380 200, Salt Lake City, UT 84101
1BD/—BA Residential in Salt Lake City, UT 84101. 886 sqft. Built 1923. Listed at $475,000. MLS #2154444.
1BD/—BA Residential in Salt Lake City, UT 84101. 886 sqft. Built 1923. Listed at $475,000. MLS #2154444.
!!! PRICE REDUCED !!! Welcome to the Dakota Lofts, one of downtown Salt Lake's most iconic historic buildings. Originally built in 1923 and thoughtfully converted in 1997, this property showcases authentic industrial character with exposed brick, ductwork, concrete floors, and soaring ceilings that reflect its timeless design. This top-floor loft offers some of the best views in the building, with a southwest-facing orientation capturing stunning city sunsets and skyline vistas. Inside, you'll find concrete countertops, stainless steel appliances, a new A/C and boiler, and an updated bathroom with an oversized closet. The unit also includes in-unit laundry, a secured garage parking space, and additional storage. Located just steps from The Gateway, Delta Center, and TRAX, you're in the heart of it all with unbeatable access to dining, shopping, entertainment, and transportation making this a rare opportunity to own a truly distinctive urban loft.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
DAKOTA LOFTS
County
Salt Lake
Construction
Brick,Concrete
Lot Size
0.01 sq ft
Above Grade Area
886 sq ft
Condition
Blt./Standing
MLS #
2154444
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
DAKOTA LOFTS
County
Salt Lake
Construction
Brick,Concrete
Lot Size
0.01 sq ft
Above Grade Area
886 sq ft
Condition
Blt./Standing
MLS #
2154444
List Price
$475,000
Original Price
$500,000
HOA Fees
$465 / Monthly
Annual Taxes
$1,913
Home Warranty
No
List Price
$475,000
Original Price
$500,000
HOA Fees
$465 / Monthly
Annual Taxes
$1,913
Home Warranty
No
Heating
Forced Air,Gas: Radiant
Cooling
Central Air
Roof
Metal
Flooring
Concrete
Basement
None
Materials
Brick,Concrete
Appliances
Dryer,Refrigerator,Washer
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Radiant
Cooling
Central Air
Roof
Metal
Flooring
Concrete
Basement
None
Materials
Brick,Concrete
Appliances
Dryer,Refrigerator,Washer
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
$575,000
-17% vs median
55 days
621
$184,000 – $7,995,000
$1,913
$465/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.
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
60/100
vs Similar Homes
61% above
vs Market Median
21% above
Price Reduced
5.0%
Area Growth (YoY)
0.1%
Deal Score Breakdown
60/100 · 1 qualifying signal
5% price reduction from original list — seller may be motivated
Priced 61% above the median of similar listings
Priced 21% above the per-subtype city median
0.1% year-over-year ZHVI growth in this area
LT net cashflow -$1,268/mo (-34.6% return on ownership cost) · STR net cashflow -$2,746/mo (-75.0% 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
$2,720/mo
Range: $1,054 – $4,386
Net Monthly Cash Flow
−$1,268 /mo (−$15,217/yr)
Monthly rental income
Monthly ownership cost
Coverage
74%
Net /mo
−$1,268
DSCR
1.00
Est. Annual Revenue
$15,701/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$2,746 /mo (−$32,948/yr)
Monthly STR income
Monthly ownership cost
Coverage
36%
Net /mo
−$2,746
DSCR
0.38
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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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