3516 ALTA VISTA, Salt Lake City, UT 84106
3BD/—BA Residential in Salt Lake City, UT 84106. 1,904 sqft. Built 1955. Listed at $624,900. MLS #2168790.
3BD/—BA Residential in Salt Lake City, UT 84106. 1,904 sqft. Built 1955. Listed at $624,900. MLS #2168790.
Opportunities like this in Millcreek don't come around often. This home offers an exceptional opportunity to own in one of the area's most desirable neighborhoods at an approachable price point with long term flexibility. Featuring a fully separate basement apartment with tenants already in place, you can move in and immediately offset your monthly payment; or maximize investment potential by renting both units. Whether you're looking for owner-occupied flexibility, multigenerational living, or a smart investment opportunity, this home adapts to your goals. The main level showcases original hardwood flooring, two spacious bedrooms, oversized windows, and abundant natural light. Downstairs, the basement apartment has been thoughtfully updated with newer tile flooring, updated countertops, and an egress window in the bedroom, offering added functionality and peace of mind for rental use. Outside, enjoy a fully fenced backyard ideal for pets, entertaining, or relaxing, along with an oversized two-car garage providing ample space for vehicles, storage, and outdoor gear. Ideally located near Brickyard Plaza, and with quick access to the canyons for hiking/biking/skiing, plus located in boundary for some of the areas top-rated schools, this property offers the perfect blend of convenience, lifestyle, and investment potential. Buyer and buyer's agent to verify all information contained herein.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.13 sq ft
Above Grade Area
952 sq ft
Condition
Blt./Standing
MLS #
2168790
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.13 sq ft
Above Grade Area
952 sq ft
Condition
Blt./Standing
MLS #
2168790
List Price
$624,900
Annual Taxes
$3,194
Home Warranty
No
List Price
$624,900
Annual Taxes
$3,194
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Brick
Appliances
Dryer,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Brick
Appliances
Dryer,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
7
Garage Spaces
2
Covered Spaces
2
Total Parking
7
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
75/100
vs Similar Homes
10% below
vs Market Median
4% below
Area Growth (YoY)
1.6%
Deal Score Breakdown
75/100 · 1 qualifying signal
Priced 10% below the median of similar listings
Priced 4% below the per-subtype city median
1.6% year-over-year ZHVI growth in this area
LT net cashflow -$1,518/mo (-35.8% return on ownership cost) · STR net cashflow -$2,040/mo (-48.2% 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.
Why this classification
Monthly Rent
$3,088/mo
Range: $2,311 – $3,866
Net Monthly Cash Flow
−$1,519 /mo (−$18,231/yr)
Monthly rental income
Monthly ownership cost
Coverage
73%
Net /mo
−$1,518
DSCR
0.87
Est. Annual Revenue
$37,649/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$2,041 /mo (−$24,490/yr)
Monthly STR income
Monthly ownership cost
Coverage
74%
Net /mo
−$2,040
DSCR
0.70
$587,500
+6% vs median
39 days
660
$175,000 – $7,995,000
$3,194
High Crime
28.7
per 1,000
83.9
per 1,000
34.5
per 1,000
147.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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