About 141 E 1st Ave
Located in the heart of downtown Salt Lake City's Avenues neighborhood, Castle Heights Apartments is one of the cities most iconic multifamily buildings. 32-units just steps from Temple Square, City Creek, dining, employment, and public transit. The property includes 27 one-bedroom units, 4 studios, and 1 two-bedroom. Some interior cosmetic upgrades were completed in 2021, including new cabinets, countertops, and stainless steel appliance, but more work remains. Offered at UNDER $210,000 per unit, this is a compelling value-add opportunity in a premier, walkable downtown location with strong long-term upside.
Features of 141 E 1st Ave
| MLS® # | 2136339 |
|---|---|
| Price | $6,550,000 |
| Bedrooms | 30 |
| Bathrooms | 32.00 |
| Square Footage | 30,838 |
| Acres | 0.38 |
| Year Built | 1930 |
| Type | Residential |
| Sub-Type | > 4 Units |
| Style | High Rise |
| Status | Active |
Community Information
| Address | 141 E 1st Ave |
|---|---|
| Area | Salt Lake City: Avenues Area |
| City | Salt Lake City |
| County | Salt Lake |
| State | UT |
| Zip Code | 84103 |
Amenities
| Utilities | Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Parking | Covered, Parking: Uncovered |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Hardwood, Tile, Vinyl |
|---|---|
| Heating | Gas: Radiant |
| Fireplace | No |
Exterior
| Exterior Features | Entry (Foyer) |
|---|---|
| Lot Description | Road: Paved |
| Construction | Brick, Stone |
School Information
| District | Salt Lake |
|---|---|
| Elementary | Wasatch |
| Middle | Bryant |
| High | West |
Additional Information
| Date Listed | February 10th, 2026 |
|---|---|
| Days on Market | 212 |
| Zoning | Multi-Family |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Cory Waddoups |
|---|---|
| Office | Investment Realty Advisors LLC |
| Contact Info | 435-485-7070 |