86 B, Salt Lake City, UT 84103
1BD/—BA Residential in Salt Lake City, UT 84103. 500 sqft. Built 1909. Listed at $195,000. MLS #2155431.
1BD/—BA Residential in Salt Lake City, UT 84103. 500 sqft. Built 1909. Listed at $195,000. MLS #2155431.
Own downtown without overpaying. Smart, simple, and exactly where you want to be. This thoughtfully laid-out condo makes the most of every square foot, offering a functional living space that fits modern city living. Located on the lower level, it stays naturally cool and quiet year round, creating a comfortable retreat from the energy above. Ideal for a first-time buyer, eventual investor, or anyone looking for a low-maintenance crash pad in the heart of Salt Lake City. Just steps from grocery stores, restaurants, shopping, and easy access to public transportation. This is a rare chance to own downtown at an approachable price point.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
CAITHNESS CONDOMINIUM
County
Salt Lake
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
500 sq ft
Condition
Blt./Standing
MLS #
2155431
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
CAITHNESS CONDOMINIUM
County
Salt Lake
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
500 sq ft
Condition
Blt./Standing
MLS #
2155431
List Price
$195,000
HOA Fees
$430 / Monthly
Annual Taxes
$1,078
Home Warranty
No
List Price
$195,000
HOA Fees
$430 / Monthly
Annual Taxes
$1,078
Home Warranty
No
Roof
Rubber
Flooring
Carpet,Laminate,Tile
Basement
None
Materials
Brick
Appliances
Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
Roof
Rubber
Flooring
Carpet,Laminate,Tile
Basement
None
Materials
Brick
Appliances
Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Why this is a deal
Classification
Exceptional DealDeal Score
100/100
vs Similar Homes
28% below
vs Market Median
12% below
Area Growth (YoY)
0.1%
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 28% below the median of similar listings
Priced 12% below the per-subtype city median
0.1% year-over-year ZHVI growth in this area
LT net cashflow -$976/mo (-55.7% return on ownership cost) · STR net cashflow -$1,102/mo (-62.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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.
Why this classification
Monthly Rent
$882/mo
Range: $412 – $1,352
Net Monthly Cash Flow
−$976 /mo (−$11,706/yr)
Monthly rental income
Monthly ownership cost
Coverage
50%
Net /mo
−$976
DSCR
0.80
Est. Annual Revenue
$11,139/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,102 /mo (−$13,227/yr)
Monthly STR income
Monthly ownership cost
Coverage
53%
Net /mo
−$1,102
DSCR
0.67
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$570,000
-66% vs median
57 days
615
$184,000 – $7,995,000
$1,078
$430/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.
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

Devin Tanner - Utah Realtor
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