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315 N F ST, Salt Lake City, UT 84103
$995,000
315 N F ST, Salt Lake City, UT 84103
Units
4
Price/Unit
$248,750
Price/Sqft
$283
Est Gross Yield
5.7%
$57,168/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 4BR / 2BA | 1 | 4 | 2 | 1,756 | $3,500/mo |
| 1BR / 1BA | 1 | 1 | 1 | 878 | $1,345/mo |
| 1BR / 1BA | 1 | 1 | 1 | 878 | $800/mo |
| Total | 3 | 6 | 4 | 3,512 | $5,645/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
Historic Avenues 4 unit property with Massive Value-Add Upside! Situated in one of Salt Lake City's most sought-after rental neighborhoods, this property offers an incredible combination of steady cash flow and future upside. The right side (317 A & B) features fully updated living spaces, serviced by a newer AC unit and HVAC system. Over on the left side, long-term tenant stability provides immediate holding income. Huge potential awaits in Unit 315 A: a 1-bedroom, 1-bath layout featuring a spacious living area, kitchen, front entrance, and private rear access. Gross rental income would improve significantly by renovating 315 A-B to match the rent of its counterpart. The left-side units (315 A & B) are separately metered, giving a new owner clear operational flexibility. Prime Avenues location within walking distance to local cafes, downtown SLC, and Memory Grove.
Listed by Daniel Lopez · REDFIN CORPORATION
Location
315 N F ST, Salt Lake City, UT 84103
Proforma
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Cap Rate
4.81%
Cash-on-Cash
0.37%
Cash Flow
$114/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, 8:07:58 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.