- Motivated Seller
- Price cut 11%
259 S MONTGOMERY ST, Salt Lake City, UT 84104
$785,000
Originally listed at $887,000
Est. $4,836/mo
- Beds
- 8
- Baths
- 4
- Sq ft
- 3,448
- Built
- 1981
Why this home stands out
- 12% price reduction from original list
- 75.0 days on market — potential negotiation opportunity
About this home
Excellent investment opportunity in a prime Salt Lake City location! This well-maintained four-unit property offers strong rental appeal with current rents ranging from $1,450$1,750 per unit. $1750 unit has a section 8 voucher paid by the government on the first of each month (direct deposit). Each unit features an open floor plan, in-unit washer and dryer, and central A/C installed approximately two years ago. The property also includes Google Fiber internet, an irrigation system (currently set to off due to the drought), eight dedicated parking stalls, a newly paved parking lot, a private dumpster, and four private storage units, providing valuable amenities for tenants and additional appeal for future residents. Ideally located just 8 minutes from Salt Lake City International Airport and 7 minutes from downtown Salt Lake City, with convenient access to major roads, employment centers, dining, shopping, and entertainment (including the newly proposed Power District Ballpark) . A compelling opportunity for investors seeking a well-located multifamily property with desirable tenant amenities and strong long-term potential.
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 Camden Smith
ABRAXIA REAL ESTATE, LLC
MLS #2179520
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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- Edison
Elementary
- Glendale
Middle School
- West
High School
- Salt Lake Center for Science Education
High School · 2.1 mi
59% proficient - Emerson School
K-8 School · 2.5 mi
58% proficient - Salt Lake Arts Academy
K-8 School · 2.8 mi
56% proficient
Nearby
Recreation
81 / 100- Local Park · Sherwood Park886 ft
- Trailhead · 600 S (JRP)0.8 mi
- Golf Course · Roots Disc Golf Course2.2 mi
- Airport · Salt Lake City Intl Airport2.8 mi
Show 3 more
- State Park · Jordan River OHV State Park3.2 mi
- Boat Ramp · Great Salt Lake State Marina15 mi
- Ski Resort · Snowbird Ski and Summer Resort19 mi
Everyday needs
82 / 100- School · Edison School1608 ft
- Grocery · Food Market0.7 mi
- Park · Utah Dog Park Airport0.8 mi
- Doctors · Dr. Ronald G Duerksen MD PC0.9 mi
Show 9 more
- EV Charging · ChargePoint Charging Station0.9 mi
- Cafe · Switchpoint Coffee Co.1.0 mi
- Fire Station · Salt Lake City Fire Station Number 61.2 mi
- Restaurant · Leatherby's Family Creamery1.3 mi
- Pharmacy · SavOn Pharmacy1.5 mi
- Bank · Zions Bank1.6 mi
- Gas Station · 7-Eleven Fuel2.4 mi
- Hospital · Victoria Serpico5.1 mi
- Gym · Salt Lake Tennis & Health Club5.9 mi
Internet
Excellent · fiber · 100/100Utah Telecommunication Open Infrastructure Agency
Fiber · 10 Gbps
Google Fiber
Fiber · 8 Gbps
Quantum Fiber
Fiber · 2 Gbps
All 14 providers
- Utah Telecommunication Open Infrastructure AgencyFiber10 Gbps10 Gbps
- Google FiberFiber8 Gbps8 Gbps
- Quantum FiberFiber2 Gbps1 Gbps
- XfinityCable2 Gbps2 Gbps
- CenturyLinkFiber1 Gbps1 Gbps
- VerizonFixed Wireless1 Gbps75 Mbps
- StarlinkSatellite280 Mbps30 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 Wireless50 Mbps10 Mbps
- SenaWaveFixed Wireless30 Mbps15 Mbps
- CenturyLinkDSL0 Mbps0 Mbps
Home details
Property
- Type
- Residential
- Style
- Quadruplex
- Architectural style
- Stories: 2
- Year built
- 1981
- Stories
- 0
- Condition
- Blt./Standing
- County
- Salt Lake
- MLS #
- 2179520
Costs
- List price
- $785,000
- Original price
- $887,000
- Annual taxes
- $4,621
- Home warranty
- No
Lot and parking
- Lot
- 0.25 ac
- Lot features
- Fenced: Part,Road: Paved,Sprinkler: Auto-Full
- Covered spaces
- 0
- Total parking
- 8
Systems
- Heating
- Forced Air
- Flooring
- Tile
- Sewer
