245 VINE, Salt Lake City, UT 84103
2BD/—BA Residential in Salt Lake City, UT 84103. 1,397 sqft. Built 1976. Listed at $500,000. MLS #2156420.
2BD/—BA Residential in Salt Lake City, UT 84103. 1,397 sqft. Built 1976. Listed at $500,000. MLS #2156420.
Discover elevated downtown living in this beautifully maintained 2-bedroom, 2-bath condo located in the heart of Salt Lake City with unbeatable walkability to shopping, dining, entertainment, and city attractions, plus convenient access close to the University of Utah. This spacious condo offers a large open gathering space perfect for entertaining, while three private decks showcase incredible panoramic views of the Salt Lake Valley and surrounding mountains. Enjoy the convenience and peace of mind of a secured building requiring key fob access, along with 2 assigned covered parking spaces and 2 private storage closets located in the parking garage. Residents have access to an impressive list of amenities including a pool, hot tub, saunas, locker rooms with showers and bathrooms, a clubhouse with kitchen, pool table, fireplace, and game room. Thoughtful touches like convenient grocery carts in the parking garage make everyday living effortless. This is city living at its finest with comfort, convenience, security, and resort-style amenities all in one exceptional property.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
TREVI TOWERS
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
1,397 sq ft
Condition
Blt./Standing
MLS #
2156420
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
TREVI TOWERS
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
1,397 sq ft
Condition
Blt./Standing
MLS #
2156420
List Price
$500,000
HOA Fees
$617 / Monthly
Annual Taxes
$1,819
Home Warranty
No
List Price
$500,000
HOA Fees
$617 / Monthly
Annual Taxes
$1,819
Home Warranty
No
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Tar/Gravel
Flooring
Carpet
Basement
None
Materials
Brick
Appliances
Range Hood,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Tar/Gravel
Flooring
Carpet
Basement
None
Materials
Brick
Appliances
Range Hood,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Lake,Mountain(s),Valley
Covered Spaces
0
Total Parking
2
Covered Spaces
0
Total Parking
2
Classification
Standard
Deal Score
30/100
vs Similar Homes
5% above
vs Market Median
3% above
Area Growth (YoY)
0.1%
Deal Score Breakdown
30/100
Priced 3% above the per-subtype city median
Priced 5% above the median of similar listings
0.1% year-over-year ZHVI growth in this area
LT net cashflow -$1,583/mo (-40.3% return on ownership cost) · STR net cashflow -$2,339/mo (-59.6% 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
$2,664/mo
Range: $1,839 – $3,489
Net Monthly Cash Flow
−$1,583 /mo (−$18,994/yr)
Monthly rental income
Monthly ownership cost
Coverage
68%
Net /mo
−$1,583
DSCR
0.94
Est. Annual Revenue
$27,226/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$2,338 /mo (−$28,056/yr)
Monthly STR income
Monthly ownership cost
Coverage
58%
Net /mo
−$2,339
DSCR
0.64
Elementary
WashingtonMiddle School
BryantHigh School
None/OtherSchool District
Salt Lake
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$570,000
-12% vs median
57 days
615
$184,000 – $7,995,000
$1,819
$617/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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