3157 S Elmer W, Magna, UT 84044

Magna
Local realty services provided by:ERA Brokers Consolidated
3157 S Elmer W,Magna, UT 84044
$539,000
  • 5 Beds
  • 2 Baths
  • 2,188 sq. ft.
  • Single family
  • Pending
Listed by: rick bentley, oleszja kacsur
Office: coldwell banker realty (union heights)
MLS#:2147306
Source:SL

Price summary

  • Price:$539,000
  • Price per sq. ft.:$246.34

About this home

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

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Home facts

  • Year built:1917
  • Listing ID #:2147306
  • Added:88 day(s) ago
  • Updated:June 27, 2026 at 08:37 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:12
  • Flooring:Carpet, Tile
  • Kitchen Description:Microwave, Range Hood, Refrigerator
  • Basement Description:Entrance, Full, Walk-Out Access
  • Living area:2,188 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas: Central

Structure and exterior

  • Roof:Asphalt
  • Year built:1917
  • Building area:2,188 sq. ft.
  • Lot area:0.23 Acres
  • Lot Features:Fenced: Full, Flat, Secluded
  • Architectural Style:Bungalow/Cottage
  • Exterior Features:Awning(s), Lighting, Out Buildings
  • Levels:2 Story

Schools

  • High school:Cyprus
  • Elementary school:Lake Ridge

Utilities

  • Water:Culinary, Water Connected
  • Sewer:Sewer Connected, Sewer: Connected, Sewer: Public

Finances and disclosures

  • Price:$539,000
  • Price per sq. ft.:$246.34
  • Tax amount:$2,538

Features and amenities

  • Laundry features:Dryer, Electric Dryer Hookups, Washer
  • Amenities:Mother-In-Law Apartment

Parking

  • Total parking spaces:6
  • Parking description:2 Car Garage, Covered, Rv Parking
  • Garage spaces:2

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