PROPERTY DETAILS
About This Property
This home for sale at 3910 S 1040 E Millcreek, UT 84124 has been listed at $2,100,000 and has been on the market for 1 day.
Full Description
Marcus & Millichap is pleased to present this exclusive listing of a core+ multifamily asset in Salt Lake Citys Millcreek corridor, one of the regions most resilient rental submarkets. The property is being offered individually as part of a two-property, 16-unit portfolio, with the seller preferring a package sale but willing to consider individual offers. The investment thesis is straightforward: in-place cash flow paired with clearly defined upside through natural tenant turnover and ancillary income strategies. In-place rents reflect a tenured resident base, with an average tenancy of approximately two and a half years, signaling stability while presenting a mark-to-market opportunity as units turn. The asset benefits from strong demographic tailwinds driven by Utahs sustained population growth and a widening mortgage-to-rent affordability gap that continues to push would-be buyers into the rental market. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement. Do not disturb tenants. Contact listing agent for financials or to schedule a tour.
Property Highlights
- The property is being offered individually as part of a two-property, 16-unit portfolio, with the seller preferring a package sale but willing to consider individual offers. .
- The investment thesis is straightforward: in-place cash flow paired with clearly defined upside through natural tenant turnover and ancillary income strategies. .
- Marcus & Millichap is pleased to present this exclusive listing of a core+ multifamily asset in Salt Lake Citys Millcreek corridor, one of the regions most resilient rental submarkets. .
- Luxury property with premium finishes and exceptional attention to detail
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General Information
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Price
$2,100,000
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Days on Market
1
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Area
Holladay; Millcreek
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Total Bedrooms
16
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Total Bathrooms
8
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House Size
7376 Sq Ft
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Neighborhood
-
Address
3910 S 1040 E Millcreek, UT 84124
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Listed By
Marcus & Millichap Real Estate Investment Services Of Atlanta, INC
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HOA
NO
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Lot Size
0.28
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Price/sqft
284.71
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Year Built
1968
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MLS
2151403
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Status
Active
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City
Building and Construction
- Roof:
- Exterior:
- Construction:
- Foundation Basement:
Garage and Parking
- Garage Type: No
- Garage Spaces: 0
- Carport: 1
Price History
Apr 17, 2026
$2,100,000
Just Listed
$284.71/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
Neighborhood Information
PLAT A
Millcreek, UT
Located in the PLAT A neighborhood of Millcreek
Nearby Schools
- Elementary: James E. Moss
- High School: Bonneville
- Jr High: Bonneville
- High School: Cottonwood
Most errands can be accomplished on foot. Some Transit available, with 6 nearby routes: 6 bus, 0 rail, 0 other. This area is Bikeable - it's convenient to use a bike for trips.
Other Property Info
- Area: Holladay; Millcreek
- Zoning:
- State: UT
- County: Salt Lake
- This listing is courtesy of:: Evan Clark Marcus & Millichap Real Estate Investment Services of Atlanta, INC.
303-328-2050.
Based on information from UtahRealEstate.com as of 2026-04-17 10:00:45. 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.
