723 300, Salt Lake City, UT 84103
2BD/—BA Residential in Salt Lake City, UT 84103. 1,367 sqft. Built 2023. Listed at $538,888. MLS #2146906.
2BD/—BA Residential in Salt Lake City, UT 84103. 1,367 sqft. Built 2023. Listed at $538,888. MLS #2146906.
*Can be furnished* Nestled in one of Salt Lake City's most storied historic districts, this stunning 2023 Cole West townhome delivers the rare alchemy of old-world character and new-construction luxury. The Madelyn's builder model - meaning every upgrade, every finish, every detail was chosen to impress - is now yours. Three beautifully proportioned levels rise with purpose: a private garage and powder bath anchor the entry level, the main living level opens into light-drenched gathering spaces designed for both everyday living and effortless entertaining, and two generous bedroom suites each retreat behind their own en-suite sanctuary above. Oversized windows bathe every room in the luminous northern exposure that Marmalade is famous for, while a private balcony extends your living into the open air - a quiet perch above the tree-lined streets below. The finishes throughout are unapologetically luxurious: the kind of precision craftsmanship and curated selections that only a builder's showcase home receives. This is not a townhome - it's a statement. Historic charm. Modern soul. Zero compromises.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
3
Subdivision
THE MADELYNN
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Clapboard/Masonite,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,367 sq ft
Condition
Blt./Standing
MLS #
2146906
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
3
Subdivision
THE MADELYNN
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Clapboard/Masonite,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,367 sq ft
Condition
Blt./Standing
MLS #
2146906
List Price
$538,888
Original Price
$539,000
HOA Fees
$325 / Monthly
Annual Taxes
$2,821
Home Warranty
No
List Price
$538,888
Original Price
$539,000
HOA Fees
$325 / Monthly
Annual Taxes
$2,821
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Flat,Membrane
Flooring
Carpet
Basement
Slab
Materials
Brick,Clapboard/Masonite,Stucco
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Flat,Membrane
Flooring
Carpet
Basement
Slab
Materials
Brick,Clapboard/Masonite,Stucco
Water Source
Culinary
Sewer
Sewer: Connected,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
Standard
Deal Score
65/100
vs Similar Homes
2% above
vs Market Median
6% below
Price Reduced
0.0%
Area Growth (YoY)
-0.8%
Deal Score Breakdown
65/100 · 1 qualifying signal
Priced 6% below the per-subtype city median
Priced 2% above the median of similar listings
0% price reduction from original list — seller may be motivated
-0.8% year-over-year ZHVI growth in this area
LT net cashflow -$2,150/mo (-54.2% return on ownership cost) · STR net cashflow -$3,183/mo (-80.3% 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
$2,061/mo
Range: $1,500 – $2,622
Net Monthly Cash Flow
−$2,150 /mo (−$25,799/yr)
Monthly rental income
Monthly ownership cost
Coverage
52%
Net /mo
−$2,150
DSCR
0.68
Est. Annual Revenue
$13,386/yr
$154/night · 54% occupancy · $58/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$3,182 /mo (−$38,189/yr)
Monthly STR income
Monthly ownership cost
Coverage
28%
Net /mo
−$3,183
DSCR
0.29
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$570,000
-5% vs median
57 days
615
$184,000 – $7,995,000
$2,821
$325/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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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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