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3239 E 3900 S photo 11 / 18
Single FamilyADU Potential

$899,900

Reduced from $909,900 · 1 day ago

3239 E 3900 S, Salt Lake City, UT 84124

Type

SFR

List Price

$899,900

Price/Sqft

$387

Est Gross Yield

3.6%

$32,496/yr est.

Property Details

Property typeSingle Family
Year built1955
Total units1
Living area2,324 sqft
Bedrooms3
Bathrooms3
Lot size0.37 acres
Parking3 spaces
Days on market71
Listed2026-05-26T00:00:00+00:00

Description

PRICE REDUCED $30,000 - MOTIVATED SELLER! Nestled in one of East Millcreek's most sought-after neighborhoods, this well-maintained 4-bedroom (includes 1 studio), 2.5-bathroom home boasts breathtaking views of Mt. Olympus from both the front and back yards. The versatile basement offers incredible flexibility for an Accessory Dwelling Unit (ADU)-ideal for income potential or multi-generational living on Lot 1 (0.188 acres). In addition, buyers have the rare opportunity to apply for city approval on a second lot (Lot 2 - 0.184 acres) to build an additional single-family home; both lots have already received preliminary approval under city zoning! Enjoy prime convenience with walking distance to Morningside Elementary, Wasatch Junior High, and Skyline High School. Steps from Olympus Hills Park and minutes from Millcreek and Cottonwood Canyons, Downtown Salt Lake, and the U of U with easy access to I-215 and I-80. Move-in ready home with spectacular views, top-tier schools, and remarkable investment upside! Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer to verify all.

Listed by Bill Jiang · Equity Real Estate (Premier Elite)

Location

3239 E 3900 S, Salt Lake City, UT 84124

Proforma

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Cap Rate

2.40%

Cash-on-Cash

-6.07%

Cash Flow

-$1,706/mo

Purchase Price$899,900
Down Payment35% ($314,965)
Interest Rate6.00%
Monthly Rent$2,708/mo
Vacancy5%
Expense Ratio30% ($9,261)

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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 8/5/2026, 9:17:31 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.