- Price cut 26%
905 E 200 S, Salt Lake City, UT 84102
$2,950,000
Originally listed at $4,000,000
Est. $17,914/mo
- Beds
- 11
- Baths
- 16
- Sq ft
- 10,150
- Built
- 1937
Why this home stands out
- 26% price reduction from original list
- 89.0 days on market — potential negotiation opportunity
About this home
Rarely does an offering combine this much location, character, and untapped income potential in one package. Situated in the heart of East Central, this 16-unit brick apartment community sits perfectly between downtown Salt Lake City's core and the University of Utah - just three blocks from TRAX, and walking distance to shopping, dining, and everything the neighborhood has to offer. Built in 1937, the property retains the timeless charm of Salt Lake's classic walk-up apartment stock, while benefiting from significant recent capital improvements: a new roof, refurbished exterior siding, and plumbing and electrical upgrades completed in 2024. Seven of the sixteen units have also been individually updated, offering a strong mix of renovated and classic units to support a flexible leasing and value-add strategy. The unit mix - 8 studios, 5 one-bedrooms, and 3 two-bedrooms - appeals to a broad renter pool, from students and young professionals to downtown commuters. With current rents sitting meaningfully below market across the studio and one-bedroom units, this property offers a clear, executable path to increased NOI through strategic lease-up and renewal pricing, without requiring major capital investment beyond what's already been completed. Whether you're targeting a value-add reposition or a stabilized hold with embedded upside, 905 East 200 South presents a compelling opportunity in one of Salt Lake City's most in-demand rental corridors.
Features
- Kitchen: Updated
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 Cherie M Major
Christie's International Real Estate VUE (Christies VUE Salt Lake)
MLS #2176326
Your message goes only to Juston.
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
- East
High School
- Salt Lake Arts Academy
K-8 School · 1.5 mi
56% proficient - Emerson School
K-8 School · 2.6 mi
58% proficient
Nearby
Recreation
82 / 100- Local Park · Victory Park1214 ft
- Trailhead · Popperton Park1.1 mi
- Golf Course · Bonneville Golf Course2.5 mi
- State Park · This Is The Place Heritage Park2.7 mi
Show 2 more
- Airport · Salt Lake City Intl Airport6.2 mi
- Ski Resort · Solitude Mountain Resort17 mi
Everyday needs
79 / 100- School · Salt Lake Center for Science Education Bryant1772 ft
- Restaurant · Litzas Pizza0.5 mi
- Cafe · Art Cafe1.2 mi
- Hospital · VA Medical Hospital1.6 mi
Show 8 more
- EV Charging · ChargePoint Charging Station1.8 mi
- Grocery · Harmons Emigration Market2.1 mi
- Fire Station · Fire Station 102.2 mi
- Gas Station · Top Stop Chevron - Foothill C132.4 mi
- Bank · Chase Bank2.4 mi
- Pharmacy · Dan's Foothill Pharmacy2.6 mi
- Gym · Wild Yogi3.0 mi
- Doctors · Dr. Richard R. Flynn, MD3.8 mi
Internet
Excellent · fiber · 100/100Utah Telecommunication Open Infrastructure Agency
Fiber · 10 Gbps
Google Fiber
Fiber · 8 Gbps
SenaWave
Fiber · 2.5 Gbps
All 15 providers
- Utah Telecommunication Open Infrastructure AgencyFiber10 Gbps10 Gbps
- Google FiberFiber8 Gbps8 Gbps
- SenaWaveFiber2.5 Gbps2.5 Gbps
- Quantum FiberFiber2 Gbps1 Gbps
- XfinityCable2 Gbps2 Gbps
- Beehive BroadbandFiber1 Gbps1 Gbps
- CenturyLinkFiber1 Gbps1 Gbps
- VerizonFixed Wireless1 Gbps75 Mbps
- StarlinkSatellite280 Mbps30 Mbps
- CenturyLinkDSL140 Mbps20 Mbps
- AT&TFixed Wireless100 Mbps20 Mbps
- HughesNetSatellite100 Mbps5 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: 2
- Year built
- 1937
- Stories
- 0
- Condition
- Blt./Standing
- Construction
- Brick
- County
- Salt Lake
- Zoning
- Multi-Family
- MLS #
- 2176326
Costs
- List price
- $2,950,000
- Original price
- $4,000,000
- Annual taxes
- $14,273
- Home warranty
- No
Lot and parking
- Lot
- 10,019 sqft
- Covered spaces
- 0
- Total parking
