Under $500K Investment Properties for Sale in Salt Lake City, UT
303- 2 Bed
- 2 Bath
- 960 sft
313- 4 Bed
- 3 Bath
- 1798 sft
251- 2 Bed
- 2 Bath
- 1008 sft
458- 1 Bed
- 1 Bath
- 675 sft
Why Invest in Salt Lake City, Utah?
Salt Lake City offers strong investment opportunities in properties under $500K, particularly in neighborhoods like Central City and Rose Park where median prices remain accessible. Investors benefit from Utah's robust job growth driven by tech and finance sectors, supporting steady rental demand. Average cap rates around 5-6% and annual appreciation of 4-5% make these properties attractive for cash flow and long-term gains. Renter-occupied housing exceeds 50%, ensuring reliable occupancy in this growing urban market.
Frequently Asked Questions
Neighborhoods like Central City ($418K median), Rose Park ($445K), and Fairpark ($406K) offer the most options under $500K. These areas provide good access to downtown and employment centers. Investors find strong rental potential here.
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