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1158 W LAFAYETTE N DR photo 11 / 23
Single FamilyADU Potential

$505,000

Reduced from $515,000 · 2 days ago

1158 W LAFAYETTE N DR, Salt Lake City, UT 84116

Type

SFR

List Price

$505,000

Price/Sqft

$312

Est Gross Yield

5.1%

$25,956/yr est.

Property Details

Property typeSingle Family
Year built1947
Total units1
Living area1,619 sqft
Bedrooms3
Bathrooms2
Lot size0.13 acres
Parking4 spaces
Days on market36
Listed2026-06-23T00:00:00+00:00

Description

$$10K Price Reduction!! Move in Ready - Brand new Roof! Welcome home to this charming 3-bedroom, 2-bath brick rambler in the heart of Rose Park. This updated home features new flooring, fresh paint, and remodeled kitchen and baths. The fully finished basement with kitchenette adds valuable living space and offers excellent potential for a basement apartment, mother-in-law setup, or rental opportunity. Step outside to enjoy a fully fenced, private backyard with mature trees & covered patio. Additional highlights include an attached carport, detached garage with an extra workshop space in the back, as well as an additional storage shed. This charming, established neighborhood is known for its community feel, and is conveniently located near schools, parks, churches, and Smith's Food and Drug. Easy access to downtown Salt Lake City and major freeways. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.

Listed by Whitney Hepworth · Four Winds Realty LLC

Location

1158 W LAFAYETTE N DR, Salt Lake City, UT 84116

Proforma

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Cap Rate

3.42%

Cash-on-Cash

-3.36%

Cash Flow

-$530/mo

Purchase Price$505,000
Down Payment35% ($176,750)
Interest Rate6.00%
Monthly Rent$2,163/mo
Vacancy5%
Expense Ratio30% ($7,397)

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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 7/29/2026, 7:19:29 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.