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718 E ELGIN AVE, Millcreek, UT 84106
$625,000
Reduced from $650,000 · today
718 E ELGIN AVE, Millcreek, UT 84106
Type
SFR
List Price
$625,000
Price/Sqft
$256
Est Gross Yield
6.4%
$40,128/yr est.
Property Details
Description
Located in the heart of Millcreek, this well-maintained home offers space, flexibility, and strong long-term value in one of Salt Lake's most desirable east-side neighborhoods. Inside, you'll find a functional layout with multiple living areas, two fireplaces, and great natural light throughout. The kitchen features updated countertops, solid cabinetry, and opens to a large dining area. Recently renovated bathrooms add a clean, modern touch, while original hardwood floors bring warmth and character. The basement offers separate access with clear potential for rental income, house hacking, or multi-generational living. Outside, enjoy a quiet, private backyard, storage shed, and a large detached garage with plenty of room for parking, storage, or workspace. Located just minutes from Sugar House, downtown Salt Lake, and canyon access, this is a strong opportunity for both owner-occupants and investors looking for a solid Millcreek property with upside.
Listed by JD Reese · Red Rock Real Estate LLC
Location
718 E ELGIN AVE, Millcreek, UT 84106
Proforma
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Cap Rate
4.27%
Cash-on-Cash
-1.08%
Cash Flow
-$212/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 6/23/2026, 12:09:06 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.