230 BROADWAY, Salt Lake City, UT 84111
2BD/—BA Residential in Salt Lake City, UT 84111. 931 sqft. Built 1985. Listed at $499,000. MLS #2148102.
2BD/—BA Residential in Salt Lake City, UT 84111. 931 sqft. Built 1985. Listed at $499,000. MLS #2148102.
Panoramic mountain and skyline views unfold from nearly every room, creating a backdrop that transforms throughout the day - golden sunsets, dramatic weather rolling across the valley, and sparkling city lights after dark. Inside, every detail has been intentionally elevated with high-end custom finishes and clean contemporary design. Polished concrete floors and solid concrete construction create an unexpectedly quiet, peaceful living experience rarely found in downtown Salt Lake City. The open-concept layout is anchored by a custom kitchen featuring quartz countertops, stainless steel appliances, professionally designed pantry storage, and sleek modern lines throughout. Automated Hunter Douglas blinds, individual climate control in every room, and custom closet systems add both sophistication and everyday comfort. The primary suite feels like a boutique hotel retreat with radiant-heated tile floors, blackout Hunter Douglas shades, a designer walk-in shower, and professionally designed custom closets that maximize both style and function. Beyond the residence itself, the lifestyle here is what truly sets it apart: secured access, fitness amenities, reserved upper-level garage parking, and the convenience of direct-to-door deliveries - from Amazon to Harmons - without the hassle of lobby pickups. And for those with four-legged family members, this is one of the few downtown residences where they're genuinely welcomed, not simply allowed. Quiet luxury with views that never get old - now offered at $499,000.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
BROADWAY TOWER CONDO
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Concrete
Lot Size
0.01 sq ft
Above Grade Area
931 sq ft
Condition
Blt./Standing
MLS #
2148102
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; High Rise
Stories
1
Subdivision
BROADWAY TOWER CONDO
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Concrete
Lot Size
0.01 sq ft
Above Grade Area
931 sq ft
Condition
Blt./Standing
MLS #
2148102
List Price
$499,000
Original Price
$515,000
HOA Fees
$446 / Monthly
Annual Taxes
$2,312
Home Warranty
No
List Price
$499,000
Original Price
$515,000
HOA Fees
$446 / Monthly
Annual Taxes
$2,312
Home Warranty
No
Heating
Electric,Forced Air,Radiant Floor
Cooling
Central Air,Natural Ventilation
Roof
Tar/Gravel,Membrane
Flooring
Concrete
Basement
None
Materials
Brick,Concrete
Appliances
Dryer,Range Hood,Refrigerator,Washer
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Heating
Electric,Forced Air,Radiant Floor
Cooling
Central Air,Natural Ventilation
Roof
Tar/Gravel,Membrane
Flooring
Concrete
Basement
None
Materials
Brick,Concrete
Appliances
Dryer,Range Hood,Refrigerator,Washer
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Classification
Standard
Deal Score
45/100
vs Similar Homes
12% above
vs Market Median
31% above
Price Reduced
3.1%
Area Growth (YoY)
-0.9%
Deal Score Breakdown
45/100
3% price reduction from original list — seller may be motivated
Priced 12% above the median of similar listings
Priced 31% above the per-subtype city median
-0.9% year-over-year ZHVI growth in this area
LT net cashflow -$1,565/mo (-41.1% return on ownership cost) · STR net cashflow -$2,593/mo (-68.1% 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
$2,550/mo
Range: $2,107 – $2,993
Net Monthly Cash Flow
−$1,565 /mo (−$18,778/yr)
Monthly rental income
Monthly ownership cost
Coverage
67%
Net /mo
−$1,565
DSCR
0.90
Est. Annual Revenue
$20,839/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$2,594 /mo (−$31,131/yr)
Monthly STR income
Monthly ownership cost
Coverage
46%
Net /mo
−$2,593
DSCR
0.49
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$587,500
-15% vs median
39 days
660
$175,000 – $7,995,000
$2,312
$446/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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