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243 S 800 E, 
Salt Lake City, UT 84102

$1,049,900


7

Beds


6

Baths


5,067

Sq Ft


Multi-Family

Pending

Listed by

Keaton Godfrey

Utah'S Wise Choice Real Estate

801-679-9474

Last updated:

October 24, 2026, 09:14 AM

MLS#

2190633

Source:

SL

About This Home

243 S 800 E

SELLER FINANCING AVAILABLE: 20% down, 6% rate, 30-year amortization, 3-year balloon (~$5,036/month P&I). Rare six-unit multifamily on a corner lot in the heart of Salt Lake City, sold as three contiguous parcels totaling approximately 0.24 acres. Built in 1926 and thoughtfully converted to six units: a studio, four one-bedrooms, and a large basement two-bedroom, approximately 5,067 square feet in all. The character carries through: hardwood floors in five units, fireplaces in Units 1 and 2, boiler heat with radiators in every unit, and updated baths in Units 1, 2 and 3. The two-bedroom basement apartment offers two walk-in closets and newer LVP flooring. Free shared laundry and a fenced yard are on site. Tenants pay their own electricity in Units 1 through 5; owner pays gas, water, sewer, garbage, and electricity for Unit 6 and common areas. The big-ticket items are already handled: roof and boiler approximately 6 years old, exterior paint approximately 2 years old, sewer line relined approximately 3 years ago, and water line replaced and upgraded. Ten off-street parking spaces, including 3 tandem bays, is a genuine rarity in this neighborhood. Three of the one-bedrooms are month-to-month and renting below market, with more than $11,000 a year in rent upside, giving a new owner the chance to immediately unlock equity within a highly desired downtown neighborhood. Two units are Section 8 with contracts a new owner can take over. The location sells itself: walk to Trolley Square, Whole Foods, and Trader Joe's, two blocks to TRAX, and minutes from the University of Utah. The zoning adds a second layer of opportunity: the building sits on RMF-30 multi-family zoning, while the two parcels fronting E Markea Ave are zoned SR-3, which allows for new residential construction. Today those back parcels carry the off-street parking and yard that serve the building. For a buyer willing to look ahead, they offer real long-term potential, and we encourage buyers to explore the possibilities with Salt Lake City. Sold as-is; please note foundation settling on the north side of the building; contact the listing agent for details and documentation. Sale includes three parcels: 16-05-163-025 (243 S 800 E, primary parcel), 16-05-163-026 (817 E Markea Ave) and 16-05-163-027 (821 E Markea Ave). Combined, the site offers approximately 147' of continuous frontage along E Markea Ave and 70.5' along 800 East. Unit 2, the studio, is the only unit available to show; all other units to be shown with an accepted offer. Property Summary, Unit Summaries, floor plans, rent roll, expense detail and repair bid available from the listing agent. Buyer & buyer's agent to verify zoning, development potential, square footage and all other information. DO NOT DISTURB TENANTS.

Home Facts

Multi-Family

6 Baths

7 Bedrooms

Built in 1926

Price Summary

1,049,900

$207 per Sq. Ft.

MLS #:

2190633

Last Updated:

October 24, 2026, 09:14 AM

Added:

17 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

6

Interior

Living Area:

5,067 Sq. Ft.


Structure

Structure

Building Area:

5,067 Sq. Ft.

Year Built:

1926


Lot

Lot Size (Sq. Ft):

10,454


Finances & Disclosures

Finances

Price:

$1,049,900

Price per Sq. Ft:

$207 per Sq. Ft.

Source:SL
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.