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254 E 700 S, Salt Lake City, UT — photo 11 / 23
Single FamilyADU2nd Kitchen

$680,000

254 E 700 S, Salt Lake City, UT 84111

Type

SFR

List Price

$680,000

Price/Sqft

$215

Est Gross Yield

7.1%

$48,108/yr est.

Property Details

Property typeSingle Family
Year built1912
Total units1
Living area3,159 sqft
Bedrooms6
Bathrooms2
Lot size0.07 acres
Parking4 spaces
Days on market27
Listed2026-09-02T00:00:00+00:00

Description

Beautifully remodeled throughout with updated flooring, kitchen cabinets, countertops and more. This spacious and versatile 6-bedroom, 2-bath home offers approximately 3,159 square feet and a flexible layout. The lower level features a second kitchen, separate living area and walkout access, making it ideal for a mother-in-law apartment, multigenerational living, extended family, guests or potential rental income to help offset the mortgage. 24 hour showing notice required tennant occupied. Conveniently located near downtown, Liberty Park, dining, shopping and neighborhood amenities. Salt Lake City continues to benefit from significant investment and growth, including downtown redevelopment, improvements surrounding the Central Ninth and 9 Line areas, continued expansion of Salt Lake City International Airport and preparations for the 2034 Olympic and Paralympic Winter Games. A unique opportunity for buyers seeking a spacious single-family home with additional living and income flexibility. Buyer and buyer's agent to verify all information, square footage, zoning, permitted uses and rental possibilities.

Listed by Craig Lisonbee · Fathom Realty (Union Park)

Location

254 E 700 S, Salt Lake City, UT 84111

Proforma

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Cap Rate

4.70%

Cash-on-Cash

0.08%

Cash Flow

$16/mo

Purchase Price$680,000
Down Payment35% ($238,000)
Interest Rate6.00%
Monthly Rent$4,009/mo
Vacancy5%
Expense Ratio30% ($13,711)

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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 9/29/2026, 3:00:18 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.