Date
Details
Price
Change
Source
6/26/2026
Listed
$625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$625,000 Just Listed
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Property Description
Investment opportunity in Salt Lake City's highly desirable Avenues neighborhood. Located just minutes from Downtown Salt Lake City, the University of Utah, major hospitals, restaurants, and outdoor recreation, this five-unit property offers a rare chance to own multifamily real estate in a prime location. The property consists of five one-bedroom, one-bathroom units on a large lot with significant upside potential. While the building needs renovation, it presents an excellent opportunity for an investor looking to improve the property, increase rents, and add value over time. The Avenues continues to see strong rental demand thanks to its walkability, historic character, and close proximity to downtown and the University of Utah. The oversized lot may also offer future opportunities, subject to buyer verification. Whether you're looking for a value-add project, long-term investment, or redevelopment opportunity, this property offers a chance to invest in one of Salt Lake City's most established neighborhoods.
Full Property Details
Full Property Details for 423 E 1st Ave
General
- Price: $625,000
- Taxes: $4,467
- Status: Active
- Type: Single Family
- Source: WFR
- MLS ID: 2168097
- Updated: 6/26/2026
- Added to Site: 4 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Basement Entrance, Patio: Covered
- Porch/Patio/Deck: Covered
Parking
- Total Spaces: 10
Location
- Area: Salt Lake City: Avenues Area
- County: Salt Lake
- Subdivision: AVENUES
- Cross Streets: 65
- Direction Faces: South
School Information
- Elem School District: Salt Lake
- Midd School District: Salt Lake
- High School District: Salt Lake
- Elementary School: Wasatch
- Middle School: Bryant
- High School: West
Structural Information
- Architectural Style: Victorian
- Construction: Brick, Concrete, Cement Siding
- Exterior Const.: Brick, Concrete, Cement Siding
- Basement Desc.: Entrance, Full
- Roof: Asphalt
- Stories/Levels: 3
- Square Feet: 3,195
- Living Area: 3,195 Sq. Ft.
- Current Bldg. Use: Single Family
- Year Built: 1904
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,969.6
- Lot Size: .16
- Zoning: RMF-35
Financial Considerations
- Tax Amount: $4,467
Disclosures and Reports
- Property ID: 09-30-480-014
Listed by Windermere Real Estate
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Listing agent
— 423 E 1st Ave —
Windermere Real Estate
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Schools
Schools serving 423 E 1st Ave
School District:Salt Lake City School District
| Name | Grades | Distance |
|---|---|---|
Wasatch School, Salt Lake City, UT 30 R Street, Salt Lake City, UT 84103 | K-6 | 1 mi |
Innovations K-8 1700 South State Street, Salt Lake City, UT 84115 | K-8 | 2.6 mi |
Salt Lake Center for Science Education Bryant 40 South 800 East, Salt Lake City, UT 84102 | 7-8 | 0.4 mi |
West High School 241 North 300 West, Salt Lake City, UT 84103 | 7-12 | 1.3 mi |
Innovations High School 1700 South State Street, Salt Lake City, UT 84115 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 423 E 1st Ave
Tax History
Tax History for 423 E 1st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,468
-6%
$879,100
-3%
2024
$4,738
22%
$904,100
26%
2023
$3,894
4%
$716,100
11%
2022
$3,733
9%
$644,200
20%
2021
$3,430
-6%
$535,800
-1%
2020
$3,636
-8%
$540,700
78%
2019
$3,958
13%
$304,535
-36%
2017
$3,512
—
$477,700
7%
2017
$3,512
9%
$448,300
15%
2016
$3,217
6%
$389,900
12%
2015
$3,043
13%
$349,600
14%
2014
$2,682
14%
$305,600
20%
2013
$2,343
—
$255,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 423 E 1st Ave
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- Single Family
- Active
- Updated 8 hours ago
- 5Beds
- 5Total Baths
- 3,074Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 5Beds
- 4Total Baths
- 2,902Sq. Ft.
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,569Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 1Total Bath
- 813Sq. Ft.
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- Single Family
- Active
- Updated 4 days ago
- 2Beds
- 2Total Baths
- 1,250Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 2Beds
- 1Total Bath
- 1,047Sq. Ft.
- Townhouse
- Active
- Updated 4 days ago
- 2Beds
- 3Total Baths
- 1,260Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 2,533Sq. Ft.
423 E 1st Ave, Salt Lake City, UT 84103 (MLS# 2168097) is a Single Family property with 5 bedrooms and 5 full bathrooms. 423 E 1st Ave is currently listed for $625,000 and was received on June 26, 2026. Want to learn more about 423 E 1st Ave? Do you have questions about finding other Single Family real estate for sale in People's Freeway? You can browse all People's Freeway real estate or contact a Coldwell Banker agent to request more information.