1618 MAIN, Salt Lake City, UT 84115
3BD/—BA Residential in Salt Lake City, UT 84115. 1,952 sqft. Built 2024. Listed at $640,000. MLS #2142161.
3BD/—BA Residential in Salt Lake City, UT 84115. 1,952 sqft. Built 2024. Listed at $640,000. MLS #2142161.
Great property with estimated payments as low as $2,987 per month (excluding taxes and Insurance). Great opportunity for investors or owner-occupants looking to build equity. Ask about our preferred lenders $2,500 dollars credit towards closing.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
3
Subdivision
MAIN STREET
County
Salt Lake
Zoning
Multi-Family, Short Term Rental Allowed
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,952 sq ft
Condition
Blt./Standing
MLS #
2142161
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
3
Subdivision
MAIN STREET
County
Salt Lake
Zoning
Multi-Family, Short Term Rental Allowed
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,952 sq ft
Condition
Blt./Standing
MLS #
2142161
List Price
$640,000
HOA Fees
$200 / Monthly
Annual Taxes
$2,500
Home Warranty
No
List Price
$640,000
HOA Fees
$200 / Monthly
Annual Taxes
$2,500
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Membrane
Flooring
Carpet,Laminate,Tile
Basement
Slab
Materials
Brick,Stucco
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Membrane
Flooring
Carpet,Laminate,Tile
Basement
Slab
Materials
Brick,Stucco
Water Source
Culinary
Sewer
Sewer: Connected
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 Similar Homes
1% above
vs Market Median
13% above
Area Growth (YoY)
0.3%
Deal Score Breakdown
30/100
Priced 1% above the median of similar listings
LT net cashflow -$776/mo (-17.2% return on ownership cost) · STR net cashflow -$2,218/mo (-49.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 13% above the per-subtype city median
0.3% year-over-year ZHVI growth in this area
No price reduction from original list
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
$4,233/mo
Range: $3,467 – $4,998
Net Monthly Cash Flow
−$776 /mo (−$9,315/yr)
Monthly rental income
Monthly ownership cost
Coverage
94%
Net /mo
−$776
DSCR
1.15
Est. Annual Revenue
$39,138/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$2,218 /mo (−$26,613/yr)
Monthly STR income
Monthly ownership cost
Coverage
73%
Net /mo
−$2,218
DSCR
0.70
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$575,000
+11% vs median
55 days
621
$184,000 – $7,995,000
$2,500
$200/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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Devin Tanner - Utah Realtor
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