301 AZURE SKY, Salt Lake City, UT 84103
2BD/—BA Residential in Salt Lake City, UT 84103. 1,139 sqft. Built 2024. Listed at $540,000. MLS #2138784.
2BD/—BA Residential in Salt Lake City, UT 84103. 1,139 sqft. Built 2024. Listed at $540,000. MLS #2138784.
Welcome to this stunning townhome in the heart of Salt Lake's beloved Marmalade District-where modern style, thoughtful design, and an unbeatable location come together beautifully. Featuring 2 bedrooms, 2 bathrooms, and upscale finishes throughout, this home showcases the quality craftsmanship and energy efficiency Garbett Homes is known for. Step outside and enjoy one of Salt Lake City's most vibrant neighborhoods, with easy access to downtown dining, entertainment, coffee shops, parks, and cultural landmarks-all while tucked into the charm and character that make Marmalade so special. Whether you're looking for a stylish primary residence, an urban retreat, or a flexible investment opportunity, this home offers the rare advantage of allowing short-term rentals. A beautiful home in an incredible location-with versatility that's hard to find. Square footage figures are provided as a courtesy estimate only and were obtained from builder's plans. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
3
Subdivision
AZURE PLACE
County
Salt Lake
Zoning
Multi-Family
Construction
Stucco,Cement Siding
Lot Size
0.01 sq ft
Above Grade Area
1,139 sq ft
Condition
Blt./Standing
MLS #
2138784
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
3
Subdivision
AZURE PLACE
County
Salt Lake
Zoning
Multi-Family
Construction
Stucco,Cement Siding
Lot Size
0.01 sq ft
Above Grade Area
1,139 sq ft
Condition
Blt./Standing
MLS #
2138784
List Price
$540,000
Original Price
$550,000
HOA Fees
$187 / Monthly
Annual Taxes
$2,546
Home Warranty
No
List Price
$540,000
Original Price
$550,000
HOA Fees
$187 / Monthly
Annual Taxes
$2,546
Home Warranty
No
Heating
Electric,Active Solar,>= 95% efficiency
Cooling
Central Air,Active Solar
Roof
Membrane
Flooring
Carpet,Laminate,Tile
Basement
None
Materials
Stucco,Cement Siding
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Electric,Active Solar,>= 95% efficiency
Cooling
Central Air,Active Solar
Roof
Membrane
Flooring
Carpet,Laminate,Tile
Basement
None
Materials
Stucco,Cement Siding
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Classification
Standard
Deal Score
30/100
vs Market Median
0% above
Price Reduced
1.8%
Area Growth (YoY)
-0.8%
Deal Score Breakdown
30/100
Priced 0% above the per-subtype city median
2% price reduction from original list — seller may be motivated
-0.8% year-over-year ZHVI growth in this area
LT net cashflow -$2,425/mo (-62.9% return on ownership cost) · STR net cashflow -$3,153/mo (-81.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Not enough comparable listings
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.
Monthly Rent
$1,622/mo
Range: $1,181 – $2,063
Net Monthly Cash Flow
−$2,426 /mo (−$29,106/yr)
Monthly rental income
Monthly ownership cost
Coverage
42%
Net /mo
−$2,425
DSCR
0.52
Est. Annual Revenue
$11,998/yr
$154/night · 54% occupancy · $58/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$3,153 /mo (−$37,832/yr)
Monthly STR income
Monthly ownership cost
Coverage
26%
Net /mo
−$3,153
DSCR
0.26
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$575,000
-6% vs median
55 days
621
$184,000 – $7,995,000
$2,546
$187/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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