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2233 S 500 E photo 11 / 30

$489,900

2233 S 500 E, Salt Lake City, UT 84106

Type

Townhouse

List Price

$489,900

Price/Sqft

$272

Est Gross Yield

6.3%

$30,624/yr est.

Property Details

Property typeTownhouse
Year built2001
Total units1
Living area1,799 sqft
Bedrooms3
Bathrooms2
Lot size0.01 acres
Parking2 spaces
Days on market0
Listed2026-07-29T00:00:00+00:00

Description

Highly desirable gated townhome in the heart of Sugar House! This beautifully updated 3-bedroom, 2-bath home features an attached 2-car garage and 1,799 square feet with vaulted ceilings, abundant natural light, and a third-story skylight. The open kitchen flows into the dining and living areas with a cozy gas fireplace. The spacious primary suite includes a walk-in closet and en-suite bath with a jetted tub. The loft is perfect for a home office. Recent improvements include a new roof, fresh designer paint, water heater, epoxy garage floors, and updated fixtures and finishes throughout. Enjoy a private, fully fenced, landscaped backyard with mature trees and roses. Appliances and window coverings are included, with a fully furnished option available. One block from the S-Line TRAX and Greenway Trail, with quick access to the University of Utah, downtown, and I-80. A rare opportunity to own a beautifully updated home in one of Salt Lake City's most sought-after neighborhoods.

Listed by Joseph Ellis · Flat Rate Homes

Location

2233 S 500 E, Salt Lake City, UT 84106

Proforma

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Cap Rate

4.16%

Cash-on-Cash

-1.39%

Cash Flow

-$212/mo

Purchase Price$489,900
Down Payment35% ($171,465)
Interest Rate6.00%
Monthly Rent$2,552/mo
Vacancy5%
Expense Ratio30% ($8,728)

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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, 7:18:09 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.