1 / 33







338 E 700 S, Salt Lake City, UT 84111
338 E 700 S, Salt Lake City, UT 84111
Type
SFR
List Price
$630,000
Price/Sqft
$394
Est Gross Yield
4.9%
$30,600/yr est.
Charm, character, and incredible versatility come together in this beautifully updated bungalow located in one of Salt Lake City's most sought-after neighborhoods! Whether you're searching for a place to call home, extra space for your family, or the potential for additional income, this property offers opportunities that are hard to find. Perfectly positioned just minutes from Liberty Park, the vibrant 9th & 9th district, TRAX, shopping, restaurants, and downtown Salt Lake City, you'll enjoy the convenience of city living while coming home to a quiet, established neighborhood full of charm. Inside, timeless character blends seamlessly with thoughtful modern updates. The main level features beautiful hardwood floors, an inviting fireplace, custom built-in cabinetry, upgraded LED recessed lighting, and an updated kitchen complete with butcher block countertops, a gas range, and plenty of workspace for cooking and entertaining. Two comfortable bedrooms complete the main floor. Downstairs, you'll discover one of this home's most unique features-a fully remodeled basement with its own private feel. The lower level includes a spacious bedroom with an ensuite bathroom, walk-in closet, additional storage, and a cozy family room that can easily be used as a second living area, home office, fitness room, playroom, or media room. Even better, the remodeled basement has been designed for nightly rental potential, creating an outstanding opportunity for buyers looking to offset their mortgage or generate additional income. Step outside to a fully fenced backyard that's ready for relaxing, gardening, and entertaining. Raised garden beds with pre-installed irrigation make growing your own vegetables and flowers easy, while the detached two-car garage includes a built-in workbench that's perfect for projects, hobbies, or extra storage. This home also offers numerous valuable updates, including Google Fiber, upgraded electrical service that's EV charger compatible and solar-ready, a partial roof replacement, new lower-level flooring, and an evaporative cooling system. Homes that combine classic architecture, modern updates, flexible living space, and income-producing potential are rare. Whether you're a first-time buyer, growing family, or savvy investor, this is an exceptional opportunity to own a home that offers both lifestyle and long-term value in one of Salt Lake City's most desirable locations. **Buyer is advised to obtain an independent measurement. Buyer/Buyers Agent to verify all info including sq. ft.
Listed by James Roth · Real Broker, LLC
338 E 700 S, Salt Lake City, UT 84111
Drag sliders to explore the deal
Cap Rate
3.23%
Cash-on-Cash
-3.86%
Cash Flow
-$759/mo
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.
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 7/16/2026, 9:48:25 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.