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4480 S KELMSCOTT LN, Salt Lake City, UT — photo 11 / 34

$550,000

Reduced from $559,000 · today

4480 S KELMSCOTT LN, Salt Lake City, UT 84124

Type

Condo

List Price

$550,000

Price/Sqft

$226

Est Gross Yield

6.7%

$37,116/yr est.

Property Details

Property typeCondo
Year built1999
Total units1
Living area2,430 sqft
Bedrooms4
Bathrooms4
Lot size0.01 acres
Parking4 spaces
Days on market19
Listed2026-08-27T00:00:00+00:00

Description

*Our preferred lender is offering 1% toward buyer's closing costs. Contact agent for details.* Welcome to Highland Springs, a private gated community in the heart of Millcreek. This spacious 4-bedroom, 4-bath condominium offers over 2,400 square feet across three levels, with an attached two-car garage, two balconies, and a private patio. A standout feature is the main level, with direct garage access, laundry, a full bathroom, and a bedroom that can also serve as an office or guest space. The main floor also includes an inviting living area, dining space, and kitchen with abundant natural light. Upstairs, the spacious primary suite features a private balcony, while the second bedroom includes its own full ensuite bath. The finished basement offers additional living space with a family room, wet bar, bedroom, 3/4 bath, and storage. Recent improvements include a 2026 water heater, 2025 garage door, upstairs A/C and dishwasher, plus additional updates throughout. The HOA maintains the exterior, including exterior painting, with roof replacement planned for 2027. The Seller's $1,350 roof assessment has been paid in full. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer and Buyer's Agent are encouraged to verify all information.

Listed by Maria Echavarria Eikhof · Windermere Real Estate

Location

4480 S KELMSCOTT LN, Salt Lake City, UT 84124

Proforma

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Cap Rate

4.49%

Cash-on-Cash

-0.50%

Cash Flow

-$87/mo

Purchase Price$550,000
Down Payment35% ($192,500)
Interest Rate6.00%
Monthly Rent$3,093/mo
Vacancy5%
Expense Ratio30% ($10,578)

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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 9/15/2026, 6:13:20 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.