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1348 E 3RD N AVE, Salt Lake City, UT — photo 11 / 48
Single Family

$2,550,000

1348 E 3RD N AVE, Salt Lake City, UT 84103

Type

SFR

List Price

$2.55M

Price/Sqft

$507

Est Gross Yield

1.7%

$43,452/yr est.

Property Details

Property typeSingle Family
Year built1921
Total units1
Living area5,026 sqft
Bedrooms4
Bathrooms4
Lot size0.24 acres
Parking5 spaces
Days on market12
Listed2026-08-21T00:00:00+00:00

Description

Federal Heights at its very best! Situated on iconic, tree-lined 3rd Avenue, this classic two-story home has the gracious scale, beautiful proportions, and timeless details you expect to find in one of Salt Lake City's premier neighborhoods. Gorgeous details are found at every turn-spacious, light-filled rooms, beautiful windows, rich millwork and wainscoting, and a formal dining room with French doors opening to a charming balcony, perfect for morning coffee. The back of the home has been thoughtfully expanded and updated to create the heart of the house: a beautiful open kitchen, casual dining area, and family room, all framed by a wall of glass overlooking the backyard. It is a wonderful space for everyday living, with an easy connection to the outdoors where kids can play and family and friends can gather. A wide, stately staircase leads to the second floor, where the lovely primary suite features a beautiful marble bath. Two additional gracious bedrooms and another beautifully appointed bath complete the upper level. The daylight lower level offers exceptional flexibility, with comfortable guest quarters, a large family room, generous storage, space for a home gym, and a temperature-controlled wine cellar. A walkout provides direct access to the backyard. Classic Federal Heights architecture, wonderful scale, and beautifully updated spaces for the way families live today-all in an extraordinary 3rd Avenue setting.

Listed by Sandra Poole Sweetland · Coldwell Banker Realty (Salt Lake-Sugar House)

Location

1348 E 3RD N AVE, Salt Lake City, UT 84103

Proforma

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Cap Rate

1.13%

Cash-on-Cash

-9.45%

Cash Flow

-$7,530/mo

Purchase Price$2,550,000
Down Payment35% ($892,500)
Interest Rate6.00%
Monthly Rent$3,621/mo
Vacancy5%
Expense Ratio30% ($12,384)

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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 9/2/2026, 7:04:45 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.