About 1326 S 500 E
Prime 34-Unit Multi-family building just a half-block from Liberty Park. Positioned just a half-block from Salt Lake City's iconic Liberty Park, this turnkey 32-unit multifamily building with two ground-floor commercial units represents a rare trophy asset in a historically low-vacancy submarket. Designed to command top-of-market rents and maximize investor NOI, the property features a premium amenity package that ensures high tenant retention. Residents enjoy a secure, heated underground parking garage-a massive competitive advantage during Utah winters-with full elevator access to all levels. The building boasts a private, expansive second-floor courtyard offering a quiet urban oasis, alongside a state-of-the-art secure entry system for ultimate peace of mind. The two high-visibility commercial spaces capitalizes on vibrant neighborhood foot traffic, offering a diversified, robust revenue stream. Combining an unbeatable A+ location with institutional-grade features-including the heated garage, elevator access, and premium security-this generational asset is a standout addition to any sophisticated portfolio. Turnkey investment. Financial package and pro-forma available upon request
Features of 1326 S 500 E
| MLS® # | 2163852 |
|---|---|
| Price | $12,990,000 |
| Bedrooms | 32 |
| Bathrooms | 31.00 |
| Square Footage | 33,169 |
| Acres | 0.36 |
| Year Built | 2025 |
| Type | Residential |
| Sub-Type | > 4 Units |
| Style | High Rise |
| Status | Active |
Community Information
| Address | 1326 S 500 E |
|---|---|
| Area | Salt Lake City; So. Salt Lake |
| Subdivision | PARKVIEW |
| City | Salt Lake City |
| County | Salt Lake |
| State | UT |
| Zip Code | 84105 |
Amenities
| Utilities | Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected |
|---|---|
| Parking | Covered, Secured |
| # of Garages | 35 |
| View | Mountain(s) |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Tile |
|---|---|
| Interior Features | Alarm: Fire, Alarm: Security, Disposal, Dishwasher: Built-In |
| Heating | Gas: Central, >= 95% efficiency |
| Fireplace | No |
Exterior
| Exterior Features | Basement Entrance, Double Pane Windows, Patio: Covered, Secured Building, Secured Parking, Sliding Glass Doors |
|---|---|
| Lot Description | Corner Lot, Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, View: Mountain, Drip Irrigation: Auto-Full |
| Windows | Full |
| Roof | Flat, Membrane |
| Construction | Brick, Stone, Stucco |
School Information
| District | Salt Lake |
|---|---|
| Elementary | Whittier |
| Middle | Hillside |
| High | East |
Additional Information
| Date Listed | June 9th, 2026 |
|---|---|
| Days on Market | 60 |
| Zoning | Multi-Family |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | J. Scott Colemere |
|---|---|
| Office | Colemere Realty Associates LLC |
| Contact Info | 801-272-8192 |