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2544 S 700 E photo 11 / 10

$575,000

2544 S 700 E, Millcreek, UT 84106

Units

2

Price/Unit

$287,500

Price/Sqft

$286

Est Gross Yield

7.7%

$44,472/yr est.

Property Details

Property typeDuplex
Year built1975
Total units2
Living area2,010 sqft
Bedrooms4
Bathrooms2
Lot size0.2 acres
Days on market0
Listed2026-06-19T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
2BR / 1BA1211,005$1,100/mo
2BR / 1BA1211,005$993/mo
Total2422,010$2,093/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

Incredible Sugar House DUPLEX investment opportunity and exceptional upside potential! Located in one of Salt Lake City's premier, high-demand rental markets, this property offers phenomenal walkability to vibrant local shopping, dining, Sugar House Park, and provides effortless commuting to Westminster University and the University of Utah. An ideal asset for a seasoned investor looking to maximize cash flow or an owner-occupant wanting a smart house-hack to offset their mortgage. Package deal opportunity: The adjacent 4-unit directly to the north (2540 S 700 E) is also for sale by the same owner, offering a rare chance to acquire a multi-building portfolio footprint in a prime location. Buyer to verify all listing details, current lease terms, utilities, and square footage. Do not miss this rare chance to secure a high-performing multi-family property in a prime SLC location!

Listed by Silvia T. Salguero-Huerta · TierOne Real Estate LLC

Location

2544 S 700 E, Millcreek, UT 84106

Proforma

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Cap Rate

5.14%

Cash-on-Cash

1.24%

Cash Flow

$224/mo

Purchase Price$575,000
Down Payment35% ($201,250)
Interest Rate6.00%
Monthly Rent$3,706/mo
Vacancy5%
Expense Ratio30% ($12,675)

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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 6/19/2026, 8:06:12 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.