8-Unit Fully Leased Multifamily Property

$1,300,000

127 W Mead Avenue, Salt Lake City, UT 84101

AVAILABILITY:

Active

LOT SIZE:

.24

PROPERTY TYPE:

Multifamily

year built:

1923

TRANSACTION TYPE:

BUILDING SIZE:

3600

APN/PARCEL ID:

BUILDING CLASS:

# of units

BROKERAGE OF RECORD:

PROPERTY HIGHLIGHTS

Property description

127 Mead Avenue is an eight-unit multifamily property centrally located in Salt Lake City, UT. This fully leased asset features all-studio apartments totaling 3,600 square feet, situated on a 0.24-acre lot. Built in 1923, the property is in an established neighborhood with convenient access to public transit, employment hubs, and local amenities. With leases staggered through 2025, investors benefit from steady rental income. The multifamily zoning and prime location offer a compelling investment opportunity in one of the nation’s fastest-growing rental markets.