- 5
Systems
- Heating
- Gas: Radiant
- Roof
- Asphalt
- Flooring
- Hardwood,Tile
- Water
- Culinary
- Sewer
- Sewer: Connected
All home details47 details
Property Info
- Property Type
- Residential
- Property Style
- > 4 Units
- Architectural Style
- Stories: 2
- Condition
- Blt./Standing
- MLS #
- 2176326
- County
- Salt Lake
- Year Built
- 1937
- New Construction
- No
- Stories
- 0
- Total Rooms
- 0
- Living Area
- 10,150 sq ft
- Lot Size (Acres)
- 0.23
- Lot Size
- 10,018.8 sq ft
- Zoning
- Multi-Family
Bedrooms & Baths
- Bedrooms
- 11
- Total Bathrooms
- 16
Financial
- List Price
- $2,950,000
- Original Price
- $4,000,000
- HOA
- No
- Annual Taxes
- $14,273
- Home Warranty
- No
Structure
- Construction
- Brick
- Roof
- Asphalt
- Flooring
- Hardwood,Tile
- Heating
- Gas: Radiant
Lot & Land
- Waterfront
- No
- Horse Property
- No
Parking
- Garage
- No
- Carport
- No
- Covered Spaces
- 0
- Open Parking
- 5
- Total Parking
- 5
- ADU
- No
Amenities
- Fireplace
- No
- Pool
- No
- Spa/Hot Tub
- No
Utilities
- Water Source
- Culinary
- Sewer
- Sewer: Connected
- Utilities
- Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
Schools
- Elementary
- Wasatch
- Middle School
- Bryant
- High School
- East
- Elementary District
- Salt Lake
Timeline
- Listed
- Aug 4, 2026
- Days on Market
- 66
- Status
- Active
Media
- Property Website
- Visit website
Salt Lake City market
Explore Salt Lake CitySalt Lake City median
$548,900
This home: 437% 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
905 E 200 S, Salt Lake City, UT 84102
Open in map searchCommon questions
About 905 E 200 S, Salt Lake City, UtahWhat is the asking price for 905 E 200 S, Salt Lake City?
905 E 200 S, Salt Lake City is listed at $2,950,000 ($291/sqft). The original list price was $4,000,000, representing a reduction of $1,050,000. This listing is currently active and available for showings.
Is 905 E 200 S, Salt Lake City a good deal?
Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 100/100. Key deal signals: 26% price reduction from original list; 89.0 days on market — potential negotiation opportunity. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.
Is 905 E 200 S, Salt Lake City a good investment property?
Based on market rental data, this property has an estimated annual rent of $76,035 with a gross rental yield of 2.6%. Net rental yield (after estimated expenses): 1.7%. Estimated debt service coverage ratio (DSCR): 0.35. Investor score: 23/100. These are estimates based on area comparables.
What lifestyle features does 905 E 200 S, Salt Lake City offer?
Propaired's AI has identified 4 lifestyle features for this property: Pool, Investor Special, 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 905 E 200 S, Salt Lake City?
This property has a recreation score of 82/100. Nearby recreation includes: Popperton Park trailhead (1.1 mi); Victory Park park (0.2 mi); Bonneville Golf Course (2.5 mi); This Is The Place Heritage Park (2.7 mi). Skiing: Solitude Mountain Resort (16.9 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.
What amenities and services are near 905 E 200 S, Salt Lake City?
This property has an amenity proximity score of 79/100. Nearby services include: Grocery: Harmons Emigration Market (2.1 mi); Hospital: VA Medical Hospital (1.6 mi); Pharmacy: Dan's Foothill Pharmacy (2.6 mi); Dining: Litzas Pizza (0.5 mi). Gas station: 2.4 miles. Gym: Wild Yogi (3.0 mi).
All 8 questions
What schools serve 905 E 200 S, Salt Lake City?
Assigned schools: Elementary: Wasatch; Middle: Bryant; High: East. There are 2 schools within 3 miles of this property. The highest-rated nearby school is Emerson School with a 58% state performance score (2.6 miles away). School district: Salt Lake.
What is the internet speed at 905 E 200 S, 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); Beehive Broadband (1000 Mbps, Fiber); CenturyLink (1000 Mbps, Fiber). Total providers: 15.
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