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1340 E GILMER DR, Salt Lake City, UT 84105
$865,000
1340 E GILMER DR, Salt Lake City, UT 84105
Type
SFR
List Price
$865,000
Price/Sqft
$353
Est Gross Yield
4.5%
$39,144/yr est.
Property Details
Description
There's something reassuring about a home that's been cherished. This Yalecrest property blends timeless character with the opportunity to make it your own. Original hardwood floors, natural light and inviting living spaces create a warm and welcoming atmosphere. Generously proportioned bedrooms (unusual for a home of this era) and three bathrooms provide flexible living for families, guests or those working from home. The lower level, with impressive ceiling height, includes a self-contained mother-in-law apartment with its own private entrance. Whether you're seeking rental income, multigenerational living, guest accommodation or additional living space, this versatile area easily adapts to your changing needs. Outside, the yard provides a welcoming setting to relax and entertain. Enjoy easy access to neighborhood parks, the cafs, restaurants and boutiques of 9th & 9th and 15th & 15th, Foothill Village, the University of Utah and downtown Salt Lake City. Located within the boundaries of a highly sought-after elementary school, this is a rare opportunity to own a truly special home in one of Salt Lake City's most established neighborhoods.
Listed by Alice Ray · Windermere Real Estate (9th & 9th)
Location
1340 E GILMER DR, Salt Lake City, UT 84105
Proforma
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Cap Rate
3.01%
Cash-on-Cash
-4.45%
Cash Flow
-$1,202/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 10/8/2026, 12:16:00 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.