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186 M E ST photo 11 / 40
Single Family

$1,050,000

Reduced from $1,115,000 · today

186 M E ST, Salt Lake City, UT 84103

Type

SFR

List Price

$1.05M

Price/Sqft

$361

Est Gross Yield

4.1%

$43,452/yr est.

Property Details

Property typeSingle Family
Year built1906
Total units1
Living area2,907 sqft
Bedrooms4
Bathrooms4
Lot size0.05 acres
Days on market52
Listed2026-04-29T00:00:00+00:00

Description

COMPLETELY RENOVATED |FULLY PERMITTED | The Avenues This one checks every box. Fully permitted from top to bottom, this beautifully renovated home blends today's most coveted finishes with quality craftsmanship throughout. The open floor plan floods with natural light, creating a bright, airy feel the moment you walk in. Two primary bedrooms! One on the main level and one upstairs, offer rare flexibility and privacy for any lifestyle along with multi-generational living. The lower level impresses with high ceilings, generous space for a family room allowing for a kids' play area, and two large bedrooms. Out back, a private partially covered patio is ready for relaxing or entertaining. Then there's the LOCATION. You're in the heart of The Avenues, steps from neighborhood coffee shops and restaurants, and walkable to downtown Salt Lake City. Memory Grove, City Creek Canyon, Bonneville Boulevard, and nearby parks like Lindsey Gardens offer incredible trails for jogging, hiking, and biking right outside your door. SLC International Airport is roughly a 15-minute drive, and freeway access is a breeze. Homes like this... fully renovated, permitted, and positioned in one of Salt Lake's most walkable and beloved neighborhoods don't come along often. This is the one. There is a carport for a small vehicle.

Listed by Kamee Shrope · Engel & Volkers Salt Lake

Location

186 M E ST, Salt Lake City, UT 84103

Proforma

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Cap Rate

2.75%

Cash-on-Cash

-5.13%

Cash Flow

-$1,684/mo

Purchase Price$1,050,000
Down Payment35% ($367,500)
Interest Rate6.00%
Monthly Rent$3,621/mo
Vacancy5%
Expense Ratio30% ($12,384)

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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 6/20/2026, 8:11:47 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.