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2635 N ELM N DR, Lehi, UT — photo 11 / 34
ADU Potential

$479,000

Reduced from $480,000 · 2 days ago

2635 N ELM N DR, Lehi, UT 84043

Type

Townhouse

List Price

$479,000

Price/Sqft

$213

Est Gross Yield

5.0%

$24,096/yr est.

Property Details

Property typeTownhouse
Year built2006
Total units1
Living area2,247 sqft
Bedrooms3
Bathrooms4
Lot size0.03 acres
Parking2 spaces
Days on market13
Listed2026-08-13T00:00:00+00:00

Description

Offering $4K in Seller's Credit! Located in the heart of Silicon Slopes, just minutes from Thanksgiving Point, within easy walking distance of the Front Runner station, and right next to the Jordan River Trail, this impeccably maintained home offers the perfect combination of accessibility, recreation, and comfortable living. Step inside to a bright and inviting open floor plan featuring a spacious loft and an updated primary en-suite with vaulted ceilings, double sinks, and beautiful marble flooring. The primary bedroom also features its own private balcony-the perfect spot to enjoy your morning coffee or breakfast, unwind with a good book, or simply relax and take in the fresh air. The kitchen features upgraded stainless-steel appliances, while a brand-new heater was installed just a week ago, adding even more value and peace of mind. Need extra space? The fully finished basement with its own walkout entrance provides plenty of room for family, guests, a home office, or entertainment and offers excellent potential to be converted into an ADU, subject to applicable city and HOA requirements. Enjoy your front or back patio without worrying about yard work-the HOA takes care of the landscaping, making this an ideal low-maintenance lifestyle. With a community pool and nearby trails, there are plenty of ways to stay active, recreate, or simply relax close to home. This home has been impeccably cared for and is in magnificent condition, offering space, upgrades, convenience, and an unbeatable location. Come see it for yourself and make this exceptional home yours today!

Listed by Cynthia Golpe · Fathom Realty (Orem)

Location

2635 N ELM N DR, Lehi, UT 84043

Proforma

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Cap Rate

3.35%

Cash-on-Cash

-3.55%

Cash Flow

-$531/mo

Purchase Price$479,000
Down Payment35% ($167,650)
Interest Rate6.00%
Monthly Rent$2,008/mo
Vacancy5%
Expense Ratio30% ($6,867)

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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 8/26/2026, 2:29:23 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.