48 200, Salt Lake City, UT 84103
3BD/—BA Residential in Salt Lake City, UT 84103. 1,898 sqft. Built 1888. Listed at $684,000. MLS #2130775.
3BD/—BA Residential in Salt Lake City, UT 84103. 1,898 sqft. Built 1888. Listed at $684,000. MLS #2130775.
$684,000
Originally listed at $699,000
Exceptional triplex in the highly sought-after Capitol Hill Historic District. Built in 1888, this property blends historic charm with an unbeatable downtown location. The triplex features three separate 1-bedroom, 1-bath units on a 0.10-acre lot. Enjoy close proximity to downtown Salt Lake City, the State Capitol, Memory Grove, City Creek Canyon, and an array of restaurants, cafes, and cultural attractions, all within a highly walkable neighborhood.
Property Type
Residential
Property Style
Triplex
Architectural Style
Stories: 2
Subdivision
CAPITOL HILL HISTORIC DISTRICT
County
Salt Lake
Zoning
Single-Family, Multi-Family, Short Term Rental Allowed
Construction
Brick
Lot Size
0.1 sq ft
Condition
Blt./Standing
MLS #
2130775
Property Type
Residential
Property Style
Triplex
Architectural Style
Stories: 2
Subdivision
CAPITOL HILL HISTORIC DISTRICT
County
Salt Lake
Zoning
Single-Family, Multi-Family, Short Term Rental Allowed
Construction
Brick
Lot Size
0.1 sq ft
Condition
Blt./Standing
MLS #
2130775
List Price
$684,000
Original Price
$699,000
Annual Taxes
$2,333
Home Warranty
No
List Price
$684,000
Original Price
$699,000
Annual Taxes
$2,333
Home Warranty
No
Heating
Gas: Central
Roof
Pitched,Tile
Flooring
Carpet,Linoleum
Materials
Brick
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Central
Roof
Pitched,Tile
Flooring
Carpet,Linoleum
Materials
Brick
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
100/100
vs Similar Homes
31% below
vs Market Median
18% above
Price Reduced
2.1%
Area Growth (YoY)
-0.9%
Deal Score Breakdown
100/100 · 1 qualifying signal
Priced 31% below the median of similar listings
2% price reduction from original list — seller may be motivated
LT net cashflow -$969/mo (-21.3% return on ownership cost) · STR net cashflow -$2,348/mo (-51.7% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 18% above the per-subtype city median
-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
$4,058/mo
Range: $3,223 – $4,893
Net Monthly Cash Flow
−$969 /mo (−$11,627/yr)
Monthly rental income
Monthly ownership cost
Coverage
89%
Net /mo
−$969
DSCR
1.04
Est. Annual Revenue
$37,578/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$2,349 /mo (−$28,193/yr)
Monthly STR income
Monthly ownership cost
Coverage
69%
Net /mo
−$2,348
DSCR
0.64
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$587,500
+16% vs median
39 days
660
$175,000 – $7,995,000
$2,333
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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