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1127 E S TEMPLE S, Salt Lake City, UT — photo 11 / 12

$2,695,000

1127 E S TEMPLE S, Salt Lake City, UT 84102

Units

8

Price/Unit

$336,875

Price/Sqft

$354

Est Gross Yield

4.9%

$131,340/yr est.

Property Details

Property typeMultifamily
Year built1906
Total units8
Living area7,607 sqft
Bedrooms10
Bathrooms8
Lot size0.31 acres
Parking12 spaces
Days on market181
Listed2026-04-28T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
2BR / 1BA121920$1,880/mo
1BR / 1BA111700$1,660/mo
1BR / 1BA111700$1,545/mo
1BR / 1BA111450$1,120/mo
2BR / 1BA121600$1,490/mo
1BR / 1BA111550$1,335/mo
1BR / 1BA111700$1,335/mo
1BR / 1BA111500$1,235/mo
Unit 9100500$1,000/mo
Total91085,620$12,600/mo

Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.

Description

100% rented turnkey 8-unit multifamily investment located on historic South Temple. This Tudor-style property underwent a FULL renovation in 2022, including all new electrical and plumbing throughout, remodeled kitchens and bathrooms, updated cabinetry, tile backsplashes, fresh paint, and high-efficiency mini-split HVAC systems in all units. Additional third-floor studio space and basement area provide future upside potential (buyer to verify). Prime location near downtown Salt Lake City and the University of Utah with long-term rental stability. Owner/Agent.

Listed by Porter Criddle · Investment Realty Advisors LLC

Location

1127 E S TEMPLE S, Salt Lake City, UT 84102

Proforma

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Cap Rate

3.24%

Cash-on-Cash

-3.83%

Cash Flow

-$3,224/mo

Purchase Price$2,695,000
Down Payment35% ($943,250)
Interest Rate6.00%
Monthly Rent$10,945/mo
Vacancy5%
Expense Ratio30% ($37,432)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/26/2026, 3:36:01 PM. 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. Listing data provided by UtahRealEstate.com.