- Sewer: Connected,Sewer: Public
All home details44 details
Property Info
- Property Type
- Residential
- Property Style
- Quadruplex
- Architectural Style
- Stories: 2
- Condition
- Blt./Standing
- MLS #
- 2179520
- County
- Salt Lake
- Year Built
- 1981
- New Construction
- No
- Stories
- 0
- Total Rooms
- 0
- Living Area
- 3,448 sq ft
- Lot Size (Acres)
- 0.25
- Lot Size
- 10,890 sq ft
Bedrooms & Baths
- Bedrooms
- 8
- Total Bathrooms
- 4
Financial
- List Price
- $785,000
- Original Price
- $887,000
- HOA
- No
- Annual Taxes
- $4,621
- Home Warranty
- No
Structure
- Flooring
- Tile
- Heating
- Forced Air
Lot & Land
- Lot Features
- Fenced: Part,Road: Paved,Sprinkler: Auto-Full
- Topography
- Fenced: Part, Road: Paved, Sprinkler: Auto-Full
- Waterfront
- No
- Horse Property
- No
Parking
- Garage
- No
- Carport
- No
- Covered Spaces
- 0
- Open Parking
- 8
- Total Parking
- 8
- ADU
- No
Amenities
- Fireplace
- No
- Pool
- No
- Spa/Hot Tub
- No
Utilities
- Sewer
- Sewer: Connected,Sewer: Public
- Utilities
- Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Schools
- Elementary
- Edison
- Middle School
- Glendale
- High School
- West
- Elementary District
- Salt Lake
Timeline
- Listed
- Aug 18, 2026
- Days on Market
- 72
- Status
- Active
Salt Lake City market
Explore Salt Lake CitySalt Lake City median
$548,900
This home: 43% 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
259 S MONTGOMERY ST, Salt Lake City, UT 84104
Open in map searchCommon questions
About 259 S MONTGOMERY ST, Salt Lake City, UtahWhat is the asking price for 259 S MONTGOMERY ST, Salt Lake City?
259 S MONTGOMERY ST, Salt Lake City is listed at $785,000 ($228/sqft). The original list price was $887,000, representing a reduction of $102,000. This listing is currently active and available for showings.
Is 259 S MONTGOMERY ST, Salt Lake City a good deal?
Propaired's AI deal analysis classifies this property as a "Motivated Seller" with a deal score of 78/100. Key deal signals: 12% price reduction from original list; 75.0 days on market — potential negotiation opportunity. The price is 6% above similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.
What lifestyle features does 259 S MONTGOMERY ST, Salt Lake City offer?
Propaired's AI has identified 3 lifestyle features for this property: OHV & ATV Trails, Investor Special, Pet Friendly. The primary lifestyle niche is "investor_special." These tags are derived from MLS data, property features, and location analysis.
What recreation is near 259 S MONTGOMERY ST, Salt Lake City?
This property has a recreation score of 81/100. Nearby recreation includes: 600 S (JRP) trailhead (0.8 mi); Sherwood Park park (0.2 mi); Roots Disc Golf Course (2.2 mi); Jordan River OHV State Park (3.2 mi). Skiing: Snowbird Ski and Summer Resort (19.5 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.
What amenities and services are near 259 S MONTGOMERY ST, Salt Lake City?
This property has an amenity proximity score of 82/100. Nearby services include: Grocery: Food Market (0.7 mi); Hospital: Victoria Serpico (5.1 mi); Pharmacy: SavOn Pharmacy (1.5 mi); Dining: Leatherby's Family Creamery (1.3 mi). Gas station: 2.4 miles. Gym: Salt Lake Tennis & Health Club (5.9 mi).
What schools serve 259 S MONTGOMERY ST, Salt Lake City?
Assigned schools: Elementary: Edison; Middle: Glendale; 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 (2.1 miles away). School district: Salt Lake.
All 8 questions
What is the internet speed at 259 S MONTGOMERY ST, 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 (0 Mbps, DSL). Total providers: 14.
Is 259 S MONTGOMERY ST, Salt Lake City in a flood zone?
This property is classified as low. FEMA flood zone: X (AREA OF MINIMAL FLOOD HAZARD). Flood insurance is not typically required but may be recommended. Always verify current FEMA maps as they are periodically updated.
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