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2789 S 300 E, Salt Lake City, UT — photo 11 / 31
Single Family

$415,000

2789 S 300 E, Salt Lake City, UT 84115

Type

SFR

List Price

$415,000

Price/Sqft

$296

Est Gross Yield

6.3%

$26,220/yr est.

Property Details

Property typeSingle Family
Year built1932
Total units1
Living area1,404 sqft
Bedrooms3
Bathrooms2
Lot size0.21 acres
Parking5 spaces
Days on market0
Listed2026-10-23T00:00:00+00:00

Description

Seller is offering $15,000 in concessions! Darling 1932 cottage in the heart of South Salt Lake, full of character and practical updates. Original cedar shakes add to the home's vintage charm, while the open-concept main floor offers a comfortable, functional layout with new carpet and fresh paint completed in 2025. The lower level includes two additional bedrooms and a separate basement entrance, offering flexibility for guests, a home office, or additional living space. Outside, enjoy a fully fenced .21-acre lot with plenty of room to garden, play, or build. A standout feature is the separate half-finished workshop/outbuilding, already equipped with electrical and plumbed for water and sewer - an exciting opportunity for a studio, workshop, or future additional use. Directly across the street from Central Park Community Center, the home enjoys easy access to open fields, tennis courts, recreation, and neighborhood amenities. The S-Line, elementary school, and junior high are all less than a mile away. This home has also been a successful long-term rental, consistently rented since 2018, making it a great option for an owner-occupant or investor looking for a well-located property with character, flexibility, and future potential. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.

Listed by Jennifer Cottam · ERA Brokers Consolidated (Salt Lake)

Location

2789 S 300 E, Salt Lake City, UT 84115

Proforma

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Cap Rate

4.20%

Cash-on-Cash

-1.27%

Cash Flow

-$164/mo

Purchase Price$415,000
Down Payment35% ($145,250)
Interest Rate6.00%
Monthly Rent$2,185/mo
Vacancy5%
Expense Ratio30% ($7,473)

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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 10/23/2026, 9:09:32 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.