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3239 E 3900 S photo 11 / 18
Single FamilyADU Potential

$929,900

3239 E 3900 S, Salt Lake City, UT 84124

Type

SFR

List Price

$929,900

Price/Sqft

$400

Est Gross Yield

3.5%

$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 market24
Listed2026-05-26T00:00:00+00:00

Description

Well-maintained 4-bedroom (1 studio), 2.5-bathroom single-family home is nestled in one of East Millcreek's most sought-after neighborhoods. Enjoy breathtaking views of Mt. Olympus from both the front and back yards - a truly spectacular backdrop for everyday living.The versatile basement is ideal for use as an Accessory Dwelling Unit (ADU), offering excellent income potential or multi-generational living flexibility in the Lot1(0.188 acres). Additionally, the buyers have the opportunity to apply for city approval for a second lot (Lot2 - 0.184 acres), presenting a rare chance to build an additional single-family home on the property. The Lot1 and Lot2 both have received preliminary approval by City's zoning. Prime Location Highlights:Walking distance to Morningside Elementary, Wasatch Junior High, and Skyline High School; Steps from Olympus Hills Park with walking trails, tennis courts, open fields, and a playground; Quick access to Millcreek Canyon, Big and Little Cottonwood Canyons, the University of Utah, and downtown Salt Lake City; Easy freeway access via I-215 and I-80.This is an exceptional opportunity to own a move-in-ready home with outstanding views, top-rated schools, and significant development upside in a prime location. Don't miss it! 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

2.32%

Cash-on-Cash

-6.27%

Cash Flow

-$1,823/mo

Purchase Price$929,900
Down Payment35% ($325,465)
Interest Rate6.00%
Monthly Rent$2,708/mo
Vacancy5%
Expense Ratio30% ($9,261)

Quick estimates only. Switch to Detailed for full line-item control.

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 6/19/2026, 4:35:06 AM. 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.