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729 E 3RD N AVE, Salt Lake City, UT — photo 11 / 48
Single Family

$1,675,000

729 E 3RD N AVE, Salt Lake City, UT 84103

Type

SFR

List Price

$1.68M

Price/Sqft

$420

Est Gross Yield

2.6%

$43,452/yr est.

Property Details

Property typeSingle Family
Year built1904
Total units1
Living area3,987 sqft
Bedrooms5
Bathrooms4
Lot size0.15 acres
Parking2 spaces
Days on market0
Listed2026-10-31T00:00:00+00:00

Description

Welcome to the Frank M. Castleton House, a 1904 brick Foursquare in the Avenues Historic District. Built at the tail end of the Victorian era, this home was designed for Frank Castleton, whose family ran Castleton Brothers General Store just around the corner on 2nd Avenue. He lived here for nearly 40 years. The historic marker out front still tells his story. The craftsmanship holds up. Look for the projecting bay, stained glass, and original wood windows that still open and close as they did a century ago. The rubble sandstone foundation was recently repointed with the correct historic soft mortar, the kind of detail that matters in a home like this. Five bedrooms, four full baths, and 3,987 square feet across three levels, with three remote-controlled gas fireplaces that have all been brought up to code. The kitchen was fully remodeled in 2022. All new appliances, a professional-grade Wolf induction range, and cabinets that were painted and baked for a durable finish. It opens to the living and dining rooms, each with its own fireplace. Upstairs, the primary suite is a true retreat with a fireplace, a private sitting room, an updated en-suite bath, and laundry right where you need it. Two second-floor decks offer mountain and valley views and a quiet spot for morning coffee. Spray-in insulation and an attic ventilation fan keep the top floor comfortable in summer. The basement is a full apartment with its own side entrance, a kitchen, a bedroom with egress windows, a full bath, and laundry hookups. Ideal for guests, extended family, or a home office with real separation. Out back, enjoy a private yard with a paver patio, swim spa, mature trees, and low-maintenance landscaping on full drip irrigation. Lavender fills the front garden. The smart upgrades are already done. Paid-off solar powers the EV charger in the oversized detached garage. Central air, floors refinished in 2023, and Google Fiber. A gated driveway adds off-street parking. Minutes from the University of Utah, two major hospitals, downtown, and City Creek Canyon. Come be part of the next chapter of this home's story.

Listed by Marvin V. Jensen · Windermere Real Estate

Location

729 E 3RD N AVE, Salt Lake City, UT 84103

Proforma

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Cap Rate

1.73%

Cash-on-Cash

-7.87%

Cash Flow

-$4,120/mo

Purchase Price$1,675,000
Down Payment35% ($586,250)
Interest Rate6.00%
Monthly Rent$3,621/mo
Vacancy5%
Expense Ratio30% ($12,384)

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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 10/31/2026, 8:41:19 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.