The Avenues · Investment Property
Investment Property in The Avenues
Real numbers before emotion, and I'll tell you when a deal is bad.
Investing in The Avenues, What You Get
The Avenues' historic housing stock includes older duplexes and smaller multi-unit buildings alongside single-family homes, and its closeness to downtown Salt Lake City keeps steady demand for the area. That combination is worth a look for an investor, with a clear-eyed read on what an older building actually costs to hold.
You get the real numbers before you write an offer, not after you close.
How Delia Bayna Delivers
Delia runs the cash flow, HOA, taxes, vacancy, and maintenance before you commit, and tells you plainly when a deal doesn't work. Her own words: "If a property doesn't cash flow after the HOA, the taxes, the vacancy, and the maintenance, I'll tell you before you write the offer, not after you close."
Our Process / What You Get
A search of Avenues properties that can genuinely support an investment case, an honest breakdown of what an older building costs to maintain, and support from offer through closing. See the full buying process on the how we help you buy page.
Investment Property Across the Avenues
Older duplexes and smaller multi-unit buildings scattered through the Avenues' historic housing stock are the properties worth evaluating first. Explore the Avenues for the full picture.
Frequently Asked Questions
Are there rental properties in the Avenues?
Yes, older duplexes and smaller multi-unit buildings are part of the Avenues' historic housing stock. Delia will help you evaluate the real numbers on a specific property.
What should I budget for on an older Avenues rental?
Maintenance on original systems tends to run higher than newer construction. Delia will walk through what that means for a specific property's numbers.
Will you tell me if a deal doesn't cash flow?
Yes, before you write the offer, not after you close.
Does the Avenues' historic district status affect what I can do with a rental?
Parts of the Avenues fall inside the Avenues Historic District, which can affect exterior changes. Delia will flag this on any specific property before you buy.
The Avenues
What investment property looks like in The Avenues
A historic, prestigious Salt Lake City neighborhood where longtime owners downsize without leaving.
The Avenues is one of Salt Lake City's oldest neighborhoods, first surveyed in the 1850s, with a housing stock that runs from historic homes built around the turn of the 20th century to new construction replacing older teardowns today.
Delia is deeply connected in the Avenues and Capitol Hill area, not just as the agent who works here but as someone with real local ties.
- The homes
- A mix of historic homes, largely from the late 1800s through the early 1900s, much of it inside the Avenues Historic District (National Register, 1980), alongside a current wave of teardown-and-rebuild new construction as owners replace older houses with newer ones on the same lots.
- Why people choose it
- Longtime owners who bought decades ago, raised their families, and built their lives and their network in the neighborhood. Delia's current business here is largely downsizing sellers who want to stay in the Avenues rather than leave it, moving from a large longtime home into a townhome or condo within the same neighborhood.
- Schools people ask about
- Not a driving factor for Delia's clients here, since her Avenues business is almost entirely downsizers whose kids are already grown.
- Getting around
- Sits on the lower slopes of the Wasatch Mountains northeast of downtown, bordered by South Temple Street to the south and Capitol Hill just across City Creek Canyon to the west.
- Nearby
- The Utah Governor's Mansion (603 E South Temple), the Cathedral of the Madeleine, Salt Lake City Cemetery, 11th Avenue Park, and Lindsey Gardens. Close to downtown Salt Lake City.
Investment Property: keep exploring
Ready to make your move with Delia Bayna?