743 900, Salt Lake City, UT 84105
3BD/—BA Residential in Salt Lake City, UT 84105. 2,166 sqft. Built 1924. Listed at $724,900. MLS #2138859.
3BD/—BA Residential in Salt Lake City, UT 84105. 2,166 sqft. Built 1924. Listed at $724,900. MLS #2138859.
Perfectly positioned in the heart of the coveted 9th & 9th District, this beautifully updated side-by-side duplex presents a rare investment opportunity. In the five years since purchase, the current owners have experienced zero vacancy-new tenants are typically secured by word of mouth before a unit becomes available. One unit features 2 bedrooms and 2 bathrooms, while the other offers 1 bedroom and 1 bathroom. Both units have been thoughtfully updated and each includes a living area, kitchen, laundry, and an outdoor patio. The location is exceptional-just half a block from Liberty Park and surrounded by popular restaurants, coffee shops, local boutiques, and neighborhood entertainment. With quick freeway access and less than 10 minutes to downtown Salt Lake City, convenience is unmatched. A standout feature is the detached "Red Barn" just steps from the back door, complete with heating and cooling-an ideal bonus space for tenant use as an office, music room, yoga, or art studio. The property includes two on-site parking spaces plus ample street parking. All photos are from the 2020 sale with permission from the previous agent and photographer. Square footage figures are provided as a courtesy estimate only and were obtained from a previous listing . Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Duplex
Architectural Style
Side By Side
Subdivision
PLAT B SLC SUR
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Frame
Lot Size
0.13 sq ft
Condition
Blt./Standing
MLS #
2138859
Property Type
Residential
Property Style
Duplex
Architectural Style
Side By Side
Subdivision
PLAT B SLC SUR
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Frame
Lot Size
0.13 sq ft
Condition
Blt./Standing
MLS #
2138859
List Price
$724,900
Original Price
$824,500
Annual Taxes
$4,526
Home Warranty
No
List Price
$724,900
Original Price
$824,500
Annual Taxes
$4,526
Home Warranty
No
Heating
Electric,Forced Air,Gas: Central
Roof
Asphalt,Pitched
Flooring
Carpet,Hardwood,Linoleum
Materials
Brick,Frame
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Electric,Forced Air,Gas: Central
Roof
Asphalt,Pitched
Flooring
Carpet,Hardwood,Linoleum
Materials
Brick,Frame
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
2
Covered Spaces
0
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
78/100
vs Similar Homes
1% above
vs Market Median
4% above
Price Reduced
12.1%
Area Growth (YoY)
-0.8%
Deal Score Breakdown
78/100 · 1 qualifying signal
12% price reduction from original list — seller may be motivated
Priced 1% above the median of similar listings
Priced 4% above the per-subtype city median
-0.8% year-over-year ZHVI growth in this area
STR net cashflow -$2,583/mo (-51.5% 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
Est. Annual Revenue
$41,659/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$2,582 /mo (−$30,989/yr)
Monthly STR income
Monthly ownership cost
Coverage
69%
Net /mo
−$2,583
DSCR
0.66
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$575,000
+26% vs median
55 days
621
$184,000 – $7,995,000
$4,526
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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