1154 2700, Salt Lake City, UT 84106
2BD/—BA Residential in Salt Lake City, UT 84106. 1,270 sqft. Built 1964. Listed at $350,000. MLS #2156283.
2BD/—BA Residential in Salt Lake City, UT 84106. 1,270 sqft. Built 1964. Listed at $350,000. MLS #2156283.
Located in the historic Graystone Condominiums community, this 2-bedroom, 1-bath condo offers a rare blend of mid-century character and prime Sugar House living. Once part of the original Graystone Mansion estate, the land was thoughtfully developed to preserve its natural beauty and open, established feel, something that still defines the community today. Unlike newer condo developments built for maximum density, Graystone was designed around the original estate layout, featuring towering mature trees that predate the buildings themselves, and open green spaces where additional structures could have been placed but were intentionally left untouched. The result is an unusually quiet, park-like setting rarely found in newer Sugar House communities. This condo offers classic mid-century design elements including clean lines, large windows, and a functional layout that feels open, bright, and comfortable. The setting is quiet and tucked away, yet incredibly central. Enjoy unbeatable proximity to Sugar House Park, Sugar House Shopping Center, dining, shopping, entertainment, and outdoor recreation, all just minutes away. Whether you're heading downtown, meeting friends for coffee, or enjoying the nearby trails and parks, everything you need is close at hand. Blending history, character, and convenience, this home is perfect for buyers seeking a unique lifestyle in one of Salt Lake's most established and desirable neighborhoods. Buyer/Agent to verify all.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
GRAYSTONE CONDO
County
Salt Lake
Zoning
Multi-Family
Construction
Aluminum,Brick
Lot Size
0.01 sq ft
Above Grade Area
1,270 sq ft
Condition
Blt./Standing
MLS #
2156283
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
GRAYSTONE CONDO
County
Salt Lake
Zoning
Multi-Family
Construction
Aluminum,Brick
Lot Size
0.01 sq ft
Above Grade Area
1,270 sq ft
Condition
Blt./Standing
MLS #
2156283
List Price
$350,000
HOA Fees
$290 / Monthly
Annual Taxes
$1,458
Home Warranty
No
List Price
$350,000
HOA Fees
$290 / Monthly
Annual Taxes
$1,458
Home Warranty
No
Heating
Electric
Cooling
Central Air
Flooring
Carpet,Tile
Basement
None
Materials
Aluminum,Brick
Appliances
Ceiling Fan,Microwave,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Electric
Cooling
Central Air
Flooring
Carpet,Tile
Basement
None
Materials
Aluminum,Brick
Appliances
Ceiling Fan,Microwave,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
75/100
vs Similar Homes
11% below
vs Market Median
0% above
Area Growth (YoY)
0.9%
Deal Score Breakdown
75/100 · 1 qualifying signal
Priced 11% below the median of similar listings
Priced 0% above the per-subtype city median
LT net cashflow -$292/mo (-11.0% return on ownership cost) · STR net cashflow -$1,150/mo (-43.4% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
0.9% year-over-year ZHVI growth in this area
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
$2,679/mo
Range: $2,041 – $3,317
Net Monthly Cash Flow
−$293 /mo (−$3,514/yr)
Monthly rental income
Monthly ownership cost
Coverage
101%
Net /mo
−$292
DSCR
1.33
Est. Annual Revenue
$25,713/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,150 /mo (−$13,801/yr)
Monthly STR income
Monthly ownership cost
Coverage
81%
Net /mo
−$1,150
DSCR
0.85
Elementary
Nibley ParkMiddle School
Nibley ParkHigh School
HighlandSchool District
Salt Lake
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$570,000
-39% vs median
56 days
618
$184,000 – $7,995,000
$1,458
$290/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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