854 WILSHIRE, Salt Lake City, UT 84102
2BD/—BA Residential in Salt Lake City, UT 84102. 1,461 sqft. Built 1927. Listed at $510,000. MLS #2159320.
2BD/—BA Residential in Salt Lake City, UT 84102. 1,461 sqft. Built 1927. Listed at $510,000. MLS #2159320.
**Showings begin Friday, June 12th at 2 pm** Its the quintessential example of all the things that make people's heart go pitter patter in the 9th and 9th area. A true craftsman bungalow that showcases the historical charms of the era, one of the big draws to homes like these. Original hardwoods, stained glass windows (are you kidding me?), 9 foot ceilings, the cozy porch, and the original moldings, doors and hardware. If a throwback to the early 1900's with todays conveniences of AC and upgraded electrical are what you crave, look no further. Located on a private, dead end with an absolutely perfect patio for morning coffee and off street parking. Google fiber services the home, perfect for the WFH lifestyle.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
PLAT B
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.07 sq ft
Above Grade Area
948 sq ft
Condition
Blt./Standing
MLS #
2159320
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
PLAT B
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.07 sq ft
Above Grade Area
948 sq ft
Condition
Blt./Standing
MLS #
2159320
List Price
$510,000
Annual Taxes
$1,317
Home Warranty
No
List Price
$510,000
Annual Taxes
$1,317
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Partial
Materials
Brick
Water Source
Culinary
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Partial
Materials
Brick
Water Source
Culinary
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
80/100
vs Similar Homes
10% below
vs Market Median
8% below
Area Growth (YoY)
-1.2%
Deal Score Breakdown
80/100 · 2 qualifying signals
Priced 10% below the median of similar listings
Priced 8% below the per-subtype city median
-1.2% year-over-year ZHVI growth in this area
LT net cashflow -$1,080/mo (-32.1% return on ownership cost) · STR net cashflow -$1,746/mo (-52.0% 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.
Why this classification
Monthly Rent
$2,592/mo
Range: $1,728 – $3,456
Net Monthly Cash Flow
−$1,080 /mo (−$12,954/yr)
Monthly rental income
Monthly ownership cost
Coverage
77%
Net /mo
−$1,080
DSCR
0.89
Est. Annual Revenue
$27,684/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$1,746 /mo (−$20,946/yr)
Monthly STR income
Monthly ownership cost
Coverage
69%
Net /mo
−$1,746
DSCR
0.63
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$580,000
-12% vs median
45 days
661
$195,000 – $7,995,000
$1,317
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

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