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845 S WASHINGTON ST, Salt Lake City, UT — photo 11 / 64
Single FamilyADU

$995,000

845 S WASHINGTON ST, Salt Lake City, UT 84101

Type

SFR

List Price

$995,000

Price/Sqft

$376

Est Gross Yield

2.5%

$25,140/yr est.

Property Details

Property typeSingle Family
Year built1905
Total units1
Living area2,646 sqft
Bedrooms6
Bathrooms3
Lot size0.1 acres
Parking3 spaces
Days on market40
Listed2026-07-17T00:00:00+00:00

Description

A home built to create beauty, community, and freedom. Nestled in Salt Lake City's thriving Central Ninth neighborhood, this one-of-a-kind property pairs a beautifully restored Victorian home with a thoughtfully designed, fully separate modern ADU, creating an exceptional opportunity to live beautifully while generating significant income. Over the past several years, the owners and their kids transformed both the property and the neighborhood around it, planting mature trees, cultivating lush gardens, and creating a welcoming place where their family flourished while hosting guests from around the world. The detached ADU, completed in 2021 with its own alley entrance, private fenced yard, heated garage/studio, and complete separation from the main home, has consistently generated strong short-term rental income, often making the property effectively mortgage-free. Together, the homes offer six bedrooms, three bathrooms, abundant storage, soaring ceilings, and timeless design that blends historic character with modern convenience. Recent updates include a new roof, HVAC, water heater, appliances, paint, and carpet (2023). Just steps from Central Ninth's acclaimed restaurants, breweries, TRAX, and the 9-Line Trail, this is more than an income property. It's a rare opportunity to own a home intentionally designed for connection, creativity, and financial freedom. It isn't simply a home with an ADU. It's a property where you never have to choose between living beautifully and living wisely

Listed by Angie Nelden · Summit Sotheby's International Realty

Location

845 S WASHINGTON ST, Salt Lake City, UT 84101

Proforma

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Cap Rate

1.68%

Cash-on-Cash

-7.99%

Cash Flow

-$2,484/mo

Purchase Price$995,000
Down Payment35% ($348,250)
Interest Rate6.00%
Monthly Rent$2,095/mo
Vacancy5%
Expense Ratio30% ($7,165)

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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, 2:30:28 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.