Under contract · Salt Lake City
$855,000
157 S 800 E, Salt Lake City, UT
11 bedrooms5 bathrooms5,989 square feet
The story
About this home.
About this home
Fabulous U of U and downtown multi-unit rental and/or group home facility with new paint and carpet! Fabulous value with room to increase rents throughout! Current rent rates are low and have not been raised in years! This multi-unit property was originally built as an elderly care facility that required overhead water sprinklers, which are currently in place. The property is licensed and used for multi-unit rentals that allow apartment and single-room tenants up to 10 Doors. There is one 2-Bedroom, one-bath and a 1-Bedroom, one-bath apartment on the main floor. There are 8 single room rentals on the second floor that share a common kitchen area and 2 1/2 full baths. This property is perfect "As Is" or can be developed into an Airbnb, Hostel Group Home, or Apartments. The boiler is only a couple of years old, is 90%+ efficient, and represents a $30,000 investment. The roof is also in excellent condition, providing additional peace of mind for the buyer.
Home facts
- Status
- Pending
- Type
- Residential
- Built
- 1935
- Lot
- 0.22 acres
- Living area
- 5,989 sq ft
- ZIP code
- 84102
Listing courtesy of Masters Utah Real Estate, Terry Cononelos, 801-453-1010.
Presented by Real Broker, LLC.
Based on information from UtahRealEstate.com as of 2026-11-09. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
What it costs a month.
Your estimated payment
$4,634/mo
- Principal and interest $4,634
Rate starts at Freddie Mac's weekly 30-year average (2026-11-05) · $684,000 · An estimate only, not a loan offer. Property taxes and insurance are extra; a lender gives you real figures.
Where it is.
Homes like this.
See them allBased on information from UtahRealEstate.com as of 2026-11-09. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
