MLS #2151403 | 3910 S 1040 E, Millcreek

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> 4 Units for Sale

Marcus & Millichap is pleased to present this exclusive listing of a core+ multifamily asset in Salt Lake City's Millcreek corridor, one of the region's 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 Utah's 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.

Price Insights

Current price
Price per sq ft
Price per finished sq ft

$2,100,000
$285 / square foot
$285 / finished sq ft

12 Days on the Market

Status: Available

Schools, Inclusions, & Exclusions

Inclusions are often re-negotiated during contract negotiation.

No items have been listed as excluded.

Granite School District

Elementary: James E. Moss
Middle: Bonneville
Senior: Cottonwood

The Numbers

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

7,376 square feet
Style: 2 Story
1968
.28 acres
12,197 square feet

Home Features & Amenities

Style: 2 Story

Private Showing

For showing appointments, call High Road Properties LLC to view the home at 3910 S 1040 E in Millcreek. Give High Road Properties LLC a call at (801) 599-8823.

3910 S 1040 E was listed on Apr 5th, 2026 by Marcus & Millichap Real Estate Investment Services of Atlanta, INC, a real estate brokerage. 303-328-2050 is the contact info for the listing brokerage contact assigned for this listing.

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