515 E SHERMAN AVE, Salt Lake City, UT 84105

$610,000

Est. $3,706/mo

Beds
4
Baths
2
Sq ft
1,720
Built
1950

Why this home stands out

About this home

**MOTIVATED SELLER** Welcome to this beautifully remodeled Salt Lake City home, where modern updates meet timeless charm in one of the city's most desirable neighborhoods. Just steps from a local cafe, and only a block from Liberty Park, you'll enjoy the perfect blend of convenience and lifestyle. Inside, you'll find stylish finishes, granite countertops, and move-in-ready living spaces. Outside, relax on the private patio or take advantage of the RV parking for added convenience. Enjoy peace of mind with updates such as roof, windows, & HVAC all replaced in 2024. A standout feature is the fully separate mother-in-law basement apartment with its own private entrance ideal for rental income, multigenerational living, or a private guest suite.

Features

  • Basement Apartment
  • Disposal
  • Kitchen: Second
  • Mother-in-Law Apt.
  • Range/Oven: Free Stdng.
  • Granite Countertops
  • Basement Entrance
  • Double Pane Windows
  • Lighting
  • Porch: Open

Agents

Connect with your buyer agent

Get local guidance on this home from Juston.

JP

Salt Lake County Realtor | Smart Real Estate. Lasting Legacy.

KW Utah Realtors Keller Williams (REVO)

20 yrs experience

Salt Lake City, West Valley City
Dedicated buyer representation

Listed by Justin Gallegos

Elevation RE LLC

MLS #2193260

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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

Nearby

Recreation

74 / 100
Show 2 more

Everyday needs

76 / 100
Show 9 more

Internet

Excellent · fiber · 100/100
  • Google Fiber

    Fiber · 8 Gbps

  • Quantum Fiber

    Fiber · 2 Gbps

  • Xfinity

    Cable · 2 Gbps

All 11 providers
  • Google FiberFiber8 Gbps8 Gbps
  • Quantum FiberFiber2 Gbps1 Gbps
  • XfinityCable2 Gbps2 Gbps
  • CenturyLinkFiber1 Gbps1 Gbps
  • Utah BroadbandFixed Wireless1 Gbps1 Gbps
  • VerizonFixed Wireless1 Gbps75 Mbps
  • StarlinkSatellite280 Mbps30 Mbps
  • CenturyLinkDSL140 Mbps20 Mbps
  • HughesNetSatellite100 Mbps5 Mbps
  • T-MobileFixed Wireless100 Mbps20 Mbps
  • Viasat IncSatellite100 Mbps3 Mbps
  • AT&TFixed Wireless25 Mbps3 Mbps

Home details

Property

Type
Residential
Style
Single Family Residence
Architectural style
Rambler/Ranch
Year built
1950
Stories
2
Above grade area
860 sq ft
Condition
Blt./Standing
Construction
Brick
Subdivision
PLAT A
County
Salt Lake
MLS #
2193260

Costs

List price
$610,000
Annual taxes
$2,967
Home warranty
No

Lot and parking

Lot
3,049 sqft
Lot features
Fenced: Part,Sidewalks,Sprinkler: Auto-Full,View: Mountain
Garage
1 car
Covered spaces
1
Total parking
1

Systems

Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Appliances
Dryer,Washer
Laundry
Electric Dryer Hookup
Patio and porch
Porch: Open
Water
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
All home details58 details

Property Info

Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Condition
Blt./Standing
MLS #
2193260
County
Salt Lake
Subdivision
PLAT A
Year Built
1950
New Construction
No
Stories
2
Total Rooms
14
Living Area
1,720 sq ft
Above Grade Area
860 sq ft
Lot Size (Acres)
0.07
Lot Size
3,049.2 sq ft

Bedrooms & Baths

Bedrooms
4
Total Bathrooms
2
Full Baths
1
¾ Baths
1

Financial

List Price
$610,000
Original Price
$610,000
HOA
No
Annual Taxes
$2,967
Home Warranty
No

Structure

Construction
Brick
Basement
Full
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Heating
Forced Air,Gas: Central
Cooling
Central Air
Appliances
Dryer,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open

