Prime 34-Unit Multi-family building just a half-block from Liberty Park. Positioned just a half-block from Salt Lake City's iconic Liberty Park, this turnkey 32-unit multifamily building with two ground-floor commercial units represents a rare trophy asset in a historically low-vacancy submarket. Designed to command top-of-market rents and maximize investor NOI, the property features a premium amenity package that ensures high tenant retention. Residents enjoy a secure, heated underground parking garage-a massive competitive advantage during Utah winters-with full elevator access to all levels. The building boasts a private, expansive second-floor courtyard offering a quiet urban oasis, alongside a state-of-the-art secure entry system for ultimate peace of mind. The two high-visibility commercial spaces capitalizes on vibrant neighborhood foot traffic, offering a diversified, robust revenue stream. Combining an unbeatable A+ location with institutional-grade features-including the heated garage, elevator access, and premium security-this generational asset is a standout addition to any sophisticated portfolio. Turnkey investment. Financial package and pro-forma available upon request
For sale
Price increase: $90K (6/11)
$12,990,000
1326 S 500 E, Salt Lake City, UT 84105
32beds
31baths
33,169sqft
Multi Family
Built in 2025
-- sqft lot
$-- Zestimate®
$392/sqft
$-- HOA
What's special
State-of-the-art secure entry systemPrivate expansive second-floor courtyardTwo high-visibility commercial spaces
- 71 days |
- 391 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
J. Scott Colemere 801-403-8565,
Colemere Realty Associates LLC,
Bryan Colemere 801-699-4266,
Colemere Realty Associates LLC
Source: UtahRealEstate.com,MLS#: 2163852
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 32
- Bathrooms: 31
Heating
- Central, >= 95% efficiency
Appliances
- Included: Disposal, Built In Dishwasher
Features
- Flooring: Tile
- Doors: Sliding Doors
- Windows: Full, Double Pane Windows
- Basement: Basement Entrance
- Has fireplace: No
Interior area
- Total structure area: 33,169
- Total interior livable area: 33,169 sqft
Video & virtual tour
Property
Parking
- Total spaces: 35
- Parking features: Covered, Secured, Secured Parking
- Garage spaces: 35
Accessibility
- Accessibility features: Accessible Elevator Installed, Accessible Entrance, Single Level Living
Features
- Patio & porch: Covered, Covered Patio
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.36 Acres
- Features: Corner Lot, Curb & Gutter, Sprinkler: Auto-Full, Drip Irrigation: Auto-Full
- Residential vegetation: Landscaping: Full
Details
- Parcel number: 1607459034
- Zoning: CN
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Stone, Stucco
- Roof: Flat,Membrane
Condition
- Blt./Standing
- New construction: No
- Year built: 2025
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer, Sewer: Public
- Water: Culinary
- Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Sidewalks
- Security: Building Security, Fire Alarm, Security Alarm, Security System
- Subdivision: Parkview
HOA
- Has HOA: No
Location
- Region: Salt Lake City
Financial & listing details
- Price per square foot: $392/sqft
- Tax assessed value: $5,085,780
- Annual tax amount: $27,222
- Date on market: 6/1/2026
- Listing terms: Cash,Conventional
- Inclusions: Dryer, Range, Refrigerator, Washer
- Acres allowed for irrigation: 0
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,057/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Price change | $12,990,000+0.7%$392/sqft |
Source:  UtahRealEstate.com #2163852 Report a problem | ||
| 6/9/2026 | Listed for sale | $12,900,000$389/sqft |
Source: UtahRealEstate.com #2163852 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $27,222 +185.5% | $2,946,142 +194.5% |
| 2024 | $9,534 +54.9% | $1,000,500 +60.7% |
| 2023 | $6,153 | $622,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Liberty Wells
Nearby schools
GreatSchools rating
- 8/10Whittier SchoolGrades: PK-6Distance: 0.5 mi
- 8/10Hillside Middle SchoolGrades: 7-8Distance: 2.9 mi
- 6/10Highland High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Whittier
- Middle: Hillside
- High: East
- District: Salt Lake
Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
