$10,000

closing credit¹

376 E 5th Ave N Salt Lake City, UT 84103

$1,500,000
6 beds
5 baths
6,240 sqft
0.1 acres
$240 / sqft
Multi-Family

Property details

About 376 E 5th Ave N

$118,200 Gross Annual Rent. Fully occupied with 12 month leases. All 5 units newly renovated. Renovated kitchens, bathrooms, new boiler, new water line to the street, new electrical, new plumbing. Little to no maintenance given all the improvements. Net Operating Income: $97,592.96. CAP Rate: 6%. Perfect Location! Curb appeal! Turn-key.

Highlights

Home typeMulti Family
HeatingForced Air, Hot Water
StatusActive
Size6,240 sqft
Lot size0.14 Acres
Year built1900
MLS #2033850

Summary

  • MLS Number: 2033850
  • MLS Name: UtahRealEstate.com
  • Office Name: Equity Real Estate (Premier Elite)
  • Listing Agent: Jeremy L Johnson

IDXBased on information from UtahRealEstate.com 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. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2025 UtahRealEstate.com All rights reserved.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/18/2025, 8:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property with a porch and a balcony

$1,500,000

376 E 5th Ave N

$10,000

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

8

Ensign School

Public District PK-6

0.9 mi

775 E 12th Ave

9

Wasatch School

Public District KG-6

1.1 mi

30 R St

3

Mary W. Jackson School

Public District PK-6

1.8 mi

750 W 200 N

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $64,151. Residents of Salt Lake City, UT typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

28%
<35k
42%
35k-100k
25%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

64%
Single, No Kids
6%
Single, with Kids
20%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
5%
12-17 yrs old
43%
18-34 yrs old
36%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • TennisTennis
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • H&MH&M
  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • The Cheesecake FactoryThe Cheesecake Factory

What do the neighbors drive?

  • VolkswagenVolkswagen
  • BMWBMW
  • AudiAudi

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 376 E 5th Ave N in Salt Lake City, UT and zip code 84103 in the Canyon Road / West Avenues neighborhood. This 6,240 square foot home, which was built in 1900, sits on a 0.14 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $1,500,000.

The number of listings in Salt Lake City, UT increased by 18.6% between November and December 2024. While the average time on the market in December 2024 was 94 days, the median list price was $589,956.

From Rocket Homes Real Estate and based on county public records data.

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