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1042 E ELGIN AVE, Salt Lake City, UT — photo 11 / 46
Single Family

$721,000

1042 E ELGIN AVE, Salt Lake City, UT 84106

Type

SFR

List Price

$721,000

Price/Sqft

$311

Est Gross Yield

5.6%

$40,128/yr est.

Property Details

Property typeSingle Family
Year built1948
Total units1
Living area2,316 sqft
Bedrooms5
Bathrooms2
Lot size0.16 acres
Parking4 spaces
Days on market0
Listed2026-10-08T00:00:00+00:00

Description

This spacious bungalow is a crowd pleaser! The updated kitchen has a flowing floor plan with plenty of elbow room and generous counter seating, along with a bay window seating area with easy access to extra hidden storage. The side entrance gives direct access to the kitchen, great for nearby grocery runs. The open floor plan features an informal dining room with plenty of room for a full size dining table. An updated main bath brings a nice feel to complement the home. Two more bedrooms, one with backyard access, finish up the upstairs space. The downstairs features a gigantic family room with a wet bar, two more bedrooms, a bath, laundry, and easy-access storage. Plenty of parking, fully fenced, with a back patio for morning coffee, evening visits, and weekend barbeques. Low-traffic, quieter neighborhood. Literally 2 minutes to Sugar House, Millcreek Commons, the Brickyard Plaza, and access to I-80. This one won't last.

Listed by Tony J Fantis · Fantis Group Real Estate Inc

Location

1042 E ELGIN AVE, Salt Lake City, UT 84106

Proforma

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Cap Rate

3.70%

Cash-on-Cash

-2.60%

Cash Flow

-$586/mo

Purchase Price$721,000
Down Payment35% ($252,350)
Interest Rate6.00%
Monthly Rent$3,344/mo
Vacancy5%
Expense Ratio30% ($11,436)

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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 10/8/2026, 3:26:17 PM. 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.