Liberty Park
Nine-unit multifamily property in Salt Lake City's Liberty Park neighborhood, offered at $1,900,000 at a 5.04% cap. Built in 1967 and renovated in 2019, Liberty Park features updated interiors with dishwashers, on-site laundry, and nine off-street parking stalls across a 6,900 SF, three-story building on a 0.19-acre parcel. The property is 100% occupied and positioned for value-add upside through operational improvements and rental growth.
Located between the vibrant 9th & 9th District and the emerging Central 9th/Milk Block neighborhood, the property sits in one of Salt Lake City's most walkable and transit-accessible urban corridors. Residents enjoy immediate access to popular restaurants, cafés, breweries, and boutique shopping, with Liberty Park's 80 acres of green space just moments away. The location offers a Walk Score of 85 (Very Walkable), Bike Score of 90–99 (Biker's Paradise), and Transit Score of 52–57 (Good Transit). Downtown Salt Lake City, the University of Utah, and major employment centers including Intermountain Health are minutes away via TRAX light rail, bus routes, I-15, and I-80.
The surrounding neighborhoods have experienced significant growth in recent years, attracting students, young professionals, healthcare workers, and long-term residents. Strong rental demand, limited housing supply, and the area's walkability and transit accessibility support long-term occupancy stability while positioning the property to benefit from ongoing revitalization throughout Salt Lake City's urban core. Nearby amenities include Trolley Square (0.5 miles), Smith's Marketplace (0.7 miles), 9th & 9th District (0.7 miles), and the Family Center at East Downtown (0.4 miles).
- 100% occupied with updated unit interiors and dishwashers
- On-site laundry facilities and nine off-street parking stalls
- Walk Score 85, Bike Score 90–99, Transit Score 52–57
- Value-add opportunity through operational improvements and rental growth
- Prime location between 9th & 9th and Central 9th neighborhoods with immediate access to dining, retail, and entertainment
More property details
Features & amenities
Location & transit
Transit/Subway
Buses
Commuter Rail
Airport
Situated in one of Salt Lake City's most dynamic and sought-after urban corridors, between the vibrant 9th & 9th District and the emerging Central 9th/Milk Block neighborhood. Residents benefit from immediate access to popular restaurants, cafés, breweries, boutique shopping, and local entertainment, while remaining just minutes from Downtown Salt Lake City and the University of Utah. Liberty Park, Salt Lake City's largest urban park, is just moments away with over 80 acres of green space and recreational amenities.
- Walk Score 85 (Very Walkable),
- Bike Score 90-99 (Biker's Paradise),
- Transit Score 52-57 (Good Transit).
- Proximity to Trolley Square (0.5 mi), Smith's Marketplace (0.7 mi), 9th & 9th District (0.7 mi), Family Center at East Downtown (0.4 mi). Convenient access to I-15, I-80, Downtown Salt Lake City, University of Utah, and major employment centers.
Transit data provided by Google. Times and distances are estimates.
Additional details
- Well-maintained 9-unit multifamily property
- Located in highly desirable Liberty Park neighborhood
- Updated interiors with strong in-place occupancy
- Future upside potential through operational improvements
- Strong rental demand in Liberty Park submarket
- Limited housing supply in the area
- Proximity to major employment centers (Downtown SLC, University of Utah, Intermountain Health)
- Walkable, amenity-rich urban lifestyle
- Diverse tenant base supporting long-term occupancy stability
- Trolley Square (0.5 miles)
- Smith's Marketplace (0.7 miles)
- 9th & 9th District (0.7 miles)
- Family Center at East Downtown (0.4 miles)
- Via Vento Pizzarium
- Liberty Park
- Beans & Brew
- Atomic Biscuit
- Manoli's
Surrounding neighborhoods have experienced significant growth and investment in recent years, attracting diverse mix of students, young professionals, healthcare workers, and long-term residents. Area's walkability, transit accessibility, and diverse tenant base support long-term occupancy stability while positioning property to benefit from ongoing growth and redevelopment throughout Salt Lake City's urban core.