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1116 E 2ND AVE, Salt Lake City, UT — photo 11 / 40
Single Family

$798,500

1116 E 2ND AVE, Salt Lake City, UT 84103

Type

SFR

List Price

$798,500

Price/Sqft

$289

Est Gross Yield

3.6%

$28,368/yr est.

Property Details

Property typeSingle Family
Year built1902
Total units1
Living area2,759 sqft
Bedrooms3
Bathrooms2
Lot size0.09 acres
Parking1 spaces
Days on market0
Listed2026-10-23T00:00:00+00:00

Description

This beautiful Victorian is in the coveted east Avenues neighborhood on a quiet, tree-lined street bordering Federal Heights. The house exterior has been newly painted with new water-wise landscaping in the front yard. The kitchen, dining, and family room areas have also been updated with lovely exposed brick and cabinetry in the kitchen, new oak flooring throughout the main level, flying crown molding and cove lighting in the dining room, gorgeous built-in cabinets in the family room, and a completely refinished clawfoot tub in the main bathroom as well as a new toilet and sink. The fully-functioning original radiators have been beautifully powder-coated. The solid-wood front door and stair railings are original, and there's a beautiful stained-glass window in the staircase that was salvaged from a church over fifty years ago. The house boasts a newer water heater, newer evaporative cooler, newer boiler, and new water softener. There's also a brand-new sewer drain to the foundation wall as well as ample room for storage in the basement which also has its own outside entrance. The upstairs has good bones and needs some work. The middle bedroom has been redone with new drywall, plaster, paint, and lighting, and the other rooms could use some love as well. The spacious backyard has graveled terraces at two levels that are purposefully built for container gardening. Specially engineered sun shades can be extended over the garden to protect plants during intense sunlight on the hottest summer days. Just outside the gate is a one-car covered carport. This home is darling and is in an incredible location near shopping, restaurants, schools, parks, libraries, hospitals, businesses, the airport, world-class skiing, hiking and biking trails, and more. This is definitely one you don't want to miss! A second parcel, 09-32-481-010, is also included. Square footage figures are provided as a courtesy estimate only and were obtained from an appraisal.. Buyer is advised to obtain an independent measurement.

Listed by Robyn Christensen · Coldwell Banker Realty (Salt Lake-Sugar House)

Location

1116 E 2ND AVE, Salt Lake City, UT 84103

Proforma

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Cap Rate

2.36%

Cash-on-Cash

-6.17%

Cash Flow

-$1,540/mo

Purchase Price$798,500
Down Payment35% ($279,475)
Interest Rate6.00%
Monthly Rent$2,364/mo
Vacancy5%
Expense Ratio30% ($8,085)

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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 10/23/2026, 11:43:48 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.