2145 700, Lehi, UT 84043
4BD/—BA Residential in Lehi, UT 84043. 2,240 sqft. Built 1894. Listed at $589,900. MLS #2163834.
4BD/—BA Residential in Lehi, UT 84043. 2,240 sqft. Built 1894. Listed at $589,900. MLS #2163834.
Rare opportunity on a spacious .43-acre lot in a highly sought-after neighborhood surrounded by beautiful homes valued at $1.2M+. This charming property features a beautifully updated 2-bedroom main home along with a separate, super-cute updated 2-bedroom apartment, offering incredible flexibility for rental income, multigenerational living, guests, or a home office. The home and apartment have been thoughtfully updated while maintaining their character and charm. Enjoy the freedom of a large lot with room for pets, gardening, outdoor entertaining, and more. Properties with this much land in such a desirable area rarely become available. Move right in and enjoy the updates, space, and endless possibilities this unique property has to offer.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
County
Utah
Zoning
Single-Family
Construction
Aluminum
Lot Size
0.43 sq ft
Above Grade Area
2,240 sq ft
Condition
Blt./Standing
MLS #
2163834
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
County
Utah
Zoning
Single-Family
Construction
Aluminum
Lot Size
0.43 sq ft
Above Grade Area
2,240 sq ft
Condition
Blt./Standing
MLS #
2163834
List Price
$589,900
Annual Taxes
$2,212
Home Warranty
Yes
List Price
$589,900
Annual Taxes
$2,212
Home Warranty
Yes
Heating
Electric,Forced Air,Gas: Central,>= 95% efficiency
Cooling
Evaporative Cooling,Natural Ventilation
Roof
Asphalt
Flooring
Carpet,Laminate,Linoleum
Basement
None,Slab
Materials
Aluminum
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
View
Mountain(s)
Heating
Electric,Forced Air,Gas: Central,>= 95% efficiency
Cooling
Evaporative Cooling,Natural Ventilation
Roof
Asphalt
Flooring
Carpet,Laminate,Linoleum
Basement
None,Slab
Materials
Aluminum
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
View
Mountain(s)
Covered Spaces
0
Total Parking
3
Covered Spaces
0
Total Parking
3
Why this is a deal
Classification
Exceptional DealDeal Score
90/100
vs Similar Homes
17% below
vs Market Median
11% below
Area Growth (YoY)
2.5%
Deal Score Breakdown
90/100 · 2 qualifying signals
Priced 17% below the median of similar listings
Priced 11% below the per-subtype city median
2.5% year-over-year ZHVI growth in this area
LT net cashflow -$2,117/mo (-53.6% return on ownership cost) · STR net cashflow -$1,405/mo (-35.6% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
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
$2,083/mo
Range: $1,254 – $2,912
Net Monthly Cash Flow
−$2,118 /mo (−$25,411/yr)
Monthly rental income
Monthly ownership cost
Coverage
53%
Net /mo
−$2,117
DSCR
0.62
Est. Annual Revenue
$43,636/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,406 /mo (−$16,875/yr)
Monthly STR income
Monthly ownership cost
Coverage
92%
Net /mo
−$1,405
DSCR
0.85
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$575,900
+2% vs median
54 days
359
$307,900 – $3,950,000
$2,212
Low Crime
5.3
per 1,000
11.5
per 1,000
4.5
per 1,000
21.2
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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