Salt Lake Homes with Five-Plex Style

Welcome to Salt Lake County, a vibrant gem nestled in the heart of Utah! Known for its stunning mountain vistas and rich cultural tapestry, this area offers an incredible blend of outdoor adventure and urban convenience. Salt Lake City, the county seat, is renowned for its picturesque landscapes, thriving arts scene, and a strong sense of community. With proximity to world-class ski resorts, hiking trails, and the Great Salt Lake, residents enjoy a lifestyle that harmonizes nature with city living.

For those seeking unique investment opportunities, Salt Lake County presents an enticing option: five-plex style homes. These multi-family residences are perfect for both seasoned investors and first-time buyers looking to generate rental income. Each five-plex typically consists of five separate living units, providing a fantastic opportunity to maximize your return on investment while contributing to the community's housing needs.

Imagine owning a charming five-plex in a neighborhood that boasts tree-lined streets, local coffee shops, and parks just a stone's throw away. These homes not only offer ample living space but also foster a sense of community among residents. With Salt Lake City's growing population and demand for rental properties, investing in a five-plex can be a savvy choice.

Whether you're drawn to the natural beauty, the cultural vibrancy, or the investment potential, Salt Lake County is the perfect place to call home. Explore the diverse offerings of five-plex properties and discover how you can be part of this thriving community today!

Newest Salt Lake Homes with Five-Plex Style

$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

$1,900,000

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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