- Great Deal (vs Similar)
2540 S 700 E, Millcreek, UT 84106
$890,000
Est. $5,407/mo
- Beds
- 8
- Baths
- 4
- Sq ft
- 3,424
- Built
- 1975
Why this home stands out
- Priced 16% below selected similar sold homes
- Priced 6% below AVM estimate
About this home
Prime Sugar House FOURPLEX investment opportunity and immense value-add potential! Situated in one of Salt Lake City's most lucrative and high-demand rental pockets, this 4-unit complex offers unbeatable walkability to local boutique shopping, diverse dining options, Sugar House Park, and provides effortless commuting access to Westminster University and the University of Utah. A rare find for the area, this property features a dedicated off-street driveway leading to ample private parking at the back of the building, eliminating any street parking hassle for tenants. Portfolio Expansion: The adjacent duplex directly to the south (2544 S 700 E) is also listed for sale by the same owner, providing a premier opportunity to lock down a multi-building portfolio footprint. This fourplex parcel is being sold as part of a 1031 tax-deferred exchange. Buyer to verify all listing details, current lease terms, utilities, and square footage.
Agents
Connect with your buyer agent
Get local guidance on this home from Juston.
Salt Lake County Realtor | Smart Real Estate. Lasting Legacy.
20 yrs experience
Listed by Silvia T. Salguero-Huerta
TierOne Real Estate LLC
MLS #2166646
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See the deal analysis, value and rental income
Ask Juston how this home rates as a deal, what it should sell for, and what it could earn as a long-term or short-term rental.
- Deal score
- Estimated value
- Rental income
Schools
Salt Lake- Highland Park
Elementary
- Hillside
Middle School
- Highland
High School
- William Penn School
K-8 School · 2.2 mi
58% proficient - Emerson School
K-8 School · 2.3 mi
58% proficient - Salt Lake Arts Academy
K-8 School · 2.6 mi
56% proficient
Nearby
Recreation
76 / 100- Golf Course · Forest Dale Golf Course1575 ft
- Local Park · Bickley Park0.6 mi
- Trailhead · James Madison3.1 mi
- State Park · This Is The Place Heritage Park3.8 mi
Show 3 more
- Climbing · Parley's Canyon4.6 mi
- Airport · Salt Lake City Intl Airport7.7 mi
- Ski Resort · Snowbird Ski and Summer Resort15 mi
Everyday needs
90 / 100- School · Nibley Park School1345 ft
- Fire Station · Fire Station 32264 ft
- EV Charging · ChargePoint Charging Station2559 ft
- Grocery · Smith's0.8 mi
Show 9 more
- Bank · KeyBank0.9 mi
- Restaurant · Hruska's Kolaches0.9 mi
- Hospital · Victoria Serpico0.9 mi
- Pharmacy · Sugar House Health Center1.0 mi
- Gas Station · Harmon's Fuel Stop1.1 mi
- Park · Sugar House Horseshoe Pit1.5 mi
- Gym · Epic Fitness1.5 mi
- Cafe · Higher Ground Coffee2.1 mi
- Doctors · Dr. Richard R. Flynn, MD2.3 mi
Internet
Excellent · fiber · 100/100Google Fiber
Fiber · 8 Gbps
Quantum Fiber
Fiber · 2 Gbps
Xfinity
Cable · 2 Gbps
All 12 providers
- Google FiberFiber8 Gbps8 Gbps
- Quantum FiberFiber2 Gbps1 Gbps
- XfinityCable2 Gbps2 Gbps
- CenturyLinkFiber1 Gbps1 Gbps
- VerizonFixed Wireless1 Gbps75 Mbps
- StarlinkSatellite280 Mbps30 Mbps
- CenturyLinkDSL140 Mbps100 Mbps
- AT&TFixed Wireless100 Mbps20 Mbps
- HughesNetSatellite100 Mbps5 Mbps
- T-MobileFixed Wireless100 Mbps20 Mbps
- Utah BroadbandFixed Wireless100 Mbps25 Mbps
- Viasat IncSatellite100 Mbps3 Mbps
- SenaWaveFixed Wireless30 Mbps15 Mbps
Home details
Property
- Type
- Residential
- Style
- Quadruplex
- Architectural style
- Up And Down
- Year built
- 1975
- Stories
- 0
- Condition
- Blt./Standing
- Construction
- Brick
- Subdivision
- PLAT A
- County
- Salt Lake
- Zoning
- Multi-Family
- MLS #
- 2166646
Costs
- List price
- $890,000
- Annual taxes
- $4,338
- Home warranty
- No
Lot and parking
- Lot
- 6,534 sqft
- Lot features
- Fenced: Part,Road: Paved,Sidewalks,Drip Irrigation: Auto-Full
- Covered spaces
- 0
- Total parking
- 0
Systems
- Heating
- Forced Air
- Roof
- Asphalt
- Flooring
- Carpet,Vinyl
- Laundry
- Electric Dryer Hookup
- Water
- Culinary
- Sewer
- Sewer: Connected,Sewer: Public
All home details50 details
Property Info
- Property Type
- Residential
- Property Style
- Quadruplex