Lot & Land

Lot Features
Fenced: Part,Sidewalks,Sprinkler: Auto-Full,View: Mountain
Topography
Fenced: Part, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain
View
Mountain(s)
Waterfront
No
Horse Property
No

Parking

Garage
Yes
Garage Spaces
1
Carport
No
Covered Spaces
1
Total Parking
1
ADU
Yes

Amenities

Fireplace
No
Pool
No
Spa/Hot Tub
No
Inclusions
Dryer, Washer

Utilities

Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Utilities
Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected

Schools

Elementary
Whittier
Middle School
Hillside
High School
East
Elementary District
Salt Lake

Timeline

Listed
Oct 27, 2026
Days on Market
97
Status
Active

Salt Lake City market

Explore Salt Lake City
  • Salt Lake City median

    $548,900

    This home: 11% above

  • Days to sell

    54

    Utah: 70

  • Homes for sale

    801

  • Price range

    $185k – $8M

  • Sale to list

    98%

  • Market

    Buyer's market

SafetyHigh Crime · 147.1 incidents per 1,000 residents · 217% above the Utah average

Safety rating 1.0 out of 10.

Violent

28.7

per 1,000 · national 3.6

Property

83.9

per 1,000 · national 17.6

vs Utah

+217%

46.4 per 1,000 statewide

vs Salt Lake

+118%

67.5 per 1,000 countywide

Society

34.5

per 1,000

Population 212,675 · 2024 reports · Local rates use NIBRS; national rates use FBI UCR index crimes, which count fewer offense types.

Location

PLAT A

515 E SHERMAN AVE, Salt Lake City, UT 84105

Open in map search

Common questions

About 515 E SHERMAN AVE, Salt Lake City, Utah
What is the asking price for 515 E SHERMAN AVE, Salt Lake City?

515 E SHERMAN AVE, Salt Lake City is listed at $610,000 ($355/sqft). This listing is currently active and available for showings.

Is 515 E SHERMAN AVE, Salt Lake City a good deal?

Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 50/100. The price is 2% below similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.

Is 515 E SHERMAN AVE, Salt Lake City a good investment property?

Based on market rental data, this property has an estimated annual rent of $33,690 with a gross rental yield of 5.5%. Net rental yield (after estimated expenses): 3.6%. Estimated debt service coverage ratio (DSCR): 0.75. Investor score: 38/100. These are estimates based on area comparables.

What lifestyle features does 515 E SHERMAN AVE, Salt Lake City offer?

Propaired's AI has identified 4 lifestyle features for this property: RV Friendly, ADU & Multigenerational, 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 515 E SHERMAN AVE, Salt Lake City?

This property has a recreation score of 74/100. Nearby recreation includes: 600 S (JRP) trailhead (2.5 mi); Liberty Park park (0.3 mi); Forest Dale Golf Course (2.0 mi); This Is The Place Heritage Park (3.3 mi). Skiing: Snowbird Ski and Summer Resort (16.4 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.

What amenities and services are near 515 E SHERMAN AVE, Salt Lake City?

This property has an amenity proximity score of 76/100. Nearby services include: Grocery: Smith's (1.4 mi); Hospital: Victoria Serpico (1.9 mi); Pharmacy: CVS Pharmacy (1.7 mi); Dining: Kaiser's Texas Bar-B-Q (1.2 mi). Gas station: 1.7 miles. Gym: Salt Lake Tennis & Health Club (2.6 mi).

All 8 questions
What schools serve 515 E SHERMAN AVE, Salt Lake City?

Assigned schools: Elementary: Whittier; Middle: Hillside; High: East. There are 2 schools within 3 miles of this property. The highest-rated nearby school is Emerson School with a 58% state performance score (1.3 miles away). School district: Salt Lake.

What is the internet speed at 515 E SHERMAN AVE, Salt Lake City?

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 (25 Mbps, Fixed Wireless); CenturyLink (1000 Mbps, Fiber); CenturyLink (140 Mbps, DSL). Total providers: 11.

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