Description
Imagine cutting your mortgage nearly in half - that's exactly what this rare Millcreek duplex makes possible. Priced under $700K, this income-producing property sits on a spacious lot backing directly to Big Cottonwood Creek, offering the kind of serene, nature-adjacent setting that's nearly impossible to find this close to Salt Lake City. The numbers work from day one. The upstairs unit - a bright 3-bedroom, 1.5-bath home - rents for $2,195/month, while the downstairs 2-bedroom, 1-bath unit brings in $1,795/month through July 31, then $1,895 starting Aug 1. Secure this property to bring in rental income to offset your mortgage while you build serious equity in one of Utah's most desirable neighborhoods. Move into one unit and let your tenant cover the bulk of your housing costs - or hold both as a fully tenanted investment. Either way, all appliances including washers and dryers convey to the new owner, so there's nothing to buy and nothing to move. Both tenants plan to vacate at lease end (upstairs May 31, downstairs July 31, new basement tenant Aug 1, 2026 to July 31 2027, new buyer can cancel with 30 days notice), giving a new owner full flexibility to occupy or re-lease at market rates. You're five minutes from the newly developed Millcreek Common (yes please, Blacksmith Ice cream) and Downtown Holladay (OrangeTheory Fitness, Great Harvest, 3 Cups Coffee), ten minutes from the mouth of Millcreek Canyon, and surrounded by grocery stores, restaurants, and everyday conveniences. Whether you're heading to the mountains, downtown Salt Lake, or anywhere in between, this address puts you in the middle of it all. Millcreek duplexes like this - creek-side, large lot, proven rent history, fully appliance-ready, and perfectly located - simply don't come up often. House hackers, this one's built for you.
