$5,200,000

4109 S HIGHLAND DR, Holladay, UT 84124

  • 36 beds |
  • 32 baths |
  • 17,754 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2000
  • Property Lot Size Icon1.06acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $293/sqft
  • Property List Date Icon Listed 23 days ago

Property Description

Well located 20-unit apartment community along Highland Drive in Holladay, one of Salt Lake County's most established and desirable residential submarkets. The property has benefited from recent capital improvements, with 13 of the 20 units renovated, providing immediate upside and strong tenant appeal. Holladay is known for its high household incomes, strong rental demand, and limited multifamily supply. The property offers excellent access to I-215, I-80, Downtown Salt Lake City, the University of Utah, Sugar House, and major employment centers, while being surrounded by mature neighborhoods, retail, dining, and everyday services. Renovated units feature updated interiors that attract long-term tenants, while the remaining units offer a clear path for continued renovations and future rent growth. The property's visibility along Highland Drive, combined with the strength of the Holladay market, supports durable cash flow and long-term appreciation. A compelling opportunity for investors seeking a core-plus / value-add multifamily asset in a high-barrier, supply-constrained Salt Lake County location.

Listing Status:
Active
Date Added:
December 8, 2025 at 07:00AM
Listing Office:
Newmark Mountain West : 801-456-8800
Listing Agent:
Kris Mortensen : 801-739-6431
MLS ID:
2126802
  • Heating: Gas: Central
  • Style: Stories: 2
  • Parking: CoveredParking: UncoveredParking spaces: 0
  • Roofing: Asphalt
  • General: Blt./Standing
  • Originating MLS: UtahRealEstate.com
  • School District: Granite
  • County: Salt Lake
  • Zoning: 22-04-201-032
  • Current Use: Residential
  • Utilities: Natural Gas ConnectedElectricity ConnectedSewer ConnectedWater Connected
  • Sewer: Sewer: Connected
  • Source: UtahRealEstate.com

This listing courtesy of Kris Mortensen, Newmark Mountain West

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Crestview Elementary School

2100 E Lincoln Ln, Salt Lake City, UT, 84124

Grades KG-5

0.65 miles away

E

Evergreen Junior High School

3401 S 2000 E, Salt Lake City, UT, 84109

Grades 6-8

1.17 miles away

O

Olympus High School

4055 S 2300 E, Salt Lake City, UT, 84124

Grades 9-12

1.03 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.