266 4TH, Salt Lake City, UT 84103
1BD/—BA Residential in Salt Lake City, UT 84103. 605 sqft. Built 1963. Listed at $305,000. MLS #2147035.
1BD/—BA Residential in Salt Lake City, UT 84103. 605 sqft. Built 1963. Listed at $305,000. MLS #2147035.
Incredible balcony views. Charming condo in the lower Avenues. Condo is newly painted and brand-new appliances-including refrigerator, stove, and microwave-make this home truly turnkey for an owner-occupant or investor. Enjoy peaceful surroundings while staying close to downtown, the University of Utah, shopping, dining, and everyday essentials. A small park sits just behind the community, and nearby pickleball courts provide additional recreation options. Residents enjoy a rooftop pool and deck with sweeping views of the Salt Lake Valley and downtown skyline-perfect for relaxing or entertaining. Additional features include a covered parking space and a secure, locked storage unit in the garage.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
CARLTON TOWERS
County
Salt Lake
Construction
Stone
Lot Size
0.01 sq ft
Above Grade Area
605 sq ft
Condition
Blt./Standing
MLS #
2147035
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
CARLTON TOWERS
County
Salt Lake
Construction
Stone
Lot Size
0.01 sq ft
Above Grade Area
605 sq ft
Condition
Blt./Standing
MLS #
2147035
List Price
$305,000
HOA Fees
$299 / Monthly
Annual Taxes
$1,366
Home Warranty
No
List Price
$305,000
HOA Fees
$299 / Monthly
Annual Taxes
$1,366
Home Warranty
No
Heating
Heat Pump
Cooling
Heat Pump
Roof
Tile
Flooring
Carpet
Basement
Slab
Materials
Stone
Appliances
Microwave,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Valley
Heating
Heat Pump
Cooling
Heat Pump
Roof
Tile
Flooring
Carpet
Basement
Slab
Materials
Stone
Appliances
Microwave,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Valley
Covered Spaces
1
Total Parking
2
Covered Spaces
1
Total Parking
2
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
75/100
vs Similar Homes
11% below
vs Market Median
18% above
Area Growth (YoY)
0.1%
Deal Score Breakdown
75/100 · 1 qualifying signal
Priced 11% below the median of similar listings
Priced 18% above the per-subtype city median
0.1% year-over-year ZHVI growth in this area
LT net cashflow -$1,424/mo (-60.3% return on ownership cost) · STR net cashflow -$1,635/mo (-69.2% 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
$1,067/mo
Range: $498 – $1,636
Net Monthly Cash Flow
−$1,424 /mo (−$17,092/yr)
Monthly rental income
Monthly ownership cost
Coverage
45%
Net /mo
−$1,424
DSCR
0.61
Est. Annual Revenue
$12,489/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,635 /mo (−$19,615/yr)
Monthly STR income
Monthly ownership cost
Coverage
44%
Net /mo
−$1,635
DSCR
0.47
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$575,000
-47% vs median
55 days
621
$184,000 – $7,995,000
$1,366
$299/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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