1326 S 500 E, Salt Lake City, UT 84105

• 32 beds |
• 31 baths |
• 33,169 sqft

Property Description

Prime 34-Unit Multi-family building just a half-block from Liberty Park. Positioned just a half-block from Salt Lake City's iconic Liberty Park, this turnkey 32-unit multifamily building with two ground-floor commercial units represents a rare trophy asset in a historically low-vacancy submarket. Designed to command top-of-market rents and maximize investor NOI, the property features a premium amenity package that ensures high tenant retention. Residents enjoy a secure, heated underground parking garage-a massive competitive advantage during Utah winters-with full elevator access to all levels. The building boasts a private, expansive second-floor courtyard offering a quiet urban oasis, alongside a state-of-the-art secure entry system for ultimate peace of mind. The two high-visibility commercial spaces capitalizes on vibrant neighborhood foot traffic, offering a diversified, robust revenue stream. Combining an unbeatable A+ location with institutional-grade features-including the heated garage, elevator access, and premium security-this generational asset is a standout addition to any sophisticated portfolio. Turnkey investment. Financial package and pro-forma available upon request

Listing Status:

Active

Date Added:

June 1, 2026

Data Last Updated:

July 6, 2026 at 5:41PM

Listing Office:

Colemere Realty Associates LLC : 801-272-8192

Listing Agent:

J. Scott Colemere : 801-403-8565

MLS ID:

2163852

Interior

• General: Alarm: FireAlarm: SecurityDisposalDishwasher: Built-In
• Flooring: Tile
• Heating: Gas: Central>= 95% efficiency
• Disability Feature: Accessible Elevator InstalledAccessible EntranceSingle Level Living

Exterior

• General: Basement EntranceDouble Pane WindowsPatio: CoveredSecured BuildingSecured ParkingSliding Glass Doors
• Style: High Rise
• Parking: CoveredSecuredParking spaces: 35

Construction

• Roofing: FlatMembrane
• Windows: Full
• General: Blt./Standing

Location

• Originating MLS: UtahRealEstate.com
• School District: Salt Lake
• County: Salt Lake

Lot

• Topography: Corner LotCurb & GutterRoad: PavedSidewalksSprinkler: Auto-FullView: MountainDrip Irrigation: Auto-Full
• Landscaping: Landscaping: Full
• Zoning: Multi-Family16-07-459-034
• View: Mountain(s)View
• Current Use: Residential

Utilities

• Utilities: Natural Gas ConnectedElectricity ConnectedSewer ConnectedSewer: PublicWater Connected
• Water: Culinary
• Sewer: Sewer: ConnectedSewer: Public

Financial

• Source: UtahRealEstate.com