303 AZURE SKY, Salt Lake City, UT 84103
1BD/—BA Residential in Salt Lake City, UT 84103. 935 sqft. Built 2024. Listed at $399,999. MLS #2145820.
1BD/—BA Residential in Salt Lake City, UT 84103. 935 sqft. Built 2024. Listed at $399,999. MLS #2145820.
$399,999
***OPEN HOUSE - SUNDAY, 3/29, 12PM - 2PM*** Situated in the desirable Marmalade District, this townhome places you in one of Salt Lake City's most unique and established neighborhoods. Known for its eclectic charm, historic surroundings, and close proximity to downtown, this location offers both convenience and character. Enjoy being minutes from local dining, shopping, and outdoor recreation, all within a welcoming community setting. Ideal for those seeking a connected and vibrant lifestyle. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
3
Subdivision
AZURE PLACE
County
Salt Lake
Zoning
Short Term Rental Allowed
Lot Size
0.01 sq ft
Above Grade Area
935 sq ft
Condition
Blt./Standing
MLS #
2145820
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
3
Subdivision
AZURE PLACE
County
Salt Lake
Zoning
Short Term Rental Allowed
Lot Size
0.01 sq ft
Above Grade Area
935 sq ft
Condition
Blt./Standing
MLS #
2145820
List Price
$399,999
HOA Fees
$187 / Monthly
Annual Taxes
$2,232
Home Warranty
No
List Price
$399,999
HOA Fees
$187 / Monthly
Annual Taxes
$2,232
Home Warranty
No
Heating
>= 95% efficiency
Cooling
Central Air
Flooring
Carpet,Laminate,Tile
Basement
None
Water Source
Culinary
Sewer
Sewer: Public
Heating
>= 95% efficiency
Cooling
Central Air
Flooring
Carpet,Laminate,Tile
Basement
None
Water Source
Culinary
Sewer
Sewer: Public
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Exceptional DealDeal Score
100/100
vs Similar Homes
27% below
vs Market Median
24% below
Area Growth (YoY)
-0.8%
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 27% below the median of similar listings
Priced 24% below the per-subtype city median
-0.8% year-over-year ZHVI growth in this area
LT net cashflow -$1,898/mo (-64.8% return on ownership cost) · STR net cashflow -$2,460/mo (-83.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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.
Why this classification
Monthly Rent
$1,174/mo
Range: $854 – $1,493
Net Monthly Cash Flow
−$1,898 /mo (−$22,777/yr)
Monthly rental income
Monthly ownership cost
Coverage
40%
Net /mo
−$1,898
DSCR
0.51
Est. Annual Revenue
$8,077/yr
$154/night · 54% occupancy · $58/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$2,460 /mo (−$29,520/yr)
Monthly STR income
Monthly ownership cost
Coverage
23%
Net /mo
−$2,460
DSCR
0.23
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$575,000
-30% vs median
55 days
621
$184,000 – $7,995,000
$2,232
$187/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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