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3570 E RAINIER S AVE, Millcreek, UT — photo 11 / 64
Single FamilyADU Potential

$1,115,000

3570 E RAINIER S AVE, Millcreek, UT 84109

Type

SFR

List Price

$1.11M

Price/Sqft

$412

Est Gross Yield

3.5%

$38,760/yr est.

Property Details

Property typeSingle Family
Year built1956
Total units1
Living area2,704 sqft
Bedrooms4
Bathrooms3
Lot size0.32 acres
Parking7 spaces
Days on market47
Listed2026-07-10T00:00:00+00:00

Description

Rare double-lot opportunity in East Millcreek-two combined parcels (.19 + .13 acres, .32 total) with open space on the South end ready for an ADU (permitted per Salt Lake City zoning; buyer to verify scope with SLC Planning). Move-in ready and fully remodeled in 2018 from top to bottom: quartz counters, white oak hardwood floors, LG appliances, and a 6-burner Wolf range in the kitchen, plus high-efficiency furnace, AC, windows, smart lighting, and a whole-home humidifier-nothing left to update. Location can't be beat: 15 minutes to the University of Utah, downtown Salt Lake, the airport, and the ski resorts, with Park City's Kimball Junction a short drive beyond that, plus mountain biking and hiking trailhead access right down the street. This 4-bedroom, 3-bath rambler also delivers mountain views throughout. The great room's fireplace and formal dining area open onto a front patio built for sunset views over the valley. The primary suite includes a walk-in closet, ensuite bath, and its own mountain views. Downstairs, a fully finished basement adds two more bedrooms, a full bath, a living room with dry bar and beverage fridge, and a separate glass-door entrance to the side yard, ideal for guests or extended stays. Out back, mature trees, a full concrete patio, and a fenced, gated yard create a private space to entertain or unwind. A 2-car garage with attic storage rounds out the package. Double lot, move-in ready, unbeatable location, this one is hard to replicate.

Listed by Leah Gannuscio · Christie's International Real Estate VUE (Christies VUE Salt Lake)

Location

3570 E RAINIER S AVE, Millcreek, UT 84109

Proforma

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Cap Rate

2.31%

Cash-on-Cash

-6.31%

Cash Flow

-$2,197/mo

Purchase Price$1,115,000
Down Payment35% ($390,250)
Interest Rate6.00%
Monthly Rent$3,230/mo
Vacancy5%
Expense Ratio30% ($11,047)

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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, 2:27:36 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.