107 B, Salt Lake City, UT 84103
45BD/—BA Residential in Salt Lake City, UT 84103. 21,548 sqft. Built 1971. Listed at $7,495,000. MLS #2145308.
45BD/—BA Residential in Salt Lake City, UT 84103. 21,548 sqft. Built 1971. Listed at $7,495,000. MLS #2145308.
Please contact listing broker for OM and financials. Northmarq is pleased to present Avenue View Apartments. Located in the highly coveted neighborhood of The Avenues. Avenue View Apartments has 27 fully renovated units in a variety of 1,2, & 3-bedroom floorplans. There are 10 One Bedrooms, 16 Two Bedrooms, and 1 Three Bedroom. This pet friendly complex includes on-site garage parking, storage lockers, and select units include a private balcony or patio. Ideally situated just minutes from downtown Salt Lake City, Avenue View Apartments offer easy access to TRAX stations for effortless commuting throughout the city and to the Salt Lake International Airport. Residents are close to premier entertainment destinations like the Delta Center, Eccles Theater, and numerous concert venues. Outdoor enthusiasts will appreciate the proximity to countless hiking trails and world-class ski resorts-all less than an hour away.
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 3
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.38 sq ft
Condition
Blt./Standing
MLS #
2145308
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 3
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.38 sq ft
Condition
Blt./Standing
MLS #
2145308
List Price
$7,495,000
Original Price
$8,000,000
Annual Taxes
$31,210
Home Warranty
No
List Price
$7,495,000
Original Price
$8,000,000
Annual Taxes
$31,210
Home Warranty
No
Roof
Flat,Membrane
Materials
Brick
Water Source
Culinary
Sewer
Sewer: Connected
Roof
Flat,Membrane
Materials
Brick
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
20
Covered Spaces
20
Total Parking
47
Garage Spaces
20
Covered Spaces
20
Total Parking
47
Why this is a deal
Classification
Standard
Deal Score
60/100
vs Similar Homes
70% above
vs Market Median
32% above
Price Reduced
6.3%
Area Growth (YoY)
0.1%
Deal Score Breakdown
60/100 · 1 qualifying signal
6% price reduction from original list — seller may be motivated
Priced 70% above the median of similar listings
Priced 32% above the per-subtype city median
0.1% year-over-year ZHVI growth in this area
STR net cashflow -$21,300/mo (-42.2% 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
Est. Annual Revenue
$501,120/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$21,300 /mo (−$255,605/yr)
Monthly STR income
Monthly ownership cost
Coverage
83%
Net /mo
−$21,300
DSCR
0.77
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$575,000
+1203% vs median
55 days
621
$184,000 – $7,995,000
$31,210
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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Daryn Edmunds - High Road Properties

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor
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