29 WOLCOTT, Salt Lake City, UT 84103
5BD/—BA Residential in Salt Lake City, UT 84103. 4,072 sqft. Built 1937. Listed at $1,595,000. MLS #2137390.
5BD/—BA Residential in Salt Lake City, UT 84103. 4,072 sqft. Built 1937. Listed at $1,595,000. MLS #2137390.
Historic Federal Heights Tudor with flexible living near the University of Utah, hospitals, downtown Salt Lake City, and the Avenues. This 5-bed, 5-bath, 4,072 sq ft residence blends 1937 character with fresh carpet, fresh paint, and an adaptable layout. The main home offers 4 bedrooms and 4 baths, plus an optional independent 1-bed/1-bath apartment with separate entrance that can remain separate or reconnect to the home. Classic charm, refreshed finishes, and a rare location-flexibility combination under $1.7M.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tudor
Stories
3
Subdivision
FEDERAL HEIGHTS
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Stone,Other
Lot Size
0.1 sq ft
Above Grade Area
2,787 sq ft
Condition
Blt./Standing
MLS #
2137390
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tudor
Stories
3
Subdivision
FEDERAL HEIGHTS
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Stone,Other
Lot Size
0.1 sq ft
Above Grade Area
2,787 sq ft
Condition
Blt./Standing
MLS #
2137390
List Price
$1,595,000
Original Price
$1,895,000
Annual Taxes
$6,600
Home Warranty
No
List Price
$1,595,000
Original Price
$1,895,000
Annual Taxes
$6,600
Home Warranty
No
Heating
Electric,Gas: Central
Cooling
Central Air
Roof
Tile
Flooring
Carpet,Hardwood,Stone
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Brick,Stone,Other
Appliances
Ceiling Fan,Portable Dishwasher,Dryer,Freezer,Microwave,Range Hood,Refrigerator,Water Softener Owned
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Electric,Gas: Central
Cooling
Central Air
Roof
Tile
Flooring
Carpet,Hardwood,Stone
Basement
Daylight,Entrance,Full,Walk-Out Access
Materials
Brick,Stone,Other
Appliances
Ceiling Fan,Portable Dishwasher,Dryer,Freezer,Microwave,Range Hood,Refrigerator,Water Softener Owned
Patio & Porch
Porch: Open,Patio: Open
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
Motivated SellerDeal Score
93/100
vs Similar Homes
16% above
vs Market Median
8% below
Price Reduced
15.8%
Area Growth (YoY)
-0.9%
Deal Score Breakdown
93/100 · 2 qualifying signals
16% price reduction from original list — seller may be motivated
Priced 8% below the per-subtype city median
LT net cashflow -$2,195/mo (-20.5% return on ownership cost) · STR net cashflow -$7,264/mo (-68.0% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 16% above the median of similar listings
-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
$9,646/mo
Range: $5,233 – $14,058
Net Monthly Cash Flow
−$2,194 /mo (−$26,330/yr)
Monthly rental income
Monthly ownership cost
Coverage
90%
Net /mo
−$2,195
DSCR
1.06
Est. Annual Revenue
$58,619/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$7,264 /mo (−$87,171/yr)
Monthly STR income
Monthly ownership cost
Coverage
46%
Net /mo
−$7,264
DSCR
0.43
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$587,500
+171% vs median
39 days
660
$175,000 – $7,995,000
$6,600
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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