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2732 S 900 E, Salt Lake City, UT 84106
$670,000
Reduced from $675,000 · today
2732 S 900 E, Salt Lake City, UT 84106
Units
2
Price/Unit
$335,000
Price/Sqft
$245
Est Gross Yield
8.1%
$54,564/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 7BR / 2BA | 1 | 7 | 2 | 2,380 | $3,500/mo |
| 1BR / 1BA | 1 | 1 | 1 | 550 | $999/mo |
| Total | 2 | 8 | 3 | 2,930 | $4,499/mo |
Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.
Description
INVESTOR SPECIAL APPROVED FOR 4 TOWNHOMES! Exceptional Salt Lake City investment opportunity with 4 townhomes in talks to be approved, with potential to increase to 6 units with additional Salt Lake City approval. The property is currently rented, providing immediate income while offering significant future redevelopment upside. The existing property features multiple bedrooms, a private studio with its own kitchen, shared laundry, updated flooring and paint, newer roof (2019), and an attached one-car garage. A recent full appraisal valued the property at $770,000. Whether you hold for rental income or take advantage of the approved townhome development opportunity, this property offers excellent flexibility and upside in a high-demand Salt Lake City location near downtown, shopping, dining, transit, and major freeway access. Approved for 4 townhomes | Potential for 6 | Currently Rented | $770K Appraisal | Strong Development Potential Seller financing and/or interest-rate buy-down contribution may be available with an acceptable offer.
Listed by Justin Moody · Utah's Wise Choice Real Estate
Location
2732 S 900 E, Salt Lake City, UT 84106
Proforma
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Cap Rate
5.42%
Cash-on-Cash
1.97%
Cash Flow
$413/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 9/9/2026, 7:55:34 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.