Pending

$539,000

3157 S Elmer St W, Magna, UT 84044

5beds

2,188sqft

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Single Family Residence

Built in 1917

10,018 Square Feet Lot

$535,100 Zestimate^®

$246/sqft

$-- HOA

What's special

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

79 days

6

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 2

Heating

Forced Air, Central

Cooling

Central Air

Appliances

Included: Dryer, Microwave, Range Hood, Refrigerator, Washer
Laundry: Electric Dryer Hookup

Features

Basement Apartment, In-Law Floorplan
Flooring: Carpet, Tile
Windows: Blinds, Full
Basement: Entrance,Full,Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 2,188
Total interior livable area: 2,188 sqft
Finished area above ground: 1,094
Finished area below ground: 1,094

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Property

Parking

Total spaces: 6
Parking features: Covered, RV Access/Parking
Garage spaces: 2
Uncovered spaces: 4

Features

Stories: 2
Exterior features: Awning(s), Lighting
Fencing: Full

Lot

Size: 10,018 Square Feet
Features: Secluded
Topography: Terrain
Residential vegetation: Landscaping: Full, Mature Trees

Details

Additional structures: Outbuilding
Parcel number: 1428302005
Zoning description: Single-Family

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow/Cottage
Property subtype: Single Family Residence

Materials

Other
Roof: Asphalt

Condition

Blt./Standing
New construction: No
Year built: 1917
Major remodel year: 1996

Utilities & green energy

Sewer: Public Sewer, Sewer: Public
Water: Culinary
Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Magna

Financial & listing details

Price per square foot: $246/sqft
Annual tax amount: $2,538
Date on market: 3/24/2026
Listing terms: Cash,Conventional,FHA,Seller Finance,VA Loan
Inclusions: Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
Acres allowed for irrigation: 0
Electric utility on property: Yes

Estimated market value

$535,100

$508,000 - $562,000

$2,561/mo

Price history

Date	Event	Price
6/10/2026	Pending sale	$539,000$246/sqft
Source: UtahRealEstate.com #2147306 Report a problem
5/18/2026	Listed for sale	$539,000$246/sqft
Source: UtahRealEstate.com #2147306 Report a problem
4/29/2026	Pending sale	$539,000$246/sqft
Source: UtahRealEstate.com #2147306 Report a problem
4/1/2026	Listed for sale	$539,000$246/sqft
Source: UtahRealEstate.com #2147306 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 84044

Getting around

11 / 100

Car-Dependent

31 / 100

Some Transit

31 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

3/10
Lake Ridge School
Grades: PK-6Distance: 0.7 mi
1/10
Scott M Matheson Jr High School
Grades: 7-8Distance: 0.7 mi
3/10
Cyprus High School
Grades: 9-12Distance: 1 mi

Schools provided by the listing agent

Elementary: Lake Ridge
High: Cyprus
District: Granite

Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.