515 1000, Salt Lake City, UT 84102
2BD/—BA Residential in Salt Lake City, UT 84102. 2,151 sqft. Built 1965. Listed at $695,000. MLS #2130681.
2BD/—BA Residential in Salt Lake City, UT 84102. 2,151 sqft. Built 1965. Listed at $695,000. MLS #2130681.
Exceptional value meets timeless luxury in this rare, fully renovated double-unit at the iconic mid-century Aztec Condos. Perfectly positioned between Downtown Salt Lake City and the University of Utah, Renovated in 2021 with uncompromising attention to detail, the home features a chef's kitchen with Sub-Zero, Miele, and Thermador appliances, custom walnut and lacquer cabinetry, Ann Sacks tile, cork flooring, and brand new plush wool carpet throughout. 2 brand new water heaters. The thoughtful floor plan includes a large enclosed terrace, walk-in pantry, and dedicated laundry room-rare luxuries in condo living. Enjoy sweeping, unobstructed views of the Downtown, the foothills and the State Capitol. Included are two covered parking spaces and four private storage units. Just one block to TRAX and moments from the University, dining, and cultural amenities, this is a truly standout opportunity and one of the best luxury values in the city. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
AZTEC
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
2,151 sq ft
Condition
Blt./Standing
MLS #
2130681
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
AZTEC
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
2,151 sq ft
Condition
Blt./Standing
MLS #
2130681
List Price
$695,000
Original Price
$750,000
HOA Fees
$679 / Monthly
Annual Taxes
$2,339
Home Warranty
No
List Price
$695,000
Original Price
$750,000
HOA Fees
$679 / Monthly
Annual Taxes
$2,339
Home Warranty
No
Heating
Electric
Cooling
Central Air
Roof
Flat
Flooring
Carpet,Tile,Cork
Basement
None
Materials
Brick
Appliances
Range Hood,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Electric
Cooling
Central Air
Roof
Flat
Flooring
Carpet,Tile,Cork
Basement
None
Materials
Brick
Appliances
Range Hood,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
73/100
vs Similar Homes
84% above
vs Market Median
7% below
Price Reduced
7.3%
Area Growth (YoY)
-0.8%
Deal Score Breakdown
73/100 · 2 qualifying signals
7% price reduction from original list — seller may be motivated
Priced 7% below the per-subtype city median
Priced 84% above the median of similar listings
-0.8% year-over-year ZHVI growth in this area
LT net cashflow -$1,715/mo (-32.6% return on ownership cost) · STR net cashflow -$3,206/mo (-60.9% 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
$4,033/mo
Range: $2,441 – $5,625
Net Monthly Cash Flow
−$1,715 /mo (−$20,578/yr)
Monthly rental income
Monthly ownership cost
Coverage
77%
Net /mo
−$1,715
DSCR
1.02
Est. Annual Revenue
$35,274/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$3,206 /mo (−$38,476/yr)
Monthly STR income
Monthly ownership cost
Coverage
56%
Net /mo
−$3,206
DSCR
0.59
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$570,000
+22% vs median
57 days
615
$184,000 – $7,995,000
$2,339
$679/monthly
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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