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120 E UTOPIA S AVE, Salt Lake City, UT 84105
$1,299,000
120 E UTOPIA S AVE, Salt Lake City, UT 84105
Units
6
Price/Unit
$216,500
Price/Sqft
$278
Est Gross Yield
8.3%
$107,280/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 2BR / 1BA | 6 | 2 | 1 | 778 | $1,302.5/mo |
| Total | 6 | 12 | 6 | 4,668 | $7,815/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
Well-maintained 6-plex in a convenient Salt Lake City location, minutes from downtown and freeway access. Six identical 2-bed / 1-bath units arranged as two three-story stacks. Separately metered gas and electric. Shared coin-operated laundry on the lower level provides additional income. Each unit has a dedicated covered carport space. Building remodeled in 2021, with additional upside available through rents and operations. Solid buy-and-hold opportunity; 1031 exchange buyers welcome. Offers subject to inspection. Call with any questions.
Listed by Matt B Strong · Conrad Cruz Real Estate Services, LLC
Location
120 E UTOPIA S AVE, Salt Lake City, UT 84105
Proforma
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Cap Rate
5.49%
Cash-on-Cash
2.17%
Cash Flow
$883/mo
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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 9/15/2026, 6:11:49 AM. 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.