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884 ROWLEY photo 11 / 30

$6,900,000

884 ROWLEY, Millcreek, UT 84107

Units

14

Price/Unit

$492,857

Price/Sqft

$352

Est Gross Yield

3.7%

$257,544/yr est.

Property Details

Property typeMultifamily
Year built2026
Total units14
Living area19,600 sqft
Bedrooms28
Bathrooms35
Lot size0.28 acres
Parking36 spaces
Days on market161
Listed2026-01-22T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
2BR / 3BA14231,391
Total14284219,474

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

Incredible opportunity to own 14 brand new rental townhomes in the heart of Millcreek. There are thirty-one total units in this complex each with their own tax id. So its possible to buy two full building of 14 units or break it up into different unit counts. Each high-end townhomes has premium interior finishes including quartz waterfall countertops, modern cabinetry, high efficiency HVAC, Google Fiber, ample windows providing an abundance of natural daylight and its own tandem 2 car garage. Common area pickleball/sport court and park. Wonderful east side Millcreek location close to ski resorts, downtown Salt Lake, great schools and shopping. Call to schedule an accompanied walk through.

Listed by John Loveday · Equity Real Estate (Advantage)

Location

884 ROWLEY, Millcreek, UT 84107

Proforma

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Cap Rate

2.48%

Cash-on-Cash

-5.85%

Cash Flow

-$12,618/mo

Purchase Price$6,900,000
Down Payment35% ($2,415,000)
Interest Rate6.00%
Monthly Rent$21,462/mo
Vacancy5%
Expense Ratio30% ($73,400)

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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 7/2/2026, 12:14:17 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.