MLS #2136339
About this home
This home for sale at 141 E 1ST AVE Salt Lake City, UT 84103 has been listed at $6,900,000 and has been on the market for 248 days.
Full description
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 $215,625 per unit, this is a compelling value-add opportunity in a premier, walkable downtown location with strong long-term upside.
Property details
- Property Type
- Residential
- Sub-type
- > 4 Units
- Status
- Active
- Days on Market
- 248
- Bedrooms
- 30
- Bathrooms
- 32
- Year Built
- 1930
- Effective Year
- 2002
- Living Area
- 30,838 sq ft
- Lot Size
- 0.38 acres
- Price/sqft
- $223.75
- County
- Salt Lake
- City
- Salt Lake City
- Zoning
- Multi-Family
- Tax Annual
- $30,739
- Preferred Financing
- Cash, Conventional, Exchange
- Parcel #
- 09-31-379-018
- MLS Area
- Salt Lake City: Avenues Area
- Listed By
- Investment Realty Advisors LLC
Inclusions
- Dryer
- Microwave
- Range
- Refrigerator
- Storage Shed(s)
- Washer
Exterior features
- Entry (Foyer)
Building, systems & basement
- Construction
- Brick, Stone
- Flooring
- Carpet, Hardwood, Tile, Vinyl
- Heating
- Gas: Radiant
Garage & parking
- Covered
- Parking: Uncovered
Land description
- Road: Paved
Utilities
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Water Connected
Additional features
- Sewer: Connected
- Storage Shed(s)
- Residential
Schedule a Tour with a Buyer’s Agent
Location
Salt Lake City, UT · approximate location
Schools
Neighborhood
Walk · Transit · Bike
Most errands can be accomplished on foot. Strong transit options available. Most trips are convenient by bike.
Price History
Mortgage calculator
- Principal & interest
- Property tax
- Home insurance
- HOA fees
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Listed by: Cory Waddoups · Investment Realty Advisors LLC. 435-485-7070.
Source: UtahRealEstate.com.
Information deemed reliable but not guaranteed. All measurements and calculations of area should be independently verified.
Based on information from UtahRealEstate.com as of Oct 16, 2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Publisher's notice: All real estate advertised herein is subject to the Federal Fair Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.
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Salt Lake City market context
How this property sits against recent sales in the area.
This listing: $6,900,000 — 1,169.5% above the median sale price.
Salt Lake City market — Residential
What homes are doing.
Latest data through September 2026.
Median sale price
$543,500
-2.1% year over year
Median days on market
15
-21 days year over year
Sale-to-list ratio
98.7%
+0.33pp year over year
Homes sold in September
117
-121 year over year
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