$10,000 Closing Credit¹
#2064405, Uwe W Michel, Listing Office: Best Western Realty Corporation
$985,000 List price
427 E 1st Ave Salt Lake City, UT 84103
$10,000
Closing credit¹
5 beds
4 baths
3,872 sqft
0.1 acres
$254 / sqft
Multi-Family
Property details
About 427 E 1st Ave
Full of character and charm, this classic craftsman-style triplex sits in the heart of the Avenues, one of Salt Lake City's most sought-after neighborhoods. A fantastic investment opportunity, this legal triplex features separate electric meters, a detached two-car garage, and several recent upgrades, including a new HVAC system (2023), a new main waterline (2024), and new carpet in the main unit (2024). Whether you're an owner-occupant or an investor, this property offers consistent rental demand with its proximity to the University of Utah and downtown. Enjoy nearby historic charm, scenic trails, and some of the city's best dining just minutes away. With the option to convert back into a single-family home, the possibilities are endless. Don't miss this rare opportunity to own a piece of Salt Lake City's history in an unbeatable location.
Highlights
Home typeTriplex
HeatingElectric, Forced Air
StatusActive
Size3,872 sqft
Lot size0.11 Acres
Year built1901
MLS #2072561
Garage2 spaces
Summary
- MLS Number: 2072561
- MLS Name: UtahRealEstate.com
- Office Name: KW South Valley Keller Williams
- Office Phone: (801) 676-5700
- Listing Agent: David Wiser
Based 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: 4/10/2025, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$985,000
427 E 1st Ave
$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
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $914,890 | $4,794 |
| 2023 | $763,890 | $4,153 |
| 2022 | $688,890 | $3,992 |
| 2021 | $588,700 | $3,768 |
| 2020 | $309,864 | $3,788 |
History based on county public records data.
Nearby schools
9
Wasatch School
Public District KG-6
1.0 mi
•30 R St
8
Ensign School
Public District PK-6
1.0 mi
•775 E 12th Ave
2
Liberty School
Public District PK-6
1.8 mi
•1090 S Roberta St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,076. Typical income of Salt Lake City, UT residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
33%
<35k
53%
35k-100k
13%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
79%
Single, No Kids
4%
Single, with Kids
12%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
2%
12-17 yrs old
53%
18-34 yrs old
32%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Major League Soccer (MLS)
Tennis
Where do the neighbors shop?
H&M
Banana Republic
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Jack In The Box
Starbucks
What do the neighbors drive?
Volkswagen
Toyota
BMW
What do the neighbors listen to?
Rhythmic Contemporary Hits
Jazz
News
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 427 E 1st Ave in Salt Lake City, UT and zip code 84103 in the Greater Avenues neighborhood. This 3,872 square foot home, which was built in 1901, sits on a 0.11 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $985,000.
The inventory of homes for sale in Salt Lake City, UT between February and March 2025 increased by 62.2%. Listings spent 71 days on the market in March 2025, and had a median list price of $596,333 during the same period.
From Rocket Homes Real Estate and based on county public records data.