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2963 S GRACE E ST, Salt Lake City, UT — photo 11 / 25
Single FamilyADU Potential2nd Kitchen

$825,000

2963 S GRACE E ST, Salt Lake City, UT 84109

Type

SFR

List Price

$825,000

Price/Sqft

$243

Est Gross Yield

3.8%

$31,140/yr est.

Property Details

Property typeSingle Family
Year built1959
Total units1
Living area3,390 sqft
Bedrooms3
Bathrooms3
Lot size0.21 acres
Parking8 spaces
Days on market214
Listed2026-03-13T00:00:00+00:00

Description

A fantastic opportunity to make this classic Canyon Rim rambler your own. Lovingly maintained by one family, this home offers generous living space, thoughtful updates, and plenty of flexibility for the next owner. The spacious kitchen features maple cabinetry and granite countertops, complemented by updated bathrooms, a new furnace in 2025, and a new water heater in 2024. Step outside to the covered patio and enjoy beautiful mountain views-an ideal spot for relaxing or entertaining. The finished basement adds even more possibilities with a second kitchen, making it well suited for a potential mother-in-law suite, guest space, or multi-generational living. Located in the highly desirable Canyon Rim neighborhood, you're within walking distance of Canyon Rim Park, just three minutes from Tanner Dog Park, and minutes from freeway access, shopping, dining, and recreation. Square footage figures are provided as a courtesy only; buyer is advised to verify all information. Agent related to seller.

Listed by Terri Pappas · EXP Realty, LLC (PC Main)

Location

2963 S GRACE E ST, Salt Lake City, UT 84109

Proforma

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Cap Rate

2.51%

Cash-on-Cash

-5.78%

Cash Flow

-$1,489/mo

Purchase Price$825,000
Down Payment35% ($288,750)
Interest Rate6.00%
Monthly Rent$2,595/mo
Vacancy5%
Expense Ratio30% ($8,875)

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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 10/13/2026, 3:49:56 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.