1127 S TEMPLE, Salt Lake City, UT 84102
10BD/—BA Residential in Salt Lake City, UT 84102. 7,607 sqft. Built 1906. Listed at $2,695,000. MLS #2153723.
10BD/—BA Residential in Salt Lake City, UT 84102. 7,607 sqft. Built 1906. Listed at $2,695,000. MLS #2153723.
$2,695,000
100% rented turnkey 8-unit multifamily investment located on historic South Temple. This Tudor-style property underwent a FULL renovation in 2022, including all new electrical and plumbing throughout, remodeled kitchens and bathrooms, updated cabinetry, tile backsplashes, fresh paint, and high-efficiency mini-split HVAC systems in all units. Additional third-floor studio space and basement area provide future upside potential (buyer to verify). Prime location near downtown Salt Lake City and the University of Utah with long-term rental stability. Owner/Agent.
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 3
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.31 sq ft
Condition
Blt./Standing
MLS #
2153723
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 3
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.31 sq ft
Condition
Blt./Standing
MLS #
2153723
List Price
$2,695,000
Annual Taxes
$12,169
Home Warranty
No
List Price
$2,695,000
Annual Taxes
$12,169
Home Warranty
No
Heating
Electric
Roof
Asphalt
Flooring
Hardwood,Tile
Materials
Brick
Patio & Porch
Covered
Water Source
Private
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Electric
Roof
Asphalt
Flooring
Hardwood,Tile
Materials
Brick
Patio & Porch
Covered
Water Source
Private
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
4
Covered Spaces
4
Total Parking
12
Garage Spaces
4
Covered Spaces
4
Total Parking
12
Classification
Standard
Deal Score
10/100
vs Similar Homes
52% above
vs Market Median
10% above
Area Growth (YoY)
-0.8%
Deal Score Breakdown
10/100
Priced 52% above the median of similar listings
Priced 10% above the per-subtype city median
-0.8% year-over-year ZHVI growth in this area
STR net cashflow -$12,437/mo (-69.0% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Est. Annual Revenue
$96,005/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$12,436 /mo (−$149,238/yr)
Monthly STR income
Monthly ownership cost
Coverage
44%
Net /mo
−$12,437
DSCR
0.42
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$570,000
+373% vs median
57 days
615
$184,000 – $7,995,000
$12,169
High Crime
28.7
per 1,000
83.9
per 1,000
34.5
per 1,000
147.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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Daryn Edmunds - High Road Properties

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor
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