127 800, Salt Lake City, UT 84102
1BD/—BA Residential in Salt Lake City, UT 84102. 531 sqft. Built 1969. Listed at $225,000. MLS #2131399.
1BD/—BA Residential in Salt Lake City, UT 84102. 531 sqft. Built 1969. Listed at $225,000. MLS #2131399.
This fully remodeled one-bedroom condo is in the heart of Salt Lake City. The all-new kitchen, bath, and reconfigured floor plan offer an open and modern space with beautiful finishes throughout, including brand-new stainless steel appliances-dishwasher, range, and refrigerator; laundry on site. The light-filled unit features a dedicated covered patio, perfect for pets or relaxing with your morning cup of coffee. The location couldn't be more ideal. With the University of Utah, Downtown Salt Lake City, and numerous trailheads all an equal distance from your front door, you'll have endless options for work, play, and outdoor adventure. The unit includes one assigned parking spot, but a TRAX station is just two blocks away, and 200 S. has a new bike lane going into downtown, making car-free commuting a real possibility. Walkability is amazing here-local coffee shops, grocery stores, and restaurants are a short walk away, making this a truly urban location with the feel of a small tree-lined neighborhood.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
PARTRIDGE PLACE CONDM
County
Salt Lake
Zoning
Multi-Family
Construction
Asphalt,Brick
Lot Size
0.01 sq ft
Above Grade Area
531 sq ft
Condition
Blt./Standing
MLS #
2131399
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
PARTRIDGE PLACE CONDM
County
Salt Lake
Zoning
Multi-Family
Construction
Asphalt,Brick
Lot Size
0.01 sq ft
Above Grade Area
531 sq ft
Condition
Blt./Standing
MLS #
2131399
List Price
$225,000
Original Price
$265,000
HOA Fees
$350 / Monthly
Annual Taxes
$911
Home Warranty
No
List Price
$225,000
Original Price
$265,000
HOA Fees
$350 / Monthly
Annual Taxes
$911
Home Warranty
No
Heating
Electric
Roof
Asphalt
Flooring
Carpet,Tile
Materials
Asphalt,Brick
Appliances
Refrigerator
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Electric
Roof
Asphalt
Flooring
Carpet,Tile
Materials
Asphalt,Brick
Appliances
Refrigerator
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
1
Covered Spaces
0
Total Parking
1
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
100/100
vs Similar Homes
26% below
vs Market Median
2% below
Price Reduced
15.1%
Area Growth (YoY)
-1.2%
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 26% below the median of similar listings
15% price reduction from original list — seller may be motivated
Priced 2% below the per-subtype city median
-1.2% year-over-year ZHVI growth in this area
LT net cashflow -$989/mo (-53.3% return on ownership cost) · STR net cashflow -$1,198/mo (-64.6% 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
$984/mo
Range: $760 – $1,208
Net Monthly Cash Flow
−$989 /mo (−$11,872/yr)
Monthly rental income
Monthly ownership cost
Coverage
53%
Net /mo
−$989
DSCR
0.77
Est. Annual Revenue
$11,276/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$1,198 /mo (−$14,372/yr)
Monthly STR income
Monthly ownership cost
Coverage
51%
Net /mo
−$1,198
DSCR
0.58
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$587,500
-62% vs median
39 days
660
$175,000 – $7,995,000
$911
$350/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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