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2625 S 500 E, Salt Lake City, UT — photo 11 / 16
Single Family

$464,000

Reduced from $472,000 · today

2625 S 500 E, Salt Lake City, UT 84106

Type

SFR

List Price

$464,000

Price/Sqft

$468

Est Gross Yield

4.8%

$22,236/yr est.

Property Details

Property typeSingle Family
Year built1926
Total units1
Living area992 sqft
Bedrooms2
Bathrooms1
Lot size0.15 acres
Parking5 spaces
Days on market17
Listed2026-08-28T00:00:00+00:00

Description

Price Improvement! Charming 1920s bungalow perfectly situated between Liberty Wells, Sugarhouse, and South Salt Lake. This updated 2-bed, 1-bath cottage puts you right where you want to be. Jog to Liberty Wells' parks and coffee shops, stroll to Sugar House for some shopping, or pop over to Trader Joe's to pick up groceries. Downtown is also easily accessible - a short bike or bus ride gets you to the Farmers Market, the Delta Center, world-class restaurants, and Main Street bars. When you want to get out of town, you're perfectly positioned to hit the freeway for hiking trails, skiing, or a weekend in Moab. With easy access to buses, TRAX, and the airport, this home is as practical for work travel as it is adorable. Set back from the street behind a welcoming front porch, the home greets you with classic 1920s character. Wood floors throughout (tile in the kitchen and bathroom) are as beautiful as they are practical. Original window frames, built-ins, doors, and kitchen elements add charm throughout. Large south- and west-facing windows flood the living spaces with glowing natural light. A spacious master bedroom with plantation shutters, and a second bedroom that fits a full-size bed or would make a great office. Out back is where the true magic happens! A large fenced yard faces the Wasatch Mountains, with stunning mountain views in the winter and privacy in the summer. Gather friends around a fire pit, let the dog run, and relax under the shade of the covered patio. Tend the garden beds, fruit trees, grapevines, and flowerbeds for copious amounts of fruit, veggies, and peonies. This yard is your true oasis in the city. Plenty of off-street parking and an oversized garage round things out with tons of storage for cars, bikes, gear, and a workshop. The major systems have all been updated by the current owners over the past few years All that's left is for you to come and make it your own. Come and see this Salt Lake City gem for yourself. You are going to fall in love! > NEW Roof Oct 2018. By Intermountain West Contractors (50 yr manufacture and 20 yr workmanship). > NEW AC & Furnace Nov 2020. By Any Hour Services. Warranty: 10 yr parts. > NEW Garage Door June 2024. By A+ Garage Doors. > NEW Electrical 2014. All new wiring updated from knob-and-tube. > NEW interior and exterior paint. By CertaPro.

Listed by Amy S Jones · Homecoin.com

Location

2625 S 500 E, Salt Lake City, UT 84106

Proforma

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Cap Rate

3.19%

Cash-on-Cash

-3.97%

Cash Flow

-$576/mo

Purchase Price$464,000
Down Payment35% ($162,400)
Interest Rate6.00%
Monthly Rent$1,853/mo
Vacancy5%
Expense Ratio30% ($6,337)

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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 9/14/2026, 11:13:36 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.