bds
|
ba
|
sqft
ac lot
|
car garage
|
|
$845,000
-$42.0k
Originally listed at $887,000
MLS #2179520
Beds
8
Baths
4
Sq Ft
3,448
Lot
0.25 ac
Built
1981
About this home
This home for sale at 259 S MONTGOMERY ST Salt Lake City, UT 84104 has been listed at $845,000 and has been on the market for 13 days.
Full description
Excellent investment opportunity in a prime Salt Lake City location! This well-maintained four-unit property offers strong rental appeal with current rents ranging from $1,450$1,700 per unit. Each unit features an open floor plan, in-unit washer and dryer, and central A/C installed approximately two years ago. The property also includes Google Fiber internet, an irrigation system (currently set to minimum due to the drought), eight dedicated parking stalls, a newly paved parking lot, a private dumpster, and four private storage units, providing valuable amenities for tenants and additional appeal for future residents. Ideally located just 8 minutes from Salt Lake City International Airport and 7 minutes from downtown Salt Lake City, with convenient access to major roads, employment centers, dining, shopping, and entertainment (including the newly proposed Power District Ballpark) . A compelling opportunity for investors seeking a well-located multifamily property with desirable tenant amenities and strong long-term potential. Listing Agent (Camden) is the owner, so please give me a call with any questions 801-870-5814. Please do not disturb tenants.
Property highlights
- Excellent investment opportunity in a prime Salt Lake City location!
- This well-maintained four-unit property offers strong rental appeal with current rents ranging from $1,450$1,700 per unit. .
- Each unit features an open floor plan, in-unit washer and dryer, and central A/C installed approximately two years ago. .
- The property also includes Google Fiber internet, an irrigation system (currently set to minimum due to the drought), eight dedicated parking stalls, a newly paved parking lot, a private dumpster, and four private storage units, providing valuable amenities for tenants and additional appeal for future residents. .
- Ideally located just 8 minutes from Salt Lake City International Airport and 7 minutes from downtown Salt Lake City, with convenient access to major roads, employment centers, dining, shopping, and entertainment (including the newly proposed Power District Ballpark) . .
- A compelling opportunity for investors seeking a well-located multifamily property with desirable tenant amenities and strong long-term potential. .
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Start your searchProperty details
- Property Type
- Residential
- Sub-type
- Quadruplex
- Status
- Active
- Days on Market
- 13
- Bedrooms
- 8
- Bathrooms
- 4
- Year Built
- 1981
- Effective Year
- 2007
- Stories
- 0
- Living Area
- 3,448 sq ft
- Lot Size
- 0.25 acres
- Price/sqft
- $245.07
- Parking Total
- 8.00
- County
- Salt Lake
- City
- Salt Lake City
- Tax Annual
- $4,621
- Parcel #
- 15-03-260-023
- MLS Area
- Salt Lake City; Rose Park
- Listed By
- ABRAXIA REAL ESTATE, LLC
Building & construction
- Flooring
- Tile
Garage & parking
- Parking total
- 8.00
- Open parking
- 8.00
- Covered spaces
- 0.00
- RV parking
- 1.00
- Parking: Uncovered
Land description
- Fenced: Part
- Road: Paved
- Sprinkler: Auto-Full
Utilities
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Sewer: Public
- Water Connected
Additional features
Window features
- Blinds
Sewer
- Sewer: Connected
- Sewer: Public
Current use
- Residential
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Neighborhood
Walk · Transit · Bike
Most errands require a car. Some transit available. It's convenient to use a bike for a few trips.
Price History
Date
Price
Change
Change %
9/1/2026
$845,000
$245/sqft
-$42,000
-4.7%
8/19/2026
$887,000
$257/sqft
Listed
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Location
Salt Lake City, UT · approximate location
Listed by: Camden Smith · ABRAXIA REAL ESTATE, LLC. 801-372-2751.
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 Sep 22, 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: $845,000 — 62.5% above the median sale price.
Salt Lake City market — Residential
What homes are doing.
Latest data through August 2026.
Median sale price
$520,000
-9.3% year over year
Median days on market
20
0 days year over year
Sale-to-list ratio
97.9%
-0.65pp year over year
Homes sold last month
106
-129 year over year
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