1131 EMERSON, Salt Lake City, UT 84105
2BD/—BA Residential in Salt Lake City, UT 84105. 1,080 sqft. Built 1912. Listed at $530,000. MLS #2151003.
2BD/—BA Residential in Salt Lake City, UT 84105. 1,080 sqft. Built 1912. Listed at $530,000. MLS #2151003.
SIGNIFICANT PRICE IMPROVEMENT - 45K!! Perfectly Updated Sugarhouse Cottage with 1 car garage accessed via alley! This thoughtfully renovated bungalow has brand new composite exterior siding (no maintenance needed!), new flooring, windows and roofing. The solar panels are fully paid for (electricity is about $20/month now) and the kitchen has new cabinets and flooring. The backyard is a mini-oasis with patio seating, veggie garden and fruit trees. It's close to everything - within walking distance of Sugarhouse, 9th and 9th, Westminster and Liberty Park; and all this on a lovely tree-lined street with wonderful neighbors! The garage is accessible via the alley in back. There is a concrete pad for off-street parking as well.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
LINCOLN PARK
County
Salt Lake
Zoning
Single-Family
Construction
Composition,Frame
Lot Size
0.11 sq ft
Above Grade Area
960 sq ft
Condition
Blt./Standing
MLS #
2151003
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
LINCOLN PARK
County
Salt Lake
Zoning
Single-Family
Construction
Composition,Frame
Lot Size
0.11 sq ft
Above Grade Area
960 sq ft
Condition
Blt./Standing
MLS #
2151003
List Price
$530,000
Original Price
$575,000
Annual Taxes
$2,231
Home Warranty
No
List Price
$530,000
Original Price
$575,000
Annual Taxes
$2,231
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood
Basement
Shelf,Slab
Materials
Composition,Frame
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood
Basement
Shelf,Slab
Materials
Composition,Frame
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Standard
Deal Score
68/100
vs Similar Homes
4% below
vs Market Median
9% above
Price Reduced
7.8%
Area Growth (YoY)
-1.4%
Deal Score Breakdown
68/100 · 1 qualifying signal
8% price reduction from original list — seller may be motivated
Priced 4% below the median of similar listings
Priced 9% above the per-subtype city median
-1.4% year-over-year ZHVI growth in this area
LT net cashflow -$2,070/mo (-58.1% return on ownership cost) · STR net cashflow -$2,217/mo (-62.2% 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
$1,698/mo
Range: $1,217 – $2,180
Net Monthly Cash Flow
−$2,070 /mo (−$24,842/yr)
Monthly rental income
Monthly ownership cost
Coverage
48%
Net /mo
−$2,070
DSCR
0.56
Est. Annual Revenue
$23,094/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$2,216 /mo (−$26,588/yr)
Monthly STR income
Monthly ownership cost
Coverage
54%
Net /mo
−$2,217
DSCR
0.50
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$580,000
-9% vs median
45 days
661
$195,000 – $7,995,000
$2,231
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.
Select agents you’d like to hear from. They’ll be notified of your interest — your contact details stay private until you choose to respond.

Daryn Edmunds - High Road Properties

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Salt Lake City Specialist Driving Smart Home Deals
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Built with AI to help you find your perfect home
Powered by AI • Secured by Supabase • Trusted by Agents