Map of Property

Murray 404

404 E 5600 S, Murray, UT 84107

  • For Sale $10,500,000
  • Property Type Multi-Family
  • Property Size 27,980 SF
  • Units 31
  • Lot Size 2.51 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1969
  • Year Renovated 2023
  • Date Updated Jun 19, 2025
Nestled in the core of Salt Lake County, Murray is fondly referred to as the “Hub of Salt Lake County.” Its central position provides residents with convenient access to major transportation routes, including I-15 and I-215, as well as TRAX light rail. Murray boasts a thriving economic landscape supported by various industries, making it an attractive area for both businesses and residents. Local amenities include diverse retail options, quality healthcare facilities such as Intermountain Medical Center, and abundant recreational opportunities at nearby parks and trails. Its blend of suburban comfort and urban access continues to draw steady rental demand and long-term property appreciation.This newly renovated 39-unit multifamily property offers an exceptional buy-and-hold opportunity in the heart of Murray, Utah. Originally built in 1969, it has been tastefully upgraded in 2023, featuring modern interiors and community amenities. Residents enjoy a brand-new fitness center, resident lounge, fire pits, and a spacious BBQ courtyard for social gatherings. Each unit comes with an individual locked storage room, while assigned covered parking ensures convenience and security. The property spans 2.6 acres, providing ample green space for relaxation and recreation. With 79.49% occupancy, there’s immediate room to increase rental income by leasing the remaining eight vacant units. Proximity to shopping, healthcare, and public transit boosts the property’s long-term investment appeal. Priced at $10,500,000, this complex presents robust upside potential in one of Utah’s most vibrant submarkets.
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Contacts

broker
Joseph Mills

Investment Realty Advisors

Location

Getting Around

  • Walk Score ®

    39/100 Car-Dependent

  • Transit Score ®

    33/100 Some Transit

  • Bike Score ®

    44/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Murray, UT
  • Neighborhood Murray
  • Zip Code 84107
  • Market Salt Lake City

Points of Interest

  • Rideshare

    0.79 miles

  • Murray Central

    1.07 miles

  • Fashion Place West

    1.35 miles

  • Murray North

    2.06 miles

  • Midvale Center

    2.71 miles

  • Bingham Junction

    2.79 miles

  • Meadowbrook

    2.82 miles

  • Historic Gardner

    3.58 miles

  • Historic Sandy

    4.09 miles

  • Sandy Expo

    4.65 miles

  • Phillips 66

    0.37 miles

  • Chevron

    0.82 miles

  • Sinclair

    0.90 miles

  • ChargePoint

    0.98 miles

  • Kum And Go

    0.99 miles

  • Sam's Club

    1.32 miles

  • Holiday Oil

    1.42 miles

  • Shell

    1.53 miles

  • Tesla Supercharger

    1.91 miles

  • Blink

    3.32 miles

  • Grandview Parking Lot

    0.89 miles

  • Park 'n' Ride

    2.31 miles

  • Church Parking

    2.79 miles

  • UTA park and ride

    2.80 miles

  • Parking Lot A

    3.40 miles

  • Parking Lot P

    3.46 miles

  • Parking Lot B

    3.47 miles

  • Parking Lot O

    3.47 miles

  • Parking Lot N

    3.50 miles

  • Parking Lot R

    3.51 miles

  • Sandman Motel

    0.42 miles

  • TownePlace Suites Salt Lake City Murray

    0.54 miles

  • Residence Inn

    0.58 miles

  • Holiday Inn Express & Suites

    1.01 miles

  • Home2 Suites by Hilton Salt Lake City-Murray, UT

    1.16 miles

  • Comfort Inn

    1.27 miles

  • Crystal Inn Hotel & Suites

    1.38 miles

  • Econo Lodge

    1.52 miles

  • Holiday Inn Express

    1.90 miles

  • Royal Inn Motel

    1.91 miles

  • Shane's Donuts

    0.40 miles

  • Pizza Hut

    0.40 miles

  • Jimmy John's

    0.41 miles

  • Gaetano's Sub Shop

    0.45 miles

  • McDonald's

    0.47 miles

  • Arby's

    0.51 miles

  • Panda Express

    0.52 miles

  • Cafe Rio

    0.52 miles

  • JINYA Ramen Bar

    0.54 miles

  • Braza Grill

    0.55 miles

  • McMillan Elementary School

    0.35 miles

  • Cameo College of Essential Beauty

    0.37 miles

  • Hillcrest Junior High Seminary

    0.40 miles

  • Hillcrest Junior High School

    0.42 miles

  • Murray High Seminary

    0.61 miles

  • Murray High School

    0.63 miles

  • Parkside Elementary School

    0.72 miles

  • Longview Elementary School

    0.91 miles

  • Liberty Elementary

    0.97 miles

  • Utah State University at Salt Lake

    1.02 miles

  • Murray School District Early Childhood Education Center

    0.93 miles

  • ABC Great Beginnings Child Care

    1.07 miles

  • Millcreek Activity Center

    2.19 miles

  • Tender Touch

    2.71 miles

  • La Petite Academy

    3.43 miles

  • Lit'l Scholars Learning Center

    3.48 miles

  • Children's Corner

    3.61 miles

  • Utah Community Action

    3.92 miles

  • Little Minds Academy

    4.01 miles

  • Forever Children

    4.43 miles

Frequently Asked Questions

How much does Murray 404 cost?

The space currently listed for sale at Murray 404 asks for $10,500,000.

What is the total square footage of Murray 404?

Murray 404 totals 27,980 square feet.

When was this property built?

Murray 404 was built in 1969.

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Contact Listing Broker
broker
Joseph Mills

Investment Realty Advisors

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