612 ELANOR, Salt Lake City, UT 84107
3BD/—BA Residential in Salt Lake City, UT 84107. 1,861 sqft. Built 2026. Listed at $589,900. MLS #2149352.
3BD/—BA Residential in Salt Lake City, UT 84107. 1,861 sqft. Built 2026. Listed at $589,900. MLS #2149352.
Expected finish mid-May - Live, work, and thrive at theMONROE with this versatile Live/Work townhome designed for modern urban living. Located in the heart of South Salt Lake, this unique residence offers a dedicated ground-level flex space-perfect for a home office, studio, or small business-paired with stylish multi-level living above. The thoughtfully designed layout features 3 bedrooms, 3.5 bathrooms, and a 2-car garage, with an open-concept main living area that seamlessly connects the kitchen, dining, and living spaces. Large windows and a private balcony bring in natural light, while contemporary finishes including quartz countertops, sleek cabinetry, and modern lighting create a clean, elevated aesthetic. Upstairs, the primary suite offers a private retreat with well-appointed bath and ample storage, while additional bedrooms provide flexibility for guests or work-from-home needs. The Live/Work design adds unmatched functionality, ideal for entrepreneurs or those seeking a flexible lifestyle. Enjoy low-maintenance living with close proximity to downtown Salt Lake City, dining, shopping, and community amenities including a pickleball court and green space. TheMONROE Live/Work units offer a rare opportunity to blend business and home in one dynamic space. Photos of same floorplan but different unit.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
3
Subdivision
THE MONROE
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Clapboard/Masonite,Stucco
Lot Size
0.02 sq ft
Above Grade Area
1,861 sq ft
Condition
Blt./Standing
MLS #
2149352
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
3
Subdivision
THE MONROE
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Clapboard/Masonite,Stucco
Lot Size
0.02 sq ft
Above Grade Area
1,861 sq ft
Condition
Blt./Standing
MLS #
2149352
List Price
$589,900
HOA Fees
$230 / Monthly
Annual Taxes
$5,208
Home Warranty
Yes
List Price
$589,900
HOA Fees
$230 / Monthly
Annual Taxes
$5,208
Home Warranty
Yes
Heating
Electric
Roof
Membrane
Flooring
Carpet
Basement
None
Materials
Brick,Clapboard/Masonite,Stucco
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Sewer
Sewer: Connected,Sewer: Public
Heating
Electric
Roof
Membrane
Flooring
Carpet
Basement
None
Materials
Brick,Clapboard/Masonite,Stucco
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Classification
Standard
Deal Score
25/100
vs Similar Homes
18% above
vs Market Median
10% above
Area Growth (YoY)
2.0%
Deal Score Breakdown
25/100
2.0% year-over-year ZHVI growth in this area
LT net cashflow -$783/mo (-17.8% return on ownership cost) · STR net cashflow -$2,171/mo (-49.5% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 18% above the median of similar listings
Priced 10% above the per-subtype city median
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.
Monthly Rent
$4,099/mo
Range: $3,358 – $4,840
Net Monthly Cash Flow
−$783 /mo (−$9,397/yr)
Monthly rental income
Monthly ownership cost
Coverage
93%
Net /mo
−$783
DSCR
1.23
Est. Annual Revenue
$38,033/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$2,171 /mo (−$26,048/yr)
Monthly STR income
Monthly ownership cost
Coverage
72%
Net /mo
−$2,171
DSCR
0.75
Elementary
LincolnMiddle School
Granite ParkHigh School
CottonwoodSchool District
Granite
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$570,000
+3% vs median
57 days
615
$184,000 – $7,995,000
$5,208
$230/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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