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125 E 1ST AVE, Salt Lake City, UT — photo 11 / 22

$249,000

Reduced from $252,000 · today

125 E 1ST AVE, Salt Lake City, UT 84103

Type

Condo

List Price

$249,000

Price/Sqft

$498

Est Gross Yield

5.7%

$14,292/yr est.

Property Details

Property typeCondo
Year built1925
Total units1
Living area500 sqft
Bedrooms1
Bathrooms1
Lot size0.01 acres
Days on market33
Listed2026-08-08T00:00:00+00:00

Description

YES! That's correct, another PRICE IMPROVEMENT! Highly Motivated Seller! Quintessential Oxford Manor living - this charming and beautifully maintained residence captures the character and warmth that make this historic community such a rare gem. With only 30 total units, #106 offers an inviting layout, classic plantation blinds, granite countertops, and a quiet, walkable location near the University, downtown, dining, and transit. Just half a block from Temple Square and City Creek Center in the soughtafter lower Avenues, this home is ideal as a primary residence, investment property, or city retreat. Imagine attending the theater, the symphony, a Jazz game, or cheering on our newest addition to the entertainment scene - the Mammoth hockey team - then returning home to your peaceful onebedroom, onebath retreat with unbeatable urban convenience. The special assessment has been fully satisfied, and the owner is willing to pay the remaining HOA fees for the year, providing exceptional value and peace of mind for the next owner. A rare opportunity to secure a signature Oxford Manor residence with enduring appeal. Square footage figures are provided as a courtesy estimate only. Some of the photos provided depict virtual staging of the living room and bedrooms. Buyer is advised to obtain an independent measurement.

Listed by Jennifer L Wiechec · Axis Realty Group

Location

125 E 1ST AVE, Salt Lake City, UT 84103

Proforma

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Cap Rate

3.82%

Cash-on-Cash

-2.29%

Cash Flow

-$178/mo

Purchase Price$249,000
Down Payment35% ($87,150)
Interest Rate6.00%
Monthly Rent$1,191/mo
Vacancy5%
Expense Ratio30% ($4,073)

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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 9/10/2026, 10:49:51 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.