259 COATSVILLE, Salt Lake City, UT 84115
4BD/—BA Residential in Salt Lake City, UT 84115. 2,450 sqft. Built 1929. Listed at $690,000. MLS #2151367.
4BD/—BA Residential in Salt Lake City, UT 84115. 2,450 sqft. Built 1929. Listed at $690,000. MLS #2151367.
MASSIVE PRICE REDUCTION on this multi-Principal dwelling property nestled in the heart of Salt Lake City. This property has 2 legal principal dwelling houses on 1 lot plus a private walk-out basement mother-in-law suite in the main house. All appliances are included! Across all three living areas you'll find 3 kitchens, 3 comfortable family rooms, 3 bathrooms, and 4 total bedrooms. The rear home is separately metered with its own utilities. Outside, a 1-car garage and ample parking ensure every household has room for a vehicle. EV outlet professionally added for convenient EV Car charging. The 0.13-acre lot is fully landscaped with auto full sprinklers & a cozy gazebo located at the back corner of the yard. The Main house is 1856 sqft. The 594 sqft listed as "level 2" is the 2nd additional principal dwelling located at the rear of the property. Please note; Sellers recently became aware of potential foundation deficiencies affecting the REAR STUCTURE. In response, the Sellers engaged a licensed structural engineer to conduct a formal inspection of the structure. The engineer's report found no conditions rendering the unit uninhabitable; however, it does recommend certain improvements to support the long-term integrity of the foundation and overall structure. The sellers have significantly reduced the list price for future costs of repairs. A copy of the structural engineer's report and recommendations is available to the buyer upon request. Square footage figures are provided as a courtesy estimate only and were obtained from prior appraisal. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
3
County
Salt Lake
Construction
Brick,Other
Lot Size
0.13 sq ft
Above Grade Area
1,522 sq ft
Condition
Blt./Standing
MLS #
2151367
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
3
County
Salt Lake
Construction
Brick,Other
Lot Size
0.13 sq ft
Above Grade Area
1,522 sq ft
Condition
Blt./Standing
MLS #
2151367
List Price
$690,000
Original Price
$789,000
Annual Taxes
$3,691
Home Warranty
No
List Price
$690,000
Original Price
$789,000
Annual Taxes
$3,691
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Laminate
Basement
Full,Walk-Out Access
Materials
Brick,Other
Appliances
Dryer,Microwave,Refrigerator,Washer
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Laminate
Basement
Full,Walk-Out Access
Materials
Brick,Other
Appliances
Dryer,Microwave,Refrigerator,Washer
Patio & Porch
Covered
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
Motivated SellerDeal Score
78/100
vs Market Median
0% below
Price Reduced
12.6%
Area Growth (YoY)
-0.9%
Deal Score Breakdown
78/100 · 1 qualifying signal
13% price reduction from original list — seller may be motivated
LT net cashflow +$160/mo (+3.4% return on ownership cost) · STR net cashflow -$1,730/mo (-37.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 0% below the per-subtype city median
-0.9% year-over-year ZHVI growth in this area
Not enough comparable listings
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
$5,484/mo
Range: $4,025 – $6,942
Net Monthly Cash Flow
+$160 /mo (+$1,921/yr)
Monthly rental income
Monthly ownership cost
Coverage
118%
Net /mo
+$160
DSCR
1.40
Est. Annual Revenue
$50,325/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,731 /mo (−$20,774/yr)
Monthly STR income
Monthly ownership cost
Coverage
90%
Net /mo
−$1,730
DSCR
0.85
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$570,000
+21% vs median
57 days
615
$184,000 – $7,995,000
$3,691
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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Daryn Edmunds - High Road Properties

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Devin Tanner - Utah Realtor
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