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2212 E 4500 S photo 11 / 85
ADU Potential

$1,650,000

2212 E 4500 S, Salt Lake City, UT 84117

Units

3

Price/Unit

$550,000

Price/Sqft

$434

Est Gross Yield

3.6%

$59,232/yr est.

Property Details

Property typeTriplex
Year built1947
Total units3
Living area3,798 sqft
Bedrooms6
Bathrooms4
Lot size0.6 acres
Parking12 spaces
Days on market40
Listed2026-05-15T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
3BR / 2BA1322,272
2BR / 1BA121882
1BR / 1BA111644
Total3643,798

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

3 separate detached single family homes on 0.60 acres. Nestled in the heart of coveted Holladay, this rare multifamily homestead offers an extraordinary blend of comfort, functionality, sustainability, and breathtaking views of Mount Olympus. Thoughtfully designed and carefully maintained, this one-of-a-kind property provides endless possibilities for multigenerational living, rental income, hobby farming, or creating your own private compound. The main residence features two bedrooms on the upper level along with a fully equipped mother-in-law apartment in the basement, offering flexible living arrangements. An attached garage is complemented by an impressive detached four-car garage/workshop, perfect for storage, projects, or recreational vehicles. Sustainable living is front and center with solar power installed on both the main home and a separate standalone structure toward the rear of the property. Garden enthusiasts will fall in love with the glass greenhouse, numerous raised garden beds, expansive garden spaces, and three established bee hives that make this property a true horticultural paradise. A charming courtyard gazebo creates the perfect setting for entertaining guests or relaxing in the cool evening breeze beneath the mountain backdrop. The second home offers two bedrooms, one bathroom, and its own spacious three-car garage, while the third residence is a cozy one-bedroom, one-bath cottage ideal for guests, rental opportunities, or a private retreat. With newer updates and improvements throughout all three residences, this exceptional property combines modern convenience with homestead charm in one of Holladay's most desirable locations. Opportunities like this are incredibly rare - don't miss your chance to own this remarkable Holladay homestead.

Listed by Scott Simpson · Summit Sotheby's International Realty

Location

2212 E 4500 S, Salt Lake City, UT 84117

Proforma

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Cap Rate

2.39%

Cash-on-Cash

-6.10%

Cash Flow

-$3,148/mo

Purchase Price$1,650,000
Down Payment35% ($577,500)
Interest Rate6.00%
Monthly Rent$4,936/mo
Vacancy5%
Expense Ratio30% ($16,881)

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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 6/24/2026, 11:47:18 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.