303 A, Salt Lake City, UT 84103
2BD/—BA Residential in Salt Lake City, UT 84103. 1,265 sqft. Built 1976. Listed at $485,000. MLS #2140269.
2BD/—BA Residential in Salt Lake City, UT 84103. 1,265 sqft. Built 1976. Listed at $485,000. MLS #2140269.
Enjoy stunning views from this light-filled 3rd floor Tower Hill condo. The updated kitchen has new appliances, and seamless flow into the main living area--perfect for both relaxing and entertaining. Rich hardwood floors add warmth and character throughout. It's a short walk on a scenic trail to Memory Grove Park, complete with a peaceful reflection pond, stream, momuments and picturesque walking paths connecting to City Creek Canyon and the State Capitol. Downtown dining, shopping, and entertainment are just minutes away, offering the best of city living in a quiet Avenues neighborhood with quick access to Nature. A rare find. Don't miss it!
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
TOWER HILL
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
1,265 sq ft
Condition
Blt./Standing
MLS #
2140269
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
TOWER HILL
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
1,265 sq ft
Condition
Blt./Standing
MLS #
2140269
List Price
$485,000
Original Price
$515,000
HOA Fees
$504 / Monthly
Annual Taxes
$2,253
Home Warranty
No
List Price
$485,000
Original Price
$515,000
HOA Fees
$504 / Monthly
Annual Taxes
$2,253
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Flat,Membrane
Flooring
Hardwood,Linoleum
Basement
None
Materials
Brick
Appliances
Dryer,Microwave,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Flat,Membrane
Flooring
Hardwood,Linoleum
Basement
None
Materials
Brick
Appliances
Dryer,Microwave,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Garage Spaces
1
Covered Spaces
1
Total Parking
2
Garage Spaces
1
Covered Spaces
1
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
60/100
vs Similar Homes
0% below
vs Market Median
17% above
Price Reduced
5.8%
Area Growth (YoY)
-0.8%
Deal Score Breakdown
60/100 · 1 qualifying signal
6% price reduction from original list — seller may be motivated
Priced 0% below the median of similar listings
Priced 17% above the per-subtype city median
-0.8% year-over-year ZHVI growth in this area
LT net cashflow -$1,279/mo (-33.7% return on ownership cost) · STR net cashflow -$2,297/mo (-60.6% 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
$2,857/mo
Range: $1,363 – $4,351
Net Monthly Cash Flow
−$1,279 /mo (−$15,353/yr)
Monthly rental income
Monthly ownership cost
Coverage
75%
Net /mo
−$1,279
DSCR
1.02
Est. Annual Revenue
$25,652/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$2,298 /mo (−$27,573/yr)
Monthly STR income
Monthly ownership cost
Coverage
56%
Net /mo
−$2,297
DSCR
0.61
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$575,000
-16% vs median
55 days
621
$184,000 – $7,995,000
$2,253
$504/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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