303 A, Salt Lake City, UT 84103
3BD/—BA Residential in Salt Lake City, UT 84103. 1,675 sqft. Built 1976. Listed at $625,000. MLS #2144665.
3BD/—BA Residential in Salt Lake City, UT 84103. 1,675 sqft. Built 1976. Listed at $625,000. MLS #2144665.
Seller is highly motivated. Perched high above Memory Grove Park on a quiet street in the historic Avenues, this rare penthouse offers some of the most breathtaking views in Salt Lake City. From three private balconies, enjoy unparalleled panoramas of the Wasatch Range stretching from Ensign Peak to Thanksgiving Point, along with the glowing city skyline-an unforgettable setting for both quiet mornings and elevated entertaining. You're just moments from Temple Square and City Creek Center, with a scenic stroll through Memory Grove Park to the Utah State Capitol. Easy rail access to the airport and quick drives to world-class ski resorts complete the lifestyle. A rare opportunity to own one of Salt Lake's most coveted view properties. Square footage figures are provided as a courtesy estimate only and were obtained from Utah MLS. Buyer is advised to obtain an independent measurement. BUYER TO VERIFY ALL INFO. There is a 2nd parcel # 09-31-329-022-0000 for the 2nd parking spot located above the garage. There is a gated one car garage space and a gated 1 car parking space. Unit has 2 parking spaces.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
2
Subdivision
TOWER HILL
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
1,675 sq ft
Condition
Blt./Standing
MLS #
2144665
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
2
Subdivision
TOWER HILL
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
1,675 sq ft
Condition
Blt./Standing
MLS #
2144665
List Price
$625,000
Original Price
$769,000
HOA Fees
$703 / Monthly
Annual Taxes
$3,394
Home Warranty
No
List Price
$625,000
Original Price
$769,000
HOA Fees
$703 / Monthly
Annual Taxes
$3,394
Home Warranty
No
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Rubber
Flooring
Hardwood,Tile,Bamboo
Basement
None
Materials
Brick
Appliances
Ceiling Fan,Dryer,Refrigerator,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Rubber
Flooring
Hardwood,Tile,Bamboo
Basement
None
Materials
Brick
Appliances
Ceiling Fan,Dryer,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
88/100
vs Similar Homes
11% above
vs Market Median
6% above
Price Reduced
18.7%
Area Growth (YoY)
-0.8%
Deal Score Breakdown
88/100 · 1 qualifying signal
19% price reduction from original list — seller may be motivated
Priced 6% above the per-subtype city median
Priced 11% above the median of similar listings
-0.8% year-over-year ZHVI growth in this area
LT net cashflow -$1,416/mo (-28.4% return on ownership cost) · STR net cashflow -$2,900/mo (-58.2% 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
$4,053/mo
Range: $1,933 – $6,173
Net Monthly Cash Flow
−$1,416 /mo (−$16,990/yr)
Monthly rental income
Monthly ownership cost
Coverage
81%
Net /mo
−$1,416
DSCR
1.13
Est. Annual Revenue
$35,704/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$2,901 /mo (−$34,818/yr)
Monthly STR income
Monthly ownership cost
Coverage
60%
Net /mo
−$2,900
DSCR
0.66
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$575,000
+9% vs median
55 days
621
$184,000 – $7,995,000
$3,394
$703/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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