gas: Central,Wall Furnace
Lot & Land
- Lot Features
- View: Mountain
- Topography
- View: Mountain
- View
- Mountain(s)
- Waterfront
- No
- Horse Property
- No
Parking
- Garage
- No
- Carport
- No
- Covered Spaces
- 0
- Total Parking
- 0
- ADU
- No
Amenities
- Fireplace
- No
- Pool
- No
- Spa/Hot Tub
- No
Utilities
- Water Source
- Private
- Sewer
- Sewer: Connected
- Utilities
- Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
Schools
- Elementary
- Wasatch
- Middle School
- Bryant
- High School
- West
- Elementary District
- Salt Lake
Timeline
- Listed
- Feb 12, 2026
- Days on Market
- 32
- Status
- Active
Salt Lake City market
Explore Salt Lake CitySalt Lake City median
$548,900
This home: 701% above
Days to sell
54
Utah: 70
Homes for sale
801
Price range
$185k – $8M
Sale to list
98%
Market
Buyer's market
SafetyHigh Crime · 147.1 incidents per 1,000 residents · 217% above the Utah average
Safety rating 1.0 out of 10.
Violent
28.7
per 1,000 · national 3.6
Property
83.9
per 1,000 · national 17.6
vs Utah
+217%
46.4 per 1,000 statewide
vs Salt Lake
+118%
67.5 per 1,000 countywide
Society
34.5
per 1,000
Population 212,675 · 2024 reports · Local rates use NIBRS; national rates use FBI UCR index crimes, which count fewer offense types.
Location
146 E 2ND AVE, Salt Lake City, UT 84103
Open in map searchCommon questions
About 146 E 2ND AVE, Salt Lake City, UtahWhat is the asking price for 146 E 2ND AVE, Salt Lake City?
146 E 2ND AVE, Salt Lake City is listed at $4,395,000 ($296/sqft). The original list price was $4,475,000, representing a reduction of $80,000. This listing is currently active and available for showings.
Is 146 E 2ND AVE, Salt Lake City a good deal?
Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 30/100. Key deal signals: 138% STR gross rent coverage of monthly ownership cost. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.
Is 146 E 2ND AVE, Salt Lake City a good investment property?
Based on market rental data, this property has an estimated annual rent of $91,970 with a gross rental yield of 2.1%. Net rental yield (after estimated expenses): 1.4%. Estimated debt service coverage ratio (DSCR): 0.28. Investor score: 21/100. These are estimates based on area comparables.
What lifestyle features does 146 E 2ND AVE, Salt Lake City offer?
Propaired's AI has identified 5 lifestyle features for this property: Scenic Views, Investor Special, Historic & Character, Walkable, Bikeable. The primary lifestyle niche is "investor_special." These tags are derived from MLS data, property features, and location analysis.
What recreation is near 146 E 2ND AVE, Salt Lake City?
This property has a recreation score of 73/100. Nearby recreation includes: City Creek (BST SLC) trailhead (1.3 mi); Brigham Young Historic Park park (0.1 mi); Roots Disc Golf Course (3.2 mi); This Is The Place Heritage Park (3.8 mi). Skiing: Solitude Mountain Resort (18.0 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.
What amenities and services are near 146 E 2ND AVE, Salt Lake City?
This property has an amenity proximity score of 77/100. Nearby services include: Grocery: Harmons Emigration Market (3.1 mi); Hospital: VA Medical Hospital (2.8 mi); Pharmacy: SavOn Pharmacy (3.1 mi); Dining: Taste of Red Iguana (0.3 mi). Gas station: 3.4 miles. Gym: Wild Yogi (4.1 mi).
All 8 questions
What schools serve 146 E 2ND AVE, Salt Lake City?
Assigned schools: Elementary: Wasatch; Middle: Bryant; High: West. There are 3 schools within 3 miles of this property. The highest-rated nearby school is Salt Lake Center for Science Education with a 59% state performance score (2.9 miles away). School district: Salt Lake.
What is the internet speed at 146 E 2ND AVE, Salt Lake City?
This property has a broadband score of 100/100 (Excellent). Best available speed: 10000 Mbps download / 10000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (100 Mbps, Fixed Wireless); CenturyLink (1000 Mbps, Fiber); CenturyLink (140 Mbps, DSL). Total providers: 14.
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