5647 PARK PLACEWEST, Holladay, UT 84121
4BD/—BA Residential in Holladay, UT 84121. 2,508 sqft. Built 1974. Listed at $489,000. MLS #2140445.
4BD/—BA Residential in Holladay, UT 84121. 2,508 sqft. Built 1974. Listed at $489,000. MLS #2140445.
Holladay. Under $500K. Yes, really. Four bedrooms, 2,508 sq ft, mountain views, and a quiet established community on the East Bench - the kind of address people fight for. This 3-story townhome puts you minutes from Big Cottonwood Canyon, Holladay Village, and downtown SLC, all while feeding into Cottonwood High. The HOA handles water, sewer, trash, insurance, snow removal, and gives you pool, tennis, clubhouse, and RV parking - a rare combination at this price. The home is solid and well-maintained; the finishes are dated, and that's exactly the opportunity. A generous design credit at closing lets YOU CHOOSE your own flooring, paint, and fixtures - making this home truly yours from day one. Owner's suite on the second floor, full basement, attached 2-car garage, east-facing for morning light. If you've been waiting for a way into Holladay that doesn't require a $700K+ budget, this is it.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
3
County
Salt Lake
Zoning
Single-Family, Multi-Family
Construction
Stucco
Lot Size
0.04 sq ft
Above Grade Area
1,672 sq ft
Condition
Blt./Standing
MLS #
2140445
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
3
County
Salt Lake
Zoning
Single-Family, Multi-Family
Construction
Stucco
Lot Size
0.04 sq ft
Above Grade Area
1,672 sq ft
Condition
Blt./Standing
MLS #
2140445
List Price
$489,000
Original Price
$529,900
HOA Fees
$327 / Monthly
Annual Taxes
$2,242
Home Warranty
No
List Price
$489,000
Original Price
$529,900
HOA Fees
$327 / Monthly
Annual Taxes
$2,242
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
Full
Materials
Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
Full
Materials
Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Refrigerator,Washer,Water Softener Owned
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
95/100
vs Similar Homes
17% below
vs Market Median
3% above
Price Reduced
7.7%
Area Growth (YoY)
1.1%
Deal Score Breakdown
95/100 · 3 qualifying signals
Priced 17% below the median of similar listings
8% price reduction from original list — seller may be motivated
LT net cashflow +$304/mo (+8.3% return on ownership cost) · STR net cashflow -$664/mo (-18.2% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 3% above the per-subtype city median
1.1% year-over-year ZHVI growth in this area
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$4,483/mo
Range: $3,097 – $5,869
Net Monthly Cash Flow
+$304 /mo (+$3,647/yr)
Monthly rental income
Monthly ownership cost
Coverage
123%
Net /mo
+$304
DSCR
1.59
Est. Annual Revenue
$51,037/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$664 /mo (−$7,968/yr)
Monthly STR income
Monthly ownership cost
Coverage
117%
Net /mo
−$664
DSCR
1.20
Elementary
OakwoodMiddle School
BonnevilleHigh School
CottonwoodSchool District
Granite
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$795,000
-38% vs median
71 days
91
$199,900 – $14,500,000
$2,242
$327/monthly
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