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3676 S 500 E photo 11 / 39
Single Family

$799,900

Reduced from $849,900 · 3 days ago

3676 S 500 E, South Salt Lake, UT 84106

Type

SFR

List Price

$799,900

Price/Sqft

$248

Est Gross Yield

3.8%

$30,624/yr est.

Property Details

Property typeSingle Family
Year built1926
Total units1
Living area3,227 sqft
Bedrooms3
Bathrooms2
Lot size0.5 acres
Parking6 spaces
Days on market15
Listed2026-06-08T00:00:00+00:00

Description

** Significant price reduction - Open House: Saturday, June 20th 1-3pm ** One-of-a-kind custom rustic ranch-style home situated on a spacious 0.50-acre lot in the heart of the Salt Lake Valley. This unique property features a large open floor plan with rooms designed for comfortable living and memorable gatherings. The inviting kitchen opens through French doors to an expansive covered deck overlooking the enormous backyard-perfect for entertaining, relaxing, or enjoying the private and secluded yard. A standout feature of the property is the impressive 26' x 40' detached garage, complemented by an additional carport, providing abundant space for vehicles, recreational equipment, hobbies, or storage. The rustic charm and distinctive character of this home must be seen to be fully appreciated. Conveniently located with easy access to I-15, I-215, downtown Salt Lake City, world-class ski resorts, shopping, dining, and recreation, this property offers exceptional versatility. The spacious layout and prime location may appeal to those seeking a unique short-term rental opportunity. Additional bedrooms could certainly be added if desired, as there was once more bedrooms present when the home was being used to raise a family. The large 0.50-acre lot may also present future possibilities for investors or developers. Buyers are advised to verify any redevelopment or land-use opportunities with the appropriate municipality. Don't miss this rare opportunity to own a truly special property with endless potential. *Listing agent is related to the seller.*

Listed by Brad T Ashby · NRE

Location

3676 S 500 E, South Salt Lake, UT 84106

Proforma

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Cap Rate

2.55%

Cash-on-Cash

-5.68%

Cash Flow

-$1,420/mo

Purchase Price$799,900
Down Payment35% ($279,965)
Interest Rate6.00%
Monthly Rent$2,552/mo
Vacancy5%
Expense Ratio30% ($8,728)

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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 6/23/2026, 4:06:00 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.