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1046 S LINCOLN photo 11 / 35
Single FamilyADU

$1,295,000

1046 S LINCOLN, Salt Lake City, UT 84105

Type

SFR

List Price

$1.29M

Price/Sqft

$459

Est Gross Yield

3.0%

$39,144/yr est.

Property Details

Property typeSingle Family
Year built1907
Total units1
Living area2,821 sqft
Bedrooms5
Bathrooms3
Lot size0.1 acres
Parking2 spaces
Days on market31
Listed2026-07-06T00:00:00+00:00

Description

BACK ON MARKET. Don't miss out on this amazing 9th & 9th opportunity again!! Two fully renovated homes, one incredible 9th & 9th address. Set on a flat corner lot in the Belmont neighborhood, this rare offering pairs a beautifully restored 3 bedroom 2 bath 1907 Victorian with a detached 2 bed / 1 bath accessory home - each with its own entrance and separate gas and electric meters. The main house delivers an open floorplan with light-filled living spaces, anchored by a remodeled galley kitchen with gas range and a private upstairs primary suite featuring a marble walk-in shower, dual vanities, and a walk-in closet. Vaulted ceilings, marble countertops, LVP flooring, smart thermostats, and an updated main-floor full bath round out the interior. Out back, 938 E Herbert Ave. offers a full kitchen and flexible living space - ideal for rental income, multigenerational living, guests, or a dedicated home office. Multi-family zoning and the walkable 9th & 9th location - minutes to the University of Utah, Westminster, Sugar House, and downtown - make this a standout for owner-occupants and investors alike.

Listed by Michael Diamond · Coldwell Banker Realty (Park City-Newpark)

Location

1046 S LINCOLN, Salt Lake City, UT 84105

Proforma

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Cap Rate

2.01%

Cash-on-Cash

-7.11%

Cash Flow

-$2,877/mo

Purchase Price$1,295,000
Down Payment35% ($453,250)
Interest Rate6.00%
Monthly Rent$3,262/mo
Vacancy5%
Expense Ratio30% ($11,156)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 8/6/2026, 9:25:04 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.