2327 700, Salt Lake City, UT 84106
4BD/—BA Residential in Salt Lake City, UT 84106. 1,882 sqft. Built 1923. Listed at $649,500. MLS #2130314.
4BD/—BA Residential in Salt Lake City, UT 84106. 1,882 sqft. Built 1923. Listed at $649,500. MLS #2130314.
Beautifully remodeled Salt Lake City bungalow blending timeless character with modern design, featuring a full-height, light-filled basement. This 4-bedroom, 3-bath home has been thoughtfully updated from top to bottom with cohesive, designer-selected finishes throughout. The main level offers a bright, open living space with waterproof LVP flooring, recessed lighting, and a welcoming fireplace. The kitchen is both stylish and functional, showcasing porcelain countertops, soft-close cabinetry, stainless steel appliances, and a clean, modern layout well suited for everyday living. The primary suite provides a comfortable retreat with a beautifully finished bathroom and quality fixtures. The lower level features a full-height basement with excellent natural light, three additional bedrooms, a full bathroom, and a dedicated laundry area, making the space feel open and well-integrated with the rest of the home. Outside, enjoy a detached garage, off-street parking, and a manageable yard, all set within a classic Salt Lake neighborhood with convenient access to dining, shopping, and downtown. This home offers a rare combination of historic charm, modern finishes, and true move-in readiness. Square footage figures are provided as a courtesy estimate; Buyers are encouraged to obtain an independent measurement. Owner/Agent.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.1 sq ft
Above Grade Area
999 sq ft
Condition
Blt./Standing
MLS #
2130314
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.1 sq ft
Above Grade Area
999 sq ft
Condition
Blt./Standing
MLS #
2130314
List Price
$649,500
Original Price
$679,500
Annual Taxes
$1,900
Home Warranty
No
List Price
$649,500
Original Price
$679,500
Annual Taxes
$1,900
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full
Materials
Brick
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full
Materials
Brick
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
1
Covered Spaces
1
Total Parking
5
Garage Spaces
1
Covered Spaces
1
Total Parking
5
Why this is a deal
Classification
Strong Cash FlowDeal Score
70/100
vs Similar Homes
9% below
vs Market Median
0% below
Price Reduced
4.4%
Area Growth (YoY)
0.9%
Deal Score Breakdown
70/100 · 2 qualifying signals
LT net cashflow +$297/mo (+6.9% return on ownership cost) · STR net cashflow -$1,806/mo (-41.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 9% below the median of similar listings
Priced 0% below the per-subtype city median
4% price reduction from original list — seller may be motivated
0.9% 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
$5,238/mo
Range: $4,393 – $6,082
Net Monthly Cash Flow
+$297 /mo (+$3,564/yr)
Monthly rental income
Monthly ownership cost
Coverage
122%
Net /mo
+$297
DSCR
1.40
Est. Annual Revenue
$42,959/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,806 /mo (−$21,673/yr)
Monthly STR income
Monthly ownership cost
Coverage
83%
Net /mo
−$1,806
DSCR
0.76
Elementary
Nibley ParkMiddle School
Nibley ParkHigh School
HighlandSchool District
Salt Lake
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$570,000
+14% vs median
56 days
618
$184,000 – $7,995,000
$1,900
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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Daryn Edmunds - High Road Properties

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Devin Tanner - Utah Realtor
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