For sale

$6,550,000

141 E 1st Ave, Salt Lake City, UT 84103

30beds

32baths

30,838sqft

$39,685/mo

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Multi Family

Built in 1930

-- sqft lot

$-- Zestimate^®

$212/sqft

$-- HOA

What's special

New cabinets

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.

180 days

268

17

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 30
Bathrooms: 32

Heating

Gas Radiant

Features

Flooring: Carpet, Hardwood, Tile, Vinyl
Has fireplace: No

Interior area

Total structure area: 30,838
Total interior livable area: 30,838 sqft

Property

Parking

Parking features: Covered, Open
Has uncovered spaces: Yes

Features

Exterior features: Entry (Foyer)

Lot

Size: 0.38 Acres
Residential vegetation: Xeriscaped

Details

Additional structures: Storage Shed(s)
Parcel number: 0931379018
Zoning: RMF-75
Zoning description: Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick, Stone

Condition

Blt./Standing
New construction: No
Year built: 1930
Major remodel year: 2002

Utilities & green energy

Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Salt Lake City

Financial & listing details

Price per square foot: $212/sqft
Annual tax amount: $30,739
Date on market: 2/10/2026
Listing terms: Cash,Conventional,1031 Exchange
Inclusions: Dryer, Microwave, Range, Refrigerator, Storage Shed(s), 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

$1,680/mo

Price history

Date	Event	Price
4/14/2026	Price change	$6,550,000-2.2%$212/sqft
Source: UtahRealEstate.com #2136339 Report a problem
3/13/2026	Price change	$6,700,000-2.9%$217/sqft
Source: UtahRealEstate.com #2136339 Report a problem
2/10/2026	Listed for sale	$6,900,000$224/sqft
Source: UtahRealEstate.com #2136339 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: Greater Avenues

Getting around

83 / 100

Very Walkable

67 / 100

Good Transit

83 / 100

Very Bikeable

Nearby schools

GreatSchools rating

8/10
Ensign School
Grades: PK-6Distance: 1.3 mi
5/10
West High School
Grades: 7-12Distance: 0.9 mi
6/10
Salt Lake Center for Science Education Bryant
Grades: 7-8Distance: 0.9 mi

Schools provided by the listing agent

Elementary: Wasatch
Middle: Bryant
High: West
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.