Castle Heights Apartments

141 East 1st Avenue, Salt Lake City, UT 84103

Property Information

  • For Sale $6,550,000
  • Property Type Multi-Family
  • Property Size 30,838 SF
  • Units 32
  • Lot Size 0.38 Acre
  • Year Built 1930
  • Year Renovated 2021
  • Date Updated May 11, 2026

Description

Located in the heart of downtown Salt Lake City's Avenues neighborhood, Castle Heights Apartments is one of the cities most iconic multifamily buildings. 32-units just steps from Temple Square, City Creek, dining, employment, and public transit. The property includes 27 one-bedroom units, 4 studios, and 1 two-bedroom. Some interior cosmetic upgrades were completed in 2021, including new cabinets, countertops, and stainless steel appliance, but more work remains. Offered at under $210,000 per unit, this is a compelling value-add opportunity in a premier, walkable downtown location with strong long-term upside.

Highlights

  • 30,838 SF building
  • 32 units
  • Built in 1930
  • Renovated in 2021
  • Zoned RMF - 75

Contacts

Porter Criddle

Investment Realty Advisors

Location

Located at 141 East 1st Avenue, Salt Lake City, UT 84103, this property is part of the The Avenues neighborhood and Salt Lake City market.

Contact Listing Broker
Porter Criddle

Investment Realty Advisors

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