4345 S Highland Dr, Holladay, UT 84124

$2,400,000
14
BD
8
BA
7,072
SqFt

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List Price
$2,400,000
Status
ACTIVE
MLS#
2151411
Days on Market
100
Price Change
▲ $300,000 1780620584
Year Built
1960
Bedrooms
14
Bathrooms
8
Square Feet
7,072
Parcel Number
22-04-252-005
Acres
0.36
County
Salt Lake
Region
Holladay; Millcreek
Subdivision
Highland

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.

Additional Information

Taxes
$9,942
School District
Granite
Elementary School
Upland Terrace
Middle School
Wasatch
High School
Olympus
Style
Stories: 2
Living Area
7,072

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Listing courtesy of Marcus & Millichap Real Estate Investment Services of Atlanta, INC.

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