355 1000, Salt Lake City, UT 84104
2BD/—BA Residential in Salt Lake City, UT 84104. 1,060 sqft. Built 1906. Listed at $389,000. MLS #2110185.
2BD/—BA Residential in Salt Lake City, UT 84104. 1,060 sqft. Built 1906. Listed at $389,000. MLS #2110185.
Charming Updated Home in Salt Lake City Welcome to this beautifully updated 2-bedroom, 1-bath home featuring a thoughtful blend of comfort and modern convenience. With 740 sq. ft. above ground and an additional 320 sq. ft. below ground, this residence offers efficient living space perfect for first-time buyers, downsizers, or investors. Inside, you'll find a freshly updated interior with modern finishes, central air conditioning, and a built-in security system for peace of mind. The cozy layout maximizes functionality while still feeling open and inviting. Step outside to your private backyard, complete with low-maintenance Astroturf-ideal for entertaining, pets, or playtime without the hassle of upkeep. Located in a convenient Salt Lake City neighborhood, this home provides quick access to shopping, dining, and commuter routes.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
MARTINS SUB
County
Salt Lake
Construction
Stucco
Lot Size
0.11 sq ft
Above Grade Area
740 sq ft
Condition
Blt./Standing
MLS #
2110185
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
MARTINS SUB
County
Salt Lake
Construction
Stucco
Lot Size
0.11 sq ft
Above Grade Area
740 sq ft
Condition
Blt./Standing
MLS #
2110185
List Price
$389,000
Original Price
$399,000
Annual Taxes
$1,840
Home Warranty
No
List Price
$389,000
Original Price
$399,000
Annual Taxes
$1,840
Home Warranty
No
Heating
Electric,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
Partial
Materials
Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Electric,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
Partial
Materials
Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
0
Total Parking
2
Covered Spaces
0
Total Parking
2
Classification
Standard
Deal Score
50/100
vs Similar Homes
2% below
vs Market Median
8% above
Price Reduced
2.5%
Area Growth (YoY)
4.3%
Deal Score Breakdown
50/100
Priced 2% below the median of similar listings
4.3% year-over-year ZHVI growth in this area
Priced 8% above the per-subtype city median
3% price reduction from original list — seller may be motivated
LT net cashflow -$1,244/mo (-47.1% return on ownership cost) · STR net cashflow -$1,971/mo (-74.6% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$1,587/mo
Range: $1,296 – $1,879
Net Monthly Cash Flow
−$1,244 /mo (−$14,928/yr)
Monthly rental income
Monthly ownership cost
Coverage
60%
Net /mo
−$1,244
DSCR
0.71
Est. Annual Revenue
$11,491/yr
$154/night · 54% occupancy · $58/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$1,970 /mo (−$23,645/yr)
Monthly STR income
Monthly ownership cost
Coverage
36%
Net /mo
−$1,971
DSCR
0.34
Elementary
FranklinMiddle School
None/OtherHigh School
None/OtherSchool District
Salt Lake
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$575,000
-32% vs median
55 days
621
$184,000 – $7,995,000
$1,840
High Crime
28.7
per 1,000
83.9
per 1,000
34.5
per 1,000
147.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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