838 SOUTH TEMPLE, Salt Lake City, UT 84102
1BD/—BA Residential in Salt Lake City, UT 84102. 962 sqft. Built 1996. Listed at $365,000. MLS #2155690.
1BD/—BA Residential in Salt Lake City, UT 84102. 962 sqft. Built 1996. Listed at $365,000. MLS #2155690.
How lucky to find a downtown condo, on the renowned tree-lined South Temple, with views from the balcony of the city and sunsets, and for this price! Top-floor, large 1-bedroom unit. Layout and building feel like a luxury hotel. High ceilings, stainless appliances, spacious living room, both bar and semi-formal dining, in-unit laundry. Ease of living with thoughtful HOA amenities, including controlled entry, covered assigned parking in garage, elevators, cable TV, garbage chute, storage locker in the garage, secure mail area, and a newer security system in the building. Plus a small gym, event space on the main level, and a balcony on the 3rd floor overlooking South Temple, for owners' use. Incredible location: blocks from the University of Utah, Downtown Salt Lake City, City Creek, the Avenues, Memory Grove, and so many other desirable destinations. Handy, close by access to public transportation, shops, restaurants, hospitals, and services.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
838 CONDOS
County
Salt Lake
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
962 sq ft
Condition
Blt./Standing
MLS #
2155690
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
838 CONDOS
County
Salt Lake
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
962 sq ft
Condition
Blt./Standing
MLS #
2155690
List Price
$365,000
HOA Fees
$546 / Monthly
Annual Taxes
$1,842
Home Warranty
No
List Price
$365,000
HOA Fees
$546 / Monthly
Annual Taxes
$1,842
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Flooring
Carpet,Tile
Materials
Brick,Stucco
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Flooring
Carpet,Tile
Materials
Brick,Stucco
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Valley
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Classification
Standard
Deal Score
50/100
vs Similar Homes
5% below
vs Market Median
3% below
Area Growth (YoY)
-0.8%
Deal Score Breakdown
50/100
Priced 5% below the median of similar listings
Priced 3% below the per-subtype city median
-0.8% year-over-year ZHVI growth in this area
LT net cashflow -$1,298/mo (-43.2% return on ownership cost) · STR net cashflow -$2,043/mo (-68.0% 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.
Monthly Rent
$1,939/mo
Range: $1,142 – $2,737
Net Monthly Cash Flow
−$1,299 /mo (−$15,588/yr)
Monthly rental income
Monthly ownership cost
Coverage
65%
Net /mo
−$1,298
DSCR
0.94
Est. Annual Revenue
$16,496/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$2,042 /mo (−$24,508/yr)
Monthly STR income
Monthly ownership cost
Coverage
46%
Net /mo
−$2,043
DSCR
0.53
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$570,000
-36% vs median
57 days
615
$184,000 – $7,995,000
$1,842
$546/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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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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