29 STATE, Salt Lake City, UT 84111
—BD/—BA Residential in Salt Lake City, UT 84111. 441 sqft. Built 1919. Listed at $269,900. MLS #2148183.
—BD/—BA Residential in Salt Lake City, UT 84111. 441 sqft. Built 1919. Listed at $269,900. MLS #2148183.
Experience timeless elegance in the iconic Belvedere Condominiums-one of Salt Lake City's most treasured historic addresses. This beautifully renovated unit perfectly blends classic charm with modern convenience, offering a rare opportunity to own a piece of architectural history without sacrificing today's comforts. Inside, you'll find thoughtfully updated spaces alongside the irreplaceable character that defines the Belvedere: rich original wood floors, intricate millwork, and vintage hardware that speak to the building's storied past. The renovation has been carefully executed to honor these details while enhancing livability, including the highly sought-after addition of in-unit laundry-an uncommon luxury in historic buildings. You'll love the well-planned, storage throughout. Space-savers including stylish shoe storage in the entry, an amazing wardrobe area and a Murphy bed/Bookshelf! Every finish has been selected to complement the building's heritage while delivering a fresh, elevated feel. Located in the heart of the city, residents enjoy close proximity to downtown dining, just steps to shopping at City Creek and Harmons, and cultural attractions-all while residing in a building known for its character, charm, and enduring appeal. This is historic living at its finest-refined, rare, and ready to be enjoyed. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement. Buyer and Buyer's agent to verify all MLS information.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
BELVEDERE
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
441 sq ft
Condition
Blt./Standing
MLS #
2148183
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
BELVEDERE
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
441 sq ft
Condition
Blt./Standing
MLS #
2148183
List Price
$269,900
Original Price
$279,900
HOA Fees
$240
Annual Taxes
$1,004
Home Warranty
No
List Price
$269,900
Original Price
$279,900
HOA Fees
$240
Annual Taxes
$1,004
Home Warranty
No
Heating
Radiant Floor
Cooling
Window Unit(s)
Flooring
Hardwood,Tile
Basement
None
Materials
Brick
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Radiant Floor
Cooling
Window Unit(s)
Flooring
Hardwood,Tile
Basement
None
Materials
Brick
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
2
Covered Spaces
0
Total Parking
2
$570,000
-53% vs median
57 days
615
$184,000 – $7,995,000
$1,004
$240/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
Standard
Deal Score
65/100
vs Similar Homes
6% below
vs Market Median
15% above
Price Reduced
3.6%
Area Growth (YoY)
0.1%
Deal Score Breakdown
65/100 · 1 qualifying signal
Priced 6% below the median of similar listings
4% price reduction from original list — seller may be motivated
Priced 15% above the per-subtype city median
0.1% year-over-year ZHVI growth in this area
LT net cashflow -$1,052/mo (-51.9% return on ownership cost) · STR net cashflow -$1,455/mo (-71.7% 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
$1,110/mo
Range: $518 – $1,702
Net Monthly Cash Flow
−$1,051 /mo (−$12,618/yr)
Monthly rental income
Monthly ownership cost
Coverage
55%
Net /mo
−$1,052
DSCR
0.73
Est. Annual Revenue
$9,826/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,455 /mo (−$17,456/yr)
Monthly STR income
Monthly ownership cost
Coverage
40%
Net /mo
−$1,455
DSCR
0.43
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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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