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3461 S STATE ST photo 11 / 25

$460,000

3461 S STATE ST, Salt Lake City, UT 84116

Type

Townhouse

List Price

$460,000

Price/Sqft

$245

Est Gross Yield

5.6%

$25,956/yr est.

Property Details

Property typeTownhouse
Year built2022
Total units1
Living area1,874 sqft
Bedrooms3
Bathrooms3
Lot size0.01 acres
Parking2 spaces
Days on market0
Listed2026-07-22T00:00:00+00:00

Description

Incredible investment opportunity or a place to call home. Stunning up to date End Unit Townhome, HOA allows short-term rentals premier option for an AIRBNB or VRBO listing. Built in 2022 it is better then new? Very well taken care of home with new paint and carpet, newer high quality laminate wood floors. Bright open floor plan concept with higher ceilings, lots of windows, spacious great room, flows into large kitchen with 2 bars, granite counter tops, large dinning room, custom white cabinets, stainless steel appliances, and oversized pantry and half bath on main floor, Upstairs are 3 large bedrooms, 2 full baths, walk in closet and laundry. This home features lots of upgrades. Located just minutes from downtown Salt Lake City, TRAX, easy freeway access to I-80, !-15, TRAX, 20 minutes to world - class skiing at Big Cottonwood Canyon and 30 minutes for Park City, This home provides unbeatable proximity to shopping, dinning, entertainment. This home is move in ready. Sq. FT is taken from a recent appraisal, Sq Ft and all information to be verified by buyers. Sellers have never lived in the property, no seller Disclosures will be provided. There are incentives if buyers use seller prederred lender.

Listed by Silvia C Rainaldi · Berkshire Hathaway HomeServices Elite Real Estate

Location

3461 S STATE ST, Salt Lake City, UT 84116

Proforma

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Cap Rate

3.75%

Cash-on-Cash

-2.46%

Cash Flow

-$354/mo

Purchase Price$460,000
Down Payment35% ($161,000)
Interest Rate6.00%
Monthly Rent$2,163/mo
Vacancy5%
Expense Ratio30% ($7,397)

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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 7/22/2026, 9:14:42 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.