Back to listings
1237 E 3800 S photo 11 / 41

$699,000

1237 E 3800 S, Millcreek, UT 84106

Units

2

Price/Unit

$349,500

Price/Sqft

$430

Est Gross Yield

6.4%

$44,472/yr est.

Property Details

Property typeDuplex
Year built1959
Total units2
Living area1,624 sqft
Bedrooms4
Bathrooms2
Lot size0.17 acres
Parking4 spaces
Days on market1
Listed2026-07-01T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
2BR / 1BA121812$1,350/mo
2BR / 1BA121812$1,395/mo
Total2421,624$2,745/mo

Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.

Description

Well-cared-for duplex located in a sought-after East Millcreek, known for its pride of ownership and attractive surroundings. This property presents a fantastic turnkey opportunity for both investors and owner-occupants. Both well-maintained units are clean, functional, and well-positioned to attract and retain quality tenants. The property also features two fully fenced yards, additional storage, amenities that enhance tenant satisfaction and support long-term occupancy. Both units are presently rented, east unit's leases ends in August (would like the option to renew) perfect for owner-occupied option or an investor. Over the past decade, numerous major improvements have been completed, helping to minimize maintenance concerns while preserving the property's long-term value. Updates include updated kitchens, bathrooms, carpet and paint. Roof is 15 years old and HAVC is 10. The location provides convenient access to shopping, restaurants, entertainment, St. Mark's Hospital, Westminster University, and the University of Utah. Commuters and outdoor enthusiasts will appreciate the quick connection to Parleys Canyon and an easy route to Park City. Salt Lake City International Airport is also easily accessible, adding to the property's convenience and desirability.

Listed by Marley Bramble · Coldwell Banker Realty (Salt Lake-Sugar House)

Location

1237 E 3800 S, Millcreek, UT 84106

Proforma

Drag sliders to explore the deal

Cap Rate

4.23%

Cash-on-Cash

-1.19%

Cash Flow

-$260/mo

Purchase Price$699,000
Down Payment35% ($244,650)
Interest Rate6.00%
Monthly Rent$3,706/mo
Vacancy5%
Expense Ratio30% ($12,675)

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 7/2/2026, 2:17:10 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.