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Well located 20-unit apartment community along Highland Drive in Holladay, one of Salt Lake County's most established and desirable residential submarkets. The property has benefited from recent capital improvements, with 13 of the 20 units renovated, providing immediate upside and strong tenant appeal. Holladay is known for its high household incomes, strong rental demand, and limited multifamily supply. The property offers excellent access to I-215, I-80, Downtown Salt Lake City, the University of Utah, Sugar House, and major employment centers, while being surrounded by mature neighborhoods, retail, dining, and everyday services. Renovated units feature updated interiors that attract long-term tenants, while the remaining units offer a clear path for continued renovations and future rent growth. The property's visibility along Highland Drive, combined with the strength of the Holladay market, supports durable cash flow and long-term appreciation. A compelling opportunity for investors seeking a core-plus / value-add multifamily asset in a high-barrier, supply-constrained Salt Lake County location.
| DAYS ON MARKET | 6 | LAST UPDATED | 12/12/2025 |
|---|---|---|---|
| YEAR BUILT | 1958 | COMMUNITY | Holladay; Millcreek |
| COUNTY | Salt Lake | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Crestview |
|---|---|
| Jr. High School | Wasatch |
| High School | Olympus |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | Holladay; Millcreek |
| HEAT | Central, Natural Gas |
| LOT | 1.06 acre(s) |
| LOT DIMENSIONS | 0.0x0.0x0.0 |
| PARKING | Covered |
| STYLE | Stories: 2 |
| TAXES | 21859 |
| UTILITIES | Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected |
| ZONING | RM |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Newmark Mountain West
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