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1046 S LINCOLN, Salt Lake City, UT — photo 11 / 35
Single FamilyADU

$1,245,000

1046 S LINCOLN, Salt Lake City, UT 84105

Type

SFR

List Price

$1.25M

Price/Sqft

$412

Est Gross Yield

3.1%

$39,144/yr est.

Property Details

Property typeSingle Family
Year built1907
Total units1
Living area3,020 sqft
Bedrooms5
Bathrooms3
Lot size0.1 acres
Parking2 spaces
Days on market79
Listed2026-07-06T00:00:00+00:00

Description

Two homes. One 9th & 9th address. Separate meters, separate entrances, and multi-family zoning make this a rare offering in Belmont - live in the restored 1907 Victorian and let 938 E Herbert Ave. work for you. The main home brings 3 beds and 2 baths, a remodeled galley kitchen with gas range, and a private upstairs primary with marble walk-in shower, dual vanities and walk-in closet. Vaulted ceilings, marble counters, LVP floors and smart thermostats throughout. Out back, the detached 2 bed / 1 bath home has a full kitchen and its own entrance - a genuine second residence, not a converted basement. Flat corner lot, minutes to the University of Utah, Westminster College, Sugar House and downtown.

Listed by Michael Diamond · Coldwell Banker Realty (Park City-Newpark)

Location

1046 S LINCOLN, Salt Lake City, UT 84105

Proforma

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Cap Rate

2.09%

Cash-on-Cash

-6.90%

Cash Flow

-$2,683/mo

Purchase Price$1,245,000
Down Payment35% ($435,750)
Interest Rate6.00%
Monthly Rent$3,262/mo
Vacancy5%
Expense Ratio30% ($11,156)

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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 9/23/2026, 10:50:48 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.