Back to listings
1115 E GILMER DR photo 11 / 49
Single Family

$1,362,000

1115 E GILMER DR, Salt Lake City, UT 84105

Type

SFR

List Price

$1.36M

Price/Sqft

$444

Est Gross Yield

2.4%

$32,400/yr est.

Property Details

Property typeSingle Family
Year built1929
Total units1
Living area3,068 sqft
Bedrooms3
Bathrooms2
Lot size0.15 acres
Parking5 spaces
Days on market7
Listed2026-07-30T00:00:00+00:00

Description

Welcome to a timeless home at the entrance of Gilmer Park, one of Salt Lake City's most charming and historic neighborhoods. Just steps from the iconic Out of the Blue Whale and along the 9-Line bike/walking trail, this location offers a unique blend of creativity, community, and convenient walkability. Outside, a quaint and secluded backyard backs up to mature apricot, pear, apple, peach, and cherry trees. Inside, classic architectural details shine with a vaulted living room ceiling, a signature fireplace, and a functional layout that flows from the kitchen to a separate dining room and out onto a charming veranda overlooking Gilmer. The lower level expands the home's versatility with a bright, mostly finished space featuring high ceilings, a private entrance, a 3/4 bathroom, and accessible plumbing in place for a future kitchenette; ideal for a guest suite, rental opportunity, or multi-generational living. A rare tandem garage offers ample room for storage, a workshop, or creative use, while the private backyard provides a quiet retreat for relaxing or entertaining. Well cared for over the years, the home presents a great opportunity for a buyer to bring their own vision with updates such as house hacking, hardwood refinishing, and basement expansion, making it a rare chance to own a character-rich property in one of Salt Lake City's most vibrant pockets.

Listed by Mark Curry · EXP Realty, LLC

Location

1115 E GILMER DR, Salt Lake City, UT 84105

Proforma

Drag sliders to explore the deal

Cap Rate

1.58%

Cash-on-Cash

-8.25%

Cash Flow

-$3,512/mo

Purchase Price$1,362,000
Down Payment35% ($476,700)
Interest Rate6.00%
Monthly Rent$2,700/mo
Vacancy5%
Expense Ratio30% ($9,234)

Quick estimates only. Switch to Detailed for full line-item control.

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

DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.

© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 8/6/2026, 1:13:38 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.