676 MARKEA, Salt Lake City, UT 84102
4BD/—BA Residential in Salt Lake City, UT 84102. 3,875 sqft. Built 2011. Listed at $1,065,000. MLS #2159843.
4BD/—BA Residential in Salt Lake City, UT 84102. 3,875 sqft. Built 2011. Listed at $1,065,000. MLS #2159843.
One of downtown Salt Lake City's largest luxury townhomes is now available at Markea Court. With over 3,500 square feet and two separate living units, this exceptional end-unit residence offers a rare combination of space, natural light, and low-maintenance living in one of the most desirable east-side downtown locations. Designed by renowned architect Prescott Muir and built in 2011, this home features an open floor plan with 9-foot ceilings throughout and expansive exposures to the east, south, and west-filling the space with abundant natural light. The main residence spans the upper two levels and includes 3 bedrooms and 2 bathrooms, complemented by a 1-bedroom, 1-bathroom unit on the lower level. The separate unit features its own kitchen and HVAC system and private entrance, offering flexibility for guests, rental income, or multi-generational living. Upper unit is rented for $3500 with lease ending at the end of August 2026. Lower unit is rented for $2400 and lease is ending November 2026. HOA allows for nightly rentals in partnership with Airbnb if the new owner desires to rent one or both units through that platform. High-end finishes are found throughout, including real walnut hardwood floors and stairs, custom cabinetry, and distinctive granite countertops with a full backsplash. The chef's kitchen is equipped with a 36-inch stainless steel KitchenAid professional-grade gas range and convection oven, paired with a vented hood that exhausts directly to the exterior. The primary suite provides a true retreat, featuring a jetted soaking tub and steam shower, along with Brazilian slate flooring in the bathrooms. Additional highlights include built-in surround sound with Klipsch in-ceiling speakers, CAT5 Ethernet wiring throughout, and ultra-high-speed Google Fiber internet. Comfort and efficiency are top of mind, with a dual-zone high-efficiency HVAC system, two 40-gallon water heaters, and thoughtful sound insulation incorporating solid brick construction and premium Andersen 100 Series and commercial-grade aluminum storefront windows-creating a remarkably quiet interior. Outdoor living is equally inviting, with two private decks, including a gas line for grilling. In addition, this townhome has 720 square feet of outdoor space that is ready to be developed, and is the only townhome in the community to include outdoor space. Currently, a fenced area has been approved by the HOA as shown as a mockup in the images. This home currently has tenants, please don't disturb. Opportunities like this are rare-don't miss your chance to own one of downtown SLC's premier townhomes.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
3
County
Salt Lake
Construction
Brick,Stucco
Lot Size
0.02 sq ft
Above Grade Area
3,875 sq ft
Condition
Blt./Standing
MLS #
2159843
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
3
County
Salt Lake
Construction
Brick,Stucco
Lot Size
0.02 sq ft
Above Grade Area
3,875 sq ft
Condition
Blt./Standing
MLS #
2159843
List Price
$1,065,000
HOA Fees
$507 / Monthly
Annual Taxes
$5,614
Home Warranty
No
List Price
$1,065,000
HOA Fees
$507 / Monthly
Annual Taxes
$5,614
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Rubber
Flooring
Carpet,Hardwood,Vinyl
Basement
Slab
Materials
Brick,Stucco
Appliances
Dryer,Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air
Cooling
Central Air
Roof
Rubber
Flooring
Carpet,Hardwood,Vinyl
Basement
Slab
Materials
Brick,Stucco
Appliances
Dryer,Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Classification
Strong Cash FlowDeal Score
55/100
vs Similar Homes
15% above
vs Market Median
55% above
Area Growth (YoY)
-0.8%
Deal Score Breakdown
55/100
LT net cashflow +$194/mo (+2.5% return on ownership cost) · STR net cashflow -$3,920/mo (-50.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 15% above the median of similar listings
Priced 55% above the per-subtype city median
-0.8% 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
$9,068/mo
Range: $5,766 – $12,371
Net Monthly Cash Flow
+$194 /mo (+$2,332/yr)
Monthly rental income
Monthly ownership cost
Coverage
117%
Net /mo
+$194
DSCR
1.48
Est. Annual Revenue
$66,260/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$3,920 /mo (−$47,040/yr)
Monthly STR income
Monthly ownership cost
Coverage
71%
Net /mo
−$3,920
DSCR
0.72
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$575,000
+85% vs median
55 days
621
$184,000 – $7,995,000
$5,614
$507/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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