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3592 S 2175 E, Millcreek, UT 84109
$1,200,000
3592 S 2175 E, Millcreek, UT 84109
Units
2
Price/Unit
$600,000
Price/Sqft
$303
Est Gross Yield
6.5%
$77,520/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 4BR / 2BA | 2 | 4 | 2 | 1,982 | $2,862/mo |
| Unit 2 | 1 | 0 | 0 | — | $2,800/mo |
| Total | 3 | 8 | 4 | 3,964 | $8,524/mo |
Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.
Description
Situated in the heart of Millcreek, 3592 & 3598 S 2175 E offers a stabilized, income-producing duplex in one of Salt Lake County's most consistently sought-after rental submarkets. The property consists of two 4 bed / 2 bath units, catering to a broad and reliable tenant base. Renovated in 2018, the asset features updated plumbing, electrical, roof, and interior finishes, helping minimize near-term capital expenditures while supporting stable occupancy. A standout feature is the on-site shop, providing flexibility for storage, workspace, or potential ancillary income. Additionally, the property is equipped with solar panels that generate income, offering an extra revenue stream while enhancing energy efficiency and long-term sustainability, with potential to increase solar-related charges and further boost revenue. Millcreek continues to attract strong investor interest due to its central location, established residential character, and proximity to both employment centers and outdoor recreation. With limited new supply and sustained rental demand, the area has demonstrated consistent performance and long-term growth potential, making it a proven and resilient submarket within the Salt Lake Valley.
Listed by Jacob S Nielson · Newmark Mountain West
Location
3592 S 2175 E, Millcreek, UT 84109
Proforma
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Cap Rate
5.24%
Cash-on-Cash
1.50%
Cash Flow
$564/mo
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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 7/30/2026, 6:36:54 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.