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3385 E GREGSON S AVE photo 11 / 23
Single Family

$600,000

3385 E GREGSON S AVE, Salt Lake City, UT 84109

Type

SFR

List Price

$600,000

Price/Sqft

$519

Est Gross Yield

5.2%

$31,140/yr est.

Property Details

Property typeSingle Family
Year built1952
Total units1
Living area1,156 sqft
Bedrooms3
Bathrooms2
Lot size0.34 acres
Days on market0
Listed2026-06-25T00:00:00+00:00

Description

Perched in the heart of East Millcreek, this property offers something that's hard to find-both sweeping Salt Lake Valley views from the front porch and unobstructed views of Grandeur Peak from the private backyard. Set on a generous 0.34-acre lot, the possibilities here are just as impressive as the scenery. Inside, you'll find a functional single-level floor plan featuring an open-concept kitchen and living area, three bedrooms, and one and a half baths. While the home could benefit from some updating, it offers a fantastic opportunity for investors, DIY enthusiasts, or anyone looking to build equity in one of Salt Lake's most desirable neighborhoods. Whether you're envisioning a thoughtful renovation, an expansion, or simply making it your own over time, the combination of the oversized lot, unbeatable location, and incredible mountain and valley views makes this a rare opportunity you won't want to miss.

Listed by Annie Trujillo · KW Utah Realtors Keller Williams (Brickyard)

Location

3385 E GREGSON S AVE, Salt Lake City, UT 84109

Proforma

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Cap Rate

3.45%

Cash-on-Cash

-3.27%

Cash Flow

-$613/mo

Purchase Price$600,000
Down Payment35% ($210,000)
Interest Rate6.00%
Monthly Rent$2,595/mo
Vacancy5%
Expense Ratio30% ($8,875)

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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 6/25/2026, 11:16:50 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.