1237 3800, Millcreek, UT 84106
4BD/—BA Residential in Millcreek, UT 84106. 1,624 sqft. Built 1959. Listed at $699,000. MLS #2169150.
4BD/—BA Residential in Millcreek, UT 84106. 1,624 sqft. Built 1959. Listed at $699,000. MLS #2169150.
Well-cared-for duplex located in a sought-after East Millcreek, known for its pride of ownership and attractive surroundings. This property presents a fantastic turnkey opportunity for both investors and owner-occupants. Both well-maintained units are clean, functional, and well-positioned to attract and retain quality tenants. The property also features two fully fenced yards, additional storage, amenities that enhance tenant satisfaction and support long-term occupancy. Both units are presently rented, east unit's leases ends in August (would like the option to renew) perfect for owner-occupied option or an investor. Over the past decade, numerous major improvements have been completed, helping to minimize maintenance concerns while preserving the property's long-term value. Updates include updated kitchens, bathrooms, carpet and paint. Roof is 15 years old and HAVC is 10. The location provides convenient access to shopping, restaurants, entertainment, St. Mark's Hospital, Westminster University, and the University of Utah. Commuters and outdoor enthusiasts will appreciate the quick connection to Parleys Canyon and an easy route to Park City. Salt Lake City International Airport is also easily accessible, adding to the property's convenience and desirability.
Property Type
Residential
Property Style
Duplex
Architectural Style
Side By Side
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.17 sq ft
Condition
Blt./Standing
MLS #
2169150
Property Type
Residential
Property Style
Duplex
Architectural Style
Side By Side
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.17 sq ft
Condition
Blt./Standing
MLS #
2169150
List Price
$699,000
Annual Taxes
$3,247
Home Warranty
No
List Price
$699,000
Annual Taxes
$3,247
Home Warranty
No
Heating
Gas: Central
Roof
Asphalt
Flooring
Carpet
Materials
Brick
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Gas: Central
Roof
Asphalt
Flooring
Carpet
Materials
Brick
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
1
Total Parking
4
Covered Spaces
1
Total Parking
4
Classification
Standard
Deal Score
50/100
vs Similar Homes
3% below
vs Market Median
8% above
Area Growth (YoY)
0.6%
Deal Score Breakdown
50/100
Priced 3% below the median of similar listings
Priced 8% above the per-subtype city median
0.6% year-over-year ZHVI growth in this area
LT net cashflow -$1,681/mo (-35.7% return on ownership cost) · STR net cashflow -$2,472/mo (-52.5% 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
$3,444/mo
Range: $2,751 – $4,137
Net Monthly Cash Flow
−$1,680 /mo (−$20,165/yr)
Monthly rental income
Monthly ownership cost
Coverage
73%
Net /mo
−$1,681
DSCR
0.86
Est. Annual Revenue
$38,396/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$2,472 /mo (−$29,661/yr)
Monthly STR income
Monthly ownership cost
Coverage
68%
Net /mo
−$2,472
DSCR
0.64
Elementary
Mill CreekMiddle School
EvergreenHigh School
Granite PeaksSchool District
Granite
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$650,000
+8% vs median
38 days
118
$214,000 – $4,495,000
$3,247
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