- Architectural Style
- Up And Down
- Condition
- Blt./Standing
- MLS #
- 2166646
- County
- Salt Lake
- Subdivision
- PLAT A
- Year Built
- 1975
- New Construction
- No
- Stories
- 0
- Total Rooms
- 0
- Living Area
- 3,424 sq ft
- Lot Size (Acres)
- 0.15
- Lot Size
- 6,534 sq ft
- Zoning
- Multi-Family
Bedrooms & Baths
- Bedrooms
- 8
- Total Bathrooms
- 4
Financial
- List Price
- $890,000
- Original Price
- $890,000
- HOA
- No
- Annual Taxes
- $4,338
- Home Warranty
- No
Structure
- Construction
- Brick
- Roof
- Asphalt
- Flooring
- Carpet,Vinyl
- Heating
- Forced Air
- Laundry
- Electric Dryer Hookup
Lot & Land
- Lot Features
- Fenced: Part,Road: Paved,Sidewalks,Drip Irrigation: Auto-Full
- Topography
- Fenced: Part, Road: Paved, Sidewalks, Drip Irrigation: Auto-Full
- Waterfront
- No
- Horse Property
- No
Parking
- Garage
- No
- Carport
- No
- Covered Spaces
- 0
- Total Parking
- 0
- ADU
- No
Amenities
- Fireplace
- No
- Pool
- No
- Spa/Hot Tub
- No
- Inclusions
- Range, Refrigerator
Utilities
- Water Source
- Culinary
- Sewer
- Sewer: Connected,Sewer: Public
- Utilities
- Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Schools
- Elementary
- Highland Park
- Middle School
- Hillside
- High School
- Highland
- Elementary District
- Salt Lake
Timeline
- Listed
- May 7, 2026
- Days on Market
- 105
- Status
- Active
Millcreek market
Explore MillcreekMillcreek median
$604,300
This home: 47% above
Days to sell
65
Utah: 70
Homes for sale
138
Price range
$215k – $10.7M
Sale to list
99%
Market
Balanced market
Location
PLAT A2540 S 700 E, Millcreek, UT 84106
Open in map searchCommon questions
About 2540 S 700 E, Millcreek, UtahWhat is the asking price for 2540 S 700 E, Millcreek?
2540 S 700 E, Millcreek is listed at $890,000 ($260/sqft). This listing is currently active and available for showings.
Is 2540 S 700 E, Millcreek a good deal?
Propaired's AI deal analysis classifies this property as a "Great Deal (vs Similar)" with a deal score of 90/100. Key deal signals: Priced 16% below selected similar sold homes; Priced 6% below AVM estimate. The price is 16% below similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.
Is 2540 S 700 E, Millcreek a good investment property?
Based on market rental data, this property has an estimated annual rent of $44,162 with a gross rental yield of 5.0%. Net rental yield (after estimated expenses): 3.2%. Estimated debt service coverage ratio (DSCR): 0.67. Investor score: 40/100. These are estimates based on area comparables.
What lifestyle features does 2540 S 700 E, Millcreek offer?
Propaired's AI has identified 2 lifestyle features for this property: Investor Special, Pet Friendly. The primary lifestyle niche is "investor_special." These tags are derived from MLS data, property features, and location analysis.
What recreation is near 2540 S 700 E, Millcreek?
This property has a recreation score of 76/100. Nearby recreation includes: James Madison trailhead (3.1 mi); Bickley Park park (0.6 mi); Forest Dale Golf Course (0.3 mi); This Is The Place Heritage Park (3.8 mi). Skiing: Snowbird Ski and Summer Resort (14.6 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.
What amenities and services are near 2540 S 700 E, Millcreek?
This property has an amenity proximity score of 90/100. Nearby services include: Grocery: Smith's (0.8 mi); Hospital: Victoria Serpico (0.9 mi); Pharmacy: Sugar House Health Center (1.0 mi); Dining: Hruska's Kolaches (0.9 mi). Gas station: 1.1 miles. Gym: Epic Fitness (1.5 mi).
All 8 questions
What schools serve 2540 S 700 E, Millcreek?
Assigned schools: Elementary: Highland Park; Middle: Hillside; High: Highland. There are 4 schools within 3 miles of this property. The highest-rated nearby school is Rosecrest School with a 59% state performance score (2.7 miles away). School district: Salt Lake.
What is the internet speed at 2540 S 700 E, Millcreek?
This property has a broadband score of 100/100 (Excellent). Best available speed: 8000 Mbps download / 8000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (100 Mbps, Fixed Wireless); CenturyLink (1000 Mbps, Fiber); CenturyLink (140 Mbps, DSL). Total providers: 12.
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