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Duplex

Active

83Days on Market

$1,200,000

$303/sqft+3.6%/yrHome values in the 84109 zip code have grown an average of 3.6% per year over the last 5 years.

Price history — protected

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About This Property

I'm interested

Situated in the heart of Millcreek, 3592 & 3598 S 2175 E offers a stabilized, income-producing duplex in one of Salt Lake County's most consistently sought-after rental submarkets. The property consists of two 4 bed / 2 bath units, catering to a broad and reliable tenant base. Renovated in 2018, the asset features updated plumbing, electrical, roof, and interior finishes, helping minimize near-term capital expenditures while supporting stable occupancy. A standout feature is the on-site shop, providing flexibility for storage, workspace, or potential ancillary income. Additionally, the property is equipped with solar panels that generate income, offering an extra revenue stream while enhancing energy efficiency and long-term sustainability, with potential to increase solar-related charges and further boost revenue. Millcreek continues to attract strong investor interest due to its central location, established residential character, and proximity to both employment centers and outdoor recreation. With limited new supply and sustained rental demand, the area has demonstrated consistent performance and long-term growth potential, making it a proven and resilient submarket within the Salt Lake Valley.

Property Features

Heating

Forced Air

Flooring

Hardwood

Exterior Features

Double Pane Windows,Patio: Covered,Secured Building

Parking

Covered,Parking: Uncovered

Unit Breakdown

Type 1×2

4 bed · 2 bath · Square Feet: 1982

$2,862/mo each

= $5,724/mo

Type 2

0 bath

$2,800/mo

Total Actual Rent(3 units)

$8,524/mo

Location

Estimated Monthly Payment

$6,758/mo

Down Payment$240,000 (20%)

Principal & Interest$6,086

Property Tax$447/mo

Insurance (est.)$225/mo

Est. Total$6,758/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

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MLS# 2163077• Tax ID: 16-34-104-038

Courtesy of Jacob S Nielson, Newmark Mountain West · jnielson@newmarkmw.com

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.