Address
4345 S Highland Dr, Holladay, UT
Price
$ 2,400,000
Property Attributes
  • MLS#2151411
  • TypeMulti-Family
  • Listing Status Active
  • CountySALT LAKE
  • CityHolladay
  • AreaHolladay
  • NeighborhoodHIGHLAND
  • Zip84124
  • StyleStories: 2
  • Year Built1960
  • Taxes$ 9942
  • Price$ 2,400,000
  • Bedrooms14
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage7072
  • Lot Size0.36 Acres
Data Source:
Wasatch Front Regional MLS (WFRMLS)
Property Description

Marcus & Millichap is pleased to present this exclusive listing of a core+ multifamily asset in Salt Lake City's Holliday, one of the region's most resilient rental submarkets. The investment thesis is straightforward: in-place cash flow paired with clearly defined upside through natural tenant turnover and ancillary income strategies. In-place rents reflect a tenured resident base, with an average tenancy of approximately two and a half years, signaling stability while presenting a mark-to-market opportunity as units turn. The asset benefits from strong demographic tailwinds driven by Utah's sustained population growth and a widening mortgage-to-rent affordability gap that continues to push would-be buyers into the rental market. Do not disturb tenants. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement. Contact listing agent for financials or to schedule a tour.

Elementary School Middle School High School
Upland Terrace Elementary School Wasatch Middle School Olympus High School
Price History
4/17/2026 Listed $2,100,000

General Features

Living Area 7072.0
Zoning Multi-Family
Architectural Style Stories: 2
Year Built 1960
Property Subtype > 4 Units
Current Use Residential
County Salt Lake
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name HIGHLAND
Garage Y/N No
Status Active
High School Olympus
City Holladay
Senior Community Y/N No
High School District Granite
Zoning Description RM
Number Of Units Total 8
MLS Area Holladay; Millcreek
Lot Size Units Acres
Lot Size Square Feet 15681.6
Carport Spaces 8.0
Carport Y/N Yes
Elementary School Upland Terrace
Property Attached Y/N No
Tax Annual Amount 9942.0
Home Warranty Y/N No
Middle/Junior High School Wasatch
Property Condition Blt./Standing
Lease Considered Y/N No
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Granite
Elementary School District Granite
PostalCity Holladay
ADU No

Interior Features

Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Total Bedrooms 14
Total Baths 8

Exterior Features

Total Parking 8.0
Lot Size Area 0.36
Spa No
Building Area Total 7072.0
Lot Dimensions 0.0x0.0x0.0
Lot Size Acres 0.36
Frontage Length 0.0
Private Pool No
Waterfront Y/N No
Covered Spaces 8.0
RV Parking Dimensions 0.00
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 84124

Price
AVG $1.24M
$2.4M
Taxes
AVG $5,667
$9,942
Year Built
AVG 1965
1960
Visits
AVG 92
167
Data Provided by Inside Real Estate®

Your Agent

Lynn R. Morton

Sales Associate, REALTOR®

801-808-5867

Listed By
Marcus & Millichap Real Estate Investment Services, INC - 303-328-2050

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