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1068 E 3RD AVE, Salt Lake City, UT 84103
$1,125,000
1068 E 3RD AVE, Salt Lake City, UT 84103
Type
SFR
List Price
$1.13M
Price/Sqft
$364
Est Gross Yield
3.9%
$43,452/yr est.
Property Details
Description
This beautifully updated historic home in the coveted Avenues neighborhood blends timeless craftsmanship with modern living. Original woodwork, soaring ceilings, and elegant gathering spaces showcase the home's character, while the updated kitchen and remodeled bathrooms offer the comfort and convenience today's buyers expect. Enjoy your morning coffee in the bright sunroom or host friends on the spacious deck overlooking the fully fenced backyard with mature landscaping. Alley access provides exciting future potential for a garage or additional improvements. The finished walkout lower level offers exceptional versatility with its own living area; perfect for guests, multigenerational living, a private home office or studio, or the possibility of rental income. Just minutes from the University of Utah, downtown Salt Lake City, neighborhood parks, acclaimed restaurants, shopping, hiking trails, and public transportation, this location offers the best of historic charm and urban convenience with outstanding walkability. Homes that combine authentic historic character, thoughtful updates, flexible living space, and one of Salt Lake City's most desirable locations rarely become available. This is a unique opportunity to own a home that is as timeless as it is functional. Ask about the rental income possibility from the basement rental.
Listed by Joshua Sterling · RE/MAX Associates
Location
1068 E 3RD AVE, Salt Lake City, UT 84103
Proforma
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Cap Rate
2.57%
Cash-on-Cash
-5.62%
Cash Flow
-$1,976/mo
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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 8/5/2026, 11:07:36 PM. 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.