Salt Lake City Homes with Five-Plex Style

Salt Lake City Homes with Five-Plex Style

Welcome to Salt Lake City, Utah, a vibrant metropolis nestled between the breathtaking Wasatch Mountains and the stunning Great Salt Lake. Known for its rich history, diverse culture, and picturesque landscapes, Salt Lake City offers residents a unique blend of urban convenience and outdoor adventure. With its thriving economy, excellent schools, and a strong sense of community, it's no wonder that more people are choosing to call this city home.

One of the standout features of Salt Lake City’s real estate market is the availability of five-plex style homes. These multi-family dwellings are perfect for those looking to invest in property while enjoying the benefits of a close-knit community. Each unit in a five-plex typically offers spacious living areas, modern amenities, and the potential for rental income, making them an attractive option for both first-time buyers and seasoned investors.

Living in a five-plex in Salt Lake City means you're never far from the action. Enjoy easy access to downtown's eclectic dining, shopping, and entertainment options, or take a short drive to the nearby mountains for skiing, hiking, and breathtaking views. The city’s robust public transportation system makes commuting a breeze, while its friendly neighborhoods foster a welcoming atmosphere for families and individuals alike.

Whether you're drawn to the outdoor lifestyle, the cultural experiences, or the investment potential, Salt Lake City’s five-plex homes offer a remarkable opportunity to embrace all that this dynamic city has to offer. Discover your perfect home today and become part of the Salt Lake City community!

Newest Salt Lake City Homes with Five-Plex Style

163 S 600 E, Salt Lake City
$1,450,000
7 Beds ⋅ 7 Baths ⋅ 2195631 MLS
Proudly presented by Pride & Property Realty, an exceptional investment opportunity in the heart of Salt Lake City's desirable East Central neighborhood, ideally situated between Downtown Salt Lake City and the University of Utah. This charming 1904 Queen Anne Victorian offers five fully occupied apartments, combining historic architectural character with strong rental performance. Featuring over 5,000 square feet, the property includes four 1-bedroom residences and one spacious 3-bedroom, 3-bathroom apartment, providing a versatile and desirable unit mix. A standout feature is the stunning top-floor penthouse, a beautifully remodeled 1-bedroom, 1-bathroom residence with high-end finishes and two private patios with impressive views of Salt Lake City. The property generates $100,200 in annual scheduled rental income, with rents having increased approximately 43% since 2020. Additional highlights include six off-street parking spaces, separate electrical meters, shared laundry facilities, storage, private entrances, and the timeless appeal of a historic Victorian home. Major HVAC, plumbing, and electrical improvements were previously completed, blending classic character with modern functionality. The property's central location offers convenient access to the University of Utah, downtown employment, medical centers, restaurants, shopping, and public transportation. Whether you're expanding an existing portfolio or acquiring your first five-unit multifamily investment, this property presents a compelling opportunity to own a distinctive, income-producing asset in one of Salt Lake City's most established neighborhoods. Please do not disturb tenants.

163 S 600 E, Salt Lake City
821 W 800 S, Salt Lake City
$2,500,000
15 Beds ⋅ 13 Baths ⋅ 2186972 MLS
Rare opportunity to own an entire brand-new five-unit development near Downtown Salt Lake's vibrant Granary District! This contemporary property offers approximately 6,778 total square feet with 15 bedrooms, 15 bathrooms, and 4 private built-in garages. Unit 101 is the largest residence and features fully permitted ground-level commercial space with direct street access and storefront-style windows-ideal for a live/work owner, professional office, studio, boutique, or other approved business. Units 102105 share the same spacious residential floor plan, each offering three bedrooms, 2.5 bathrooms, open-concept living, quartz countertops, white shaker cabinetry, stainless-steel appliances, light-oak luxury vinyl plank flooring, and modern matte-black finishes. Perfect for investors seeking a turnkey five-plex with new construction, minimal immediate maintenance, multiple income streams, and a unique commercial component-all within minutes of Downtown Salt Lake, freeway access, public transportation, dining, shopping, and entertainment. Square footage figures are provided as a courtesy estimate only and were obtained from building plans. Buyer is advised to obtain an independent measurement.

821 W 800 S, Salt Lake City
235 W 400 N, Salt Lake City
$1,599,000
8 Beds ⋅ 5 Baths ⋅ 2176148 MLS
Exceptional investment opportunity in the heart of downtown Salt Lake City! This beautifully maintained 5-plex offers an ideal blend of timeless character and modern convenience in one of the city's most desirable rental locations. Just minutes from the vibrant downtown district, tenants will enjoy easy access to shopping, dining, entertainment, TRAX, and I-15, making commuting throughout the Salt Lake Valley effortless. The property is also conveniently located near Temple Square, the Utah State Capitol, and the Gateway entertainment district, with countless restaurants, coffee shops, parks, and cultural attractions nearby. Thoughtfully designed and well cared for, this multi-family property provides an attractive living experience for tenants while offering strong long-term investment potential. Whether you're looking to expand your portfolio or own a prime income-producing property in one of Utah's fastest-growing markets, this downtown 5-plex is an opportunity you won't want to miss.

235 W 400 N, Salt Lake City
128 S 1000 E, Salt Lake City
$1,600,000
7 Beds ⋅ 5 Baths ⋅ 2169501 MLS
This beautifully built, well maintained 5-Plex was once the home of the renowned artist Lewis A Ramsey.. Truly one-of-a-kind.. This 5-PLEX can seamlessly CONVERT into a 3 OR 4 PLEX, which creates a rare opportunity to obtain HIGHLY PREFERABLE

128 S 1000 E, Salt Lake City
201 N I St, Salt Lake City
$1,150,000
6 Beds ⋅ 5 Baths ⋅ 2164454 MLS
*Seller financing possible at 4.5% with $350K down.* Rare opportunity to own a well-maintained 5-Plex in Salt Lake City's desirable Avenues neighborhood. Just minutes from downtown, the University of Utah, hospitals, restaurants, shopping, and public transit, this property is ideally located for tenants who want to be close to work, school, and everything the city has to offer. The property has seen major updates, including new plumbing and electrical throughout, new windows and porch decking, along with other improvements that help reduce maintenance and keep the units attractive to renters. Its strong location has contributed to consistent tenant demand and low vacancy over the years. The Avenues continues to be one of Salt Lake City's most sought-after neighborhoods, making this an excellent opportunity for investors looking for a solid income-producing property with long-term upside. **Please do not disturb tenants. Showings require advance notice. Buyer to verify all information, including square footage.

201 N I St, Salt Lake City
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The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.
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