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465 E 6th Avenue is a well-maintained 3,475 SF fourplex nestled in the heart of The Avenues, one of Salt Lake City's most desirable and historic neighborhoods. Built in 1910, this charming property seamlessly blends timeless architectural character with thoughtful,modern updates. Its prime location offers tenantswalkable accessto top-tier dining, shopping, and entertainment options. The property includes four distinct units: one studio, one 1BD/1BA, and two very large 2BD units, each over 1,400 SF. One has an extra half bath. Each unit has seen significant updates under current ownership, while preserving the building's original character. Additional features includecovered parkingat the rear of the property and a brand-new roof installed in 2021. RECENT IMPROVEMENTS INCLUDE:New roof (2021), New water heater servicing all units (2020) New soffits and fascia (2025) FINANCIAL HIGHLIGHTS & VALUE-ADD POTENTIAL According to Rentometer, current average rents in the area are approximately: Studio: $1,272 1BD: $1,489 2BD: $2,500 The subject property currently leases units at an average of $975 (studio), $1,025 (1BD), and $1,900 (2BD), leaving room for rental increases through strategic adjustments. With below-market rents, updated units, and desirable amenities, investors have a clear opportunity to enhance returns through continued modernization and proactive management. Seller Financing Not Available
| DAYS ON MARKET | 3 | LAST UPDATED | 5/17/2025 |
|---|---|---|---|
| YEAR BUILT | 1910 | COMMUNITY | Salt Lake City: Avenues Area |
| COUNTY | Salt Lake | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | None/Other |
|---|---|
| Jr. High School | None/Other |
| High School | None/Other |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | Salt Lake City: Avenues Area |
| HEAT | None |
| LOT | 6970 sq ft |
| LOT DIMENSIONS | 0.0x0.0x0.0 |
| STYLE | Stories: 2 |
| TAXES | 3442 |
| ZONING | 1205 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Pathway Properties, LLC
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