530 400, Salt Lake City, UT 84111
2BD/—BA Residential in Salt Lake City, UT 84111. 896 sqft. Built 1983. Listed at $414,000. MLS #2147724.
2BD/—BA Residential in Salt Lake City, UT 84111. 896 sqft. Built 1983. Listed at $414,000. MLS #2147724.
Move-in ready, corner-unit condo, minutes from Downtown, Liberty Park, Trader Joe's, local dining, nightlife, and easy freeway access. Full remodel throughout Bright, open-concept New appliances Wet bar Private deck In-unit washer and dryer Dog-friendly community Community Amenities, Pool, Clubhouse, BBQ area, Tennis courts All in one of Salt Lake City's most walkable neighborhoods.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
TOWNE PARK
County
Salt Lake
Zoning
Multi-Family
Construction
Stucco
Lot Size
0.01 sq ft
Above Grade Area
896 sq ft
Condition
Blt./Standing
MLS #
2147724
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
TOWNE PARK
County
Salt Lake
Zoning
Multi-Family
Construction
Stucco
Lot Size
0.01 sq ft
Above Grade Area
896 sq ft
Condition
Blt./Standing
MLS #
2147724
List Price
$414,000
HOA Fees
$567
Annual Taxes
$1,555
Home Warranty
No
List Price
$414,000
HOA Fees
$567
Annual Taxes
$1,555
Home Warranty
No
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Asphalt,Rubber
Flooring
Carpet,Laminate,Tile
Basement
None
Materials
Stucco
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Valley
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Asphalt,Rubber
Flooring
Carpet,Laminate,Tile
Basement
None
Materials
Stucco
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Valley
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
$587,500
-30% vs median
39 days
660
$175,000 – $7,995,000
$1,555
$567/mo
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.
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
85/100
vs Similar Homes
17% below
vs Market Median
17% above
Area Growth (YoY)
-1.2%
Deal Score Breakdown
85/100 · 1 qualifying signal
Priced 17% below the median of similar listings
Priced 17% above the per-subtype city median
-1.2% year-over-year ZHVI growth in this area
LT net cashflow -$1,207/mo (-36.3% return on ownership cost) · STR net cashflow -$2,139/mo (-64.3% 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
$2,409/mo
Range: $1,365 – $3,454
Net Monthly Cash Flow
−$1,207 /mo (−$14,481/yr)
Monthly rental income
Monthly ownership cost
Coverage
72%
Net /mo
−$1,207
DSCR
1.02
Est. Annual Revenue
$20,366/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$2,140 /mo (−$25,675/yr)
Monthly STR income
Monthly ownership cost
Coverage
51%
Net /mo
−$2,139
DSCR
0.57
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