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3135 S VALLEY ST, Salt Lake City, UT 84109
3135 S VALLEY ST, Salt Lake City, UT 84109
Type
SFR
List Price
$649,000
Price/Sqft
$441
Est Gross Yield
2.6%
$17,040/yr est.
Welcome to 3135 Valley Street, a centrally located Millcreek property offering exceptional convenience, strong investment potential, and lasting value. Situated in one of Salt Lake County's most desirable communities, this home provides quick access to downtown Salt Lake City, I-15 and I-80, Salt Lake City International Airport, the University of Utah, world-class ski resorts, and Park City-making it an ideal location for commuters, outdoor enthusiasts, and tenants alike. The home features a functional floor plan with comfortable living spaces, abundant natural light, and a layout that accommodates a variety of lifestyles. Whether you're searching for your next primary residence or a turnkey investment property, this home offers immediate value with additional opportunity to personalize or enhance over time. For investors, this property presents an attractive income-producing opportunity. It can be leased at $4,000 per month, providing strong rental income in a high-demand area. One of the property's standout features is the generous off-street parking, offering ample space for multiple vehicles, trailers, RVs, or recreational equipment-an increasingly valuable amenity in this location. The usable lot provides mature landscaping, privacy, and flexibility for outdoor entertaining, storage, or future improvements. With its desirable Millcreek location, excellent accessibility, established rental history, and long-term appreciation potential, 3135 Valley Street is a rare opportunity for both homeowners and investors seeking a quality property in one of the Salt Lake Valley's most sought-after markets.
Listed by Jesse Boone · Ngawaka Real Estate LLC
3135 S VALLEY ST, Salt Lake City, UT 84109
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Cap Rate
1.75%
Cash-on-Cash
-7.81%
Cash Flow
-$1,585/mo
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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, 7:55:58 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.