Back to listings
3516 S ALTA VISTA E ST photo 11 / 31
Single FamilyADU

$624,900

3516 S ALTA VISTA E ST, Salt Lake City, UT 84106

Type

SFR

List Price

$624,900

Price/Sqft

$328

Est Gross Yield

4.9%

$30,624/yr est.

Property Details

Property typeSingle Family
Year built1955
Total units1
Living area1,904 sqft
Bedrooms3
Bathrooms2
Lot size0.13 acres
Parking7 spaces
Days on market16
Listed2026-06-30T00:00:00+00:00

Description

Opportunities like this in Millcreek don't come around often. This home offers an exceptional opportunity to own in one of the area's most desirable neighborhoods at an approachable price point with long term flexibility. Featuring a fully separate basement apartment with tenants already in place, you can move in and immediately offset your monthly payment; or maximize investment potential by renting both units. Whether you're looking for owner-occupied flexibility, multigenerational living, or a smart investment opportunity, this home adapts to your goals. The main level showcases original hardwood flooring, two spacious bedrooms, oversized windows, and abundant natural light. Downstairs, the basement apartment has been thoughtfully updated with newer tile flooring, updated countertops, and an egress window in the bedroom, offering added functionality and peace of mind for rental use. Outside, enjoy a fully fenced backyard ideal for pets, entertaining, or relaxing, along with an oversized two-car garage providing ample space for vehicles, storage, and outdoor gear. Ideally located near Brickyard Plaza, and with quick access to the canyons for hiking/biking/skiing, plus located in boundary for some of the areas top-rated schools, this property offers the perfect blend of convenience, lifestyle, and investment potential. Buyer and buyer's agent to verify all information contained herein.

Listed by Ashley Rolfe · Alliance Residential Real Estate LLC

Location

3516 S ALTA VISTA E ST, Salt Lake City, UT 84106

Proforma

Drag sliders to explore the deal

Cap Rate

3.26%

Cash-on-Cash

-3.78%

Cash Flow

-$738/mo

Purchase Price$624,900
Down Payment35% ($218,715)
Interest Rate6.00%
Monthly Rent$2,552/mo
Vacancy5%
Expense Ratio30% ($8,728)

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, 11:53:57 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.