Salt Lake City Homes with Five-Plex Style

Welcome to Salt Lake City, Utah—a vibrant urban oasis nestled against the stunning backdrop of the Wasatch Mountains. Known for its rich history, cultural diversity, and outdoor recreational opportunities, Salt Lake City is a place where modern living meets breathtaking natural beauty. As the state capital, it boasts a thriving economy, excellent schools, and a welcoming community, making it an ideal destination for families, young professionals, and retirees alike.

One of the unique housing options in this dynamic city is the five-plex style home. These multi-unit residences offer a fantastic opportunity for both investors and homeowners seeking to maximize their living space. With five individual units, these properties provide the perfect blend of community and privacy, allowing residents to enjoy the benefits of shared living while maintaining their independence. Imagine living in a vibrant neighborhood where you can connect with your neighbors, all while having the option to rent out units for additional income.

Salt Lake City’s five-plex homes are strategically located near essential amenities, including shopping centers, parks, and public transportation, ensuring that you have everything you need right at your fingertips. The area’s diverse architecture reflects the city’s rich heritage, with modern designs complemented by classic influences.

Whether you’re looking to invest in a multi-family property or seeking a home with unique living arrangements, Salt Lake City’s five-plex style homes offer an exciting opportunity to be part of a thriving community. Discover the perfect blend of urban convenience and mountain adventure—your dream home awaits in Salt Lake City!

Newest Salt Lake City Homes with Five-Plex Style

$1,750,000

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

$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

$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

$1,899,000

10 Beds ⋅ 5 Baths ⋅ 2135108 MLS

PREMIUM TURN-KEY MULTIFAMILY INVESTMENT. Thoughtfully restored and extensively improved, this unique 5-plex stands apart from typical multifamily offerings by combining historic character with modern systems, quality finishes, and true turn-key operation. Situated in a highly desirable Eastside Downtown Salt Lake City location near the University of Utah, TRAX, and major employment centers, the property benefits from consistent demand among students, working professionals, and long-term residents seeking quality housing in one of Salt Lake City's most convenient locations. Each of the five apartments features two bedrooms, one full bathroom, a comfortable living area, and dining space. All units have been upgraded with remote-controlled mini-split heating and cooling systems, providing individual climate control in every room. Residents enjoy private front porches or decks, a shared rear patio, on-site laundry facilities, and designated parking. Current rents have remained largely unchanged for several years, providing potential future upside while maintaining exceptional occupancy and tenant retention. Extensive improvements and upgrades to the property's interior and infrastructure have significantly reduced future maintenance concerns and costs, creating an attractive ownership experience for investors who prefer managing an asset rather than a renovation project. Combined with a strong occupancy history, this property offers a rare blend of stability, quality, and long-term investment potential. Listing agent is related to Seller.

937 E 300 S, Salt Lake City

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