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60 E St, Salt Lake City, UT, 84103

12beds
7baths
6,620sqft
$1,949,999
$295price/sqft
$11,521/moest. monthly cost
$460,840/yrincome needed

About This Home

Introducing The SULA, a rare opportunity to own a 7-unit multifamily property in the highly sought-after Avenues neighborhood, just moments from the University of Utah, City Creek Canyon and within walking distance to downtown Salt Lake City. Rich in character, this historic gem showcases timeless architecture that stands out in one of the city's most vibrant urban settings. Tenants are consistently drawn to the property's blend of classic charm and thoughtful modern updates. These units feature unique touches such as hardwood floors, original fireplaces, exposed brick accents, and high ceilings that create an open, inviting atmosphere. Select units offer private balconies. Updated kitchens and bathrooms provide contemporary comfort and functionality. The property is fully leased with quality tenants in place, offering immediate income stability. Amenities include fire escapes where required, in-unit washer and dryers in three units, and dishwashers in five units-enhancing tenant convenience and appeal. A distinctive investment property that seamlessly combines historic elegance with modern livability-The SULA is as stylish as it is smart. Cap Rate of 5.7%

Getting Around

87
WalkingVery Walkable
60
TransitGood Transit
86
BikeVery Bikeable

Schools

6/10
Wasatch SchoolGrades K-61.0 mi
5/10
West High SchoolGrades 7-121.3 mi

Construction

Condition

  • Property condition: Blt./Standing
  • Year built: 1906

Materials

  • Roof: Flat
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 1985

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Disposal,Gas Oven,Built In Dishwasher
  • Laundry features: Gas Dryer Hookup

Basement

  • Basement: Basement Entrance

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 7

Features

  • Window features: Blinds,Part,Bay Window(s)
  • Flooring: Carpet,Hardwood,Tile
  • Fireplace features: Gas Log

Heating

  • Heating features: Forced Air,Central

Interior Area

  • Total structure area: 6,620
  • Total interior livable area: 6,620 sqft

Property

Details

  • Parcel number: 0931480010
  • Zoning description: Multi-Family

Features

  • Levels: Two
  • Patio & porch: Covered,Covered Patio
  • Exterior features: Balcony,Entry (Foyer),Lighting
  • Residential vegetation: Landscaping: Full

Lot

  • Lot size: 4,791 sqft
  • Lot size dimensions: 0.0 x 0.0 x 0.0

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Winter Weather

FEMA Declared Disasters Across Utah Counties

Fire
Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,860$118,320
Home Insurance $448$5,376
Property Taxes $812$9,744
Electricity $401$4,821
Total$11,521$138,252

Income You'd Need if You Spent...

35% on housing$395,005/yr
40% on housing$345,630/yr
45% on housing$307,226/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 0.9%
0.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.9%
0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$295This listing

vs Other Active Listings

Avg $/sqft

ZIP 84103$265
Salt Lake County$208

vs Homes Sold Last Month

Median $/sqft

ZIP 84103$357
Salt Lake County$248

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-08Price change$1,999,999
2026-05-08Price change$1,875
2026-05-02Listed for rent$1,900
2026-04-06Listed for sale$2,050,000
2022-08-13Listing removed$3,250,000
2022-07-13Listed for sale$3,250,000
2019-09-09Listing removed$1,675
2019-08-23Price change$1,675
2019-08-09Listed for rent$1,750
2019-01-04Listing removed$1,750
2019-01-02Listed for rent$1,750
2018-08-17Listing removed$1,750
2018-07-17Price change$1,750
2018-06-29Listed for rent$1,700
2018-05-25Listing removed$1,700
2018-05-05Price change$1,700
2018-04-23Price change$1,800
2018-04-02Listed for rent$1,900
2017-03-13Listing removed$1,800
2017-02-11Listed for rent$1,800

For Sale by Agent

AgentMatthew Sprunt
BrokerageUtah Home Central

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