MLS #2147306 | 3157 S Elmer, Magna

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Single Family Home for Sale

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

Rooms, Laundry, & Layout

	Beds	Baths	Laundry	Sq Ft
Floor 1	2	1	1	1,094
Basement^*	3	1	1	1,094

^*The basement is 100% finished.

Price Insights

Current price
Price per sq ft
Price per finished sq ft

$539,000
$246 / square foot
$246 / finished sq ft

2 Days on the Market

Status: Available

Schools, Inclusions, & Exclusions

Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
Inclusions are often re-negotiated during contract negotiation.

No items have been listed as excluded.

Granite School District

Elementary: Lake Ridge
Middle:
Senior: Cyprus

The Numbers

Interior :
Basement :
Style :
Year built :
Lot acres :
Lot sq ft :

2,188 square feet
100% finished
Style: Bungalow/Cottage
1917
.23 acres
10,019 square feet

Home Features & Amenities

Features: Basement Apartment, Mom-in-Law Apartment
Flooring: Carpet, Tile
Window Coverings: Blinds, Full
Heating: Forced Air, Central Gas
Air Conditioning: Central Air
Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Public Sewer, Water Connected

Exterior: Other
Roof: Asphalt
Style: Bungalow/Cottage

Lot Size: 0.23 Acres (10, 019 sqft)
Salt Lake County
Lot Info: Fully Fenced Secluded

Private Showing

For showing appointments, call Jenn Kikel Lynn, Realtor^® to view the home at 3157 S Elmer in Magna. Give Jenn Kikel Lynn, Realtor^® a call at (801) 641-1571.

3157 S Elmer was listed on Mar 23rd, 2026 by Coldwell Banker Realty (Union Heights), a real estate brokerage.

Mortgage Calculator

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