1035 MAIN, Lehi, UT 84043
4BD/—BA Residential in Lehi, UT 84043. 1,617 sqft. Built 1943. Listed at $799,000. MLS #2150692.
4BD/—BA Residential in Lehi, UT 84043. 1,617 sqft. Built 1943. Listed at $799,000. MLS #2150692.
Rare opportunity in the heart of Lehi, ideally situated right on Main Street with exceptional visibility and access. This fully updated property sits on a large lot, offering both immediate usability and long-term upside. Whether you're looking for a primary residence, investment property, or a prime location for your business, this property delivers unmatched flexibility. Thoughtfully renovated throughout, the home features modern finishes and upgrades that make it move-in ready while still maintaining its charm. The expansive lot provides ample space for parking, expansion, or future development-an increasingly rare find in this high-demand area. One of the standout features is the property's versatile zoning potential, allowing for either residential use or commercial application. This opens the door to a wide range of opportunities including office space, retail, short-term or long-term rental, or a live/work setup right in a thriving corridor. Seller financing is available with just 10% down, offering a flexible path for buyers and investors alike.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
Subdivision
DENSMORE
County
Utah
Zoning
Single-Family
Lot Size
0.5 sq ft
Above Grade Area
1,617 sq ft
Condition
Blt./Standing
MLS #
2150692
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
Subdivision
DENSMORE
County
Utah
Zoning
Single-Family
Lot Size
0.5 sq ft
Above Grade Area
1,617 sq ft
Condition
Blt./Standing
MLS #
2150692
List Price
$799,000
Annual Taxes
$2,253
Home Warranty
No
List Price
$799,000
Annual Taxes
$2,253
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Evaporative Cooling
Roof
Asphalt
Flooring
Carpet
Basement
Slab
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Evaporative Cooling
Roof
Asphalt
Flooring
Carpet
Basement
Slab
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Classification
Standard
Deal Score
10/100
vs Similar Homes
57% above
vs Market Median
55% above
Area Growth (YoY)
0.9%
Deal Score Breakdown
10/100
Priced 57% above the median of similar listings
Priced 55% above the per-subtype city median
0.9% year-over-year ZHVI growth in this area
LT net cashflow -$3,658/mo (-69.2% return on ownership cost) · STR net cashflow -$3,196/mo (-60.4% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Monthly Rent
$1,853/mo
Range: $1,106 – $2,601
Net Monthly Cash Flow
−$3,658 /mo (−$43,897/yr)
Monthly rental income
Monthly ownership cost
Coverage
35%
Net /mo
−$3,658
DSCR
0.40
Est. Annual Revenue
$35,886/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$3,197 /mo (−$38,359/yr)
Monthly STR income
Monthly ownership cost
Coverage
57%
Net /mo
−$3,196
DSCR
0.52
School District
Alpine
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$575,900
+39% vs median
54 days
359
$307,900 – $3,950,000
$2,253
Low Crime
5.3
per 1,000
11.5
per 1,000
4.5
per 1,000
21.2
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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