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887 E THIRD AVE, Salt Lake City, UT 84103
$779,000
887 E THIRD AVE, Salt Lake City, UT 84103
Type
SFR
List Price
$779,000
Price/Sqft
$402
Est Gross Yield
3.6%
$28,368/yr est.
Property Details
Description
Built in 1891, this home has personality and character. From the locally sourced rock facade that carries inside with the stone gas fireplace, to the arched doorways and built in bookcases, there is a sense of charm that is unique to this house. The sunroom is a wonderful addition that brings in light and nature, along with the bay window in the dining room and the skylights in the kitchen. If you enjoy entertaining, this kitchen-dining- outdoor deck space is perfect for evening get-togethers and bbqs. The yard space is terraced and level, and the hot tub is included. Inside, there are three bedrooms with well designed layouts. Two of the three bedrooms capture loft space that creates multiple options for use. One of the bedrooms was once used as an ADU for students and short-term rentals allowing the property owner to earn extra income. The laundry-mud room is used for storage and has untapped potential. The unfinished basement houses the mechanicals. Water heater was updated in 2025 and the furnace was updated in 2020 & was recently serviced. There is even space for more storage or a possible man-cave or speak easy. Truly, this is one property you need to see in person.
Listed by Kristen Sherlock · Coldwell Banker Realty (Davis County)
Location
887 E THIRD AVE, Salt Lake City, UT 84103
Proforma
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Cap Rate
2.42%
Cash-on-Cash
-6.01%
Cash Flow
-$1,464/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 6/19/2026, 4:29:06 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.