PROPERTY DETAILS
View Virtual Tour
About This Property
This home for sale at 3157 S ELMER Magna, UT 84044 has been listed at $539,000 and has been on the market for 1 day.
Full Description
Exceptional investment opportunity featuring three fully remodeled homes on the same street, offering strong cash flow with 8% cap rate and annual net income of $128,668. Each property has been completely updated with new plumbing and electrical, providing peace of mind for years to come. All three homes include fully functional mother-in-law apartments with separate basement entrances, making them ideal for maximizing rental income or multi-generational living. Every unit is thoughtfully designed with kitchens both upstairs and downstairs, along with in-unit washer and dryer setups on each level, creating convenience and flexibility for tenants. All units are currently rented, offering immediate income, with the option to deliver vacant if desired. Offered at $1,600,000 for all three properties, this is a rare turnkey investment with strong returns and modern upgrades throughout. Each unit can be delivered vacant. MLS numbers 2147306, 2147305, 2147307
Property Highlights
- Exceptional investment opportunity featuring three fully remodeled homes on the same street, offering strong cash flow with 8% cap rate and annual net income of $128,668. .
- Offered at $1,600,000 for all three properties, this is a rare turnkey investment with strong returns and modern upgrades throughout. .
- Each property has been completely updated with new plumbing and electrical, providing peace of mind for years to come. .
- All three homes include fully functional mother-in-law apartments with separate basement entrances, making them ideal for maximizing rental income or multi-generational living. .
- MLS numbers 2147306, 2147305, 2147307.
Let me assist you on purchasing a house and get a FREE home Inspection!
General Information
-
Price
$539,000
-
Days on Market
1
-
Area
Magna; Taylrsvl; WVC; SLC
-
Total Bedrooms
5
-
Total Bathrooms
2
-
House Size
2188 Sq Ft
-
Address
3157 S ELMER Magna, UT 84044
-
Listed By
Coldwell Banker Realty (Union Heights)
-
HOA
NO
-
Lot Size
0.23
-
Price/sqft
246.34
-
Year Built
1917
-
MLS
2147306
-
Garage
2 car garage
-
Status
Active
-
City
-
Term Of Sale
Cash,Conventional,FHA,VA Loan
Inclusions
- Dryer
- Microwave
- Range
- Range Hood
- Refrigerator
- Washer
Interior Features
- Basement Apartment
- Mother-in-Law Apt.
Exterior Features
- Awning(s)
- Out Buildings
- Lighting
Building and Construction
- Roof: Asphalt
- Exterior: Awning(s),Out Buildings,Lighting
- Construction: Other
- Foundation Basement:
Garage and Parking
- Garage Type: No
- Garage Spaces: 2
Heating and Cooling
- Air Condition: Central Air
- Heating: Forced Air,Gas: Central
Land Description
- Fenced: Full
- Secluded Yard
- Terrain
- Flat
Price History
Apr 01, 2026
$539,000
Just Listed
$246.34/sqft
Mortgage Calculator
Estimated Monthly Payment
$0
Principal & Interest
$0
Property Tax (est)
$0
Home Insurance
$0
Loan Amount:
$0
Total Interest Paid:
$0
Total Amount Paid:
$0
Other Property Info
- Area: Magna; Taylrsvl; WVC; SLC
- Zoning: Single-Family
- State: UT
- County: Salt Lake
- This listing is courtesy of:: Rick Bentley Coldwell Banker Realty (Union Heights).
Utilities
Natural Gas Connected
Electricity Connected
Sewer Connected
Sewer: Public
Water Connected
Based on information from UtahRealEstate.com as of 2026-04-01 12:19:27. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.
