583 8TH, Salt Lake City, UT 84103
3BD/—BA Residential in Salt Lake City, UT 84103. 2,121 sqft. Built 1909. Listed at $899,900. MLS #2157929.
3BD/—BA Residential in Salt Lake City, UT 84103. 2,121 sqft. Built 1909. Listed at $899,900. MLS #2157929.
Gorgeous views from this charming & beautifully remodeled bungalow in the highly sought-after Avenues neighborhood. This stunning home blends timeless character with extensive modern updates, offering over 2,100 sq ft of thoughtfully designed living space. The custom chef's kitchen features high-end cabinetry, quartz countertops, & stainless steel appliances. Real oak hardwood flooring flows throughout the main level, creating warmth and elegance in every room. The spacious primary suite is a true retreat with dual walk-in closets, oversized custom shower, and double vanities. The fully finished basement offers impressive ceiling height, a large family room, two generous bedrooms, full bath, and oversized laundry area-perfect for guests, entertaining, or additional living space. Major updates include electrical, plumbing, HVAC, windows, paint, trim, and more, giving the home a nearly brand-new feel while preserving its classic charm. Outside, enjoy mountain and valley views from the inviting front porch or relax year-round on the covered back patio. The lifetime metal roof, secure detached garage w/ extra height, off-street parking pad, mature landscaping, and expandable attic space add even more value and flexibility. Located just minutes from hiking and biking trails, downtown dining, and world-class ski resorts, this exceptional Avenues property offers the perfect combination of location, lifestyle, and luxury.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
NOBHILL SUB
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.1 sq ft
Above Grade Area
1,110 sq ft
Condition
Blt./Standing
MLS #
2157929
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
NOBHILL SUB
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.1 sq ft
Above Grade Area
1,110 sq ft
Condition
Blt./Standing
MLS #
2157929
List Price
$899,900
Annual Taxes
$4,065
Home Warranty
No
List Price
$899,900
Annual Taxes
$4,065
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Metal
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Brick
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Metal
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Brick
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
1
Covered Spaces
1
Total Parking
3
Garage Spaces
1
Covered Spaces
1
Total Parking
3
Classification
Standard
Deal Score
50/100
vs Similar Homes
1% below
vs Market Median
19% above
Area Growth (YoY)
-0.8%
Deal Score Breakdown
50/100
Priced 1% below the median of similar listings
Priced 19% above the per-subtype city median
-0.8% year-over-year ZHVI growth in this area
LT net cashflow -$1,967/mo (-32.7% return on ownership cost) · STR net cashflow -$3,623/mo (-60.2% 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
$4,609/mo
Range: $3,224 – $5,994
Net Monthly Cash Flow
−$1,967 /mo (−$23,603/yr)
Monthly rental income
Monthly ownership cost
Coverage
77%
Net /mo
−$1,967
DSCR
0.90
Est. Annual Revenue
$41,137/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$3,624 /mo (−$43,486/yr)
Monthly STR income
Monthly ownership cost
Coverage
57%
Net /mo
−$3,623
DSCR
0.54
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$570,000
+58% vs median
57 days
615
$184,000 – $7,995,000
$4,065
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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