487 NINTH, Salt Lake City, UT 84103
3BD/—BA Residential in Salt Lake City, UT 84103. 2,756 sqft. Built 1936. Listed at $1,090,000. MLS #2160042.
3BD/—BA Residential in Salt Lake City, UT 84103. 2,756 sqft. Built 1936. Listed at $1,090,000. MLS #2160042.
PRICE IMPROVEMENT!! Classic Avenues Tudor with all the modern updates, curb appeal, valley views and a 2-car garage!! Not only does this lovely home have a two new kitchens, updated flooring, and paint, it also has an optional mother-in-law apartment in the basement! Large bedrooms, a spacious family room with extra storage and a private covered patio! There is even a place all set/wired for a hot tub! This home truly has everything and is not to be missed - come check it out!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tudor
Stories
2
Subdivision
SALT LAKE CITY SURVE
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Frame,Other
Lot Size
0.14 sq ft
Above Grade Area
1,378 sq ft
Condition
Blt./Standing
MLS #
2160042
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tudor
Stories
2
Subdivision
SALT LAKE CITY SURVE
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Frame,Other
Lot Size
0.14 sq ft
Above Grade Area
1,378 sq ft
Condition
Blt./Standing
MLS #
2160042
List Price
$1,090,000
Original Price
$1,100,000
Annual Taxes
$4,962
Home Warranty
No
List Price
$1,090,000
Original Price
$1,100,000
Annual Taxes
$4,962
Home Warranty
No
Heating
Electric,Heat Pump
Cooling
Heat Pump
Roof
Asphalt
Flooring
Hardwood,Tile,Slate
Basement
Full
Materials
Brick,Frame,Other
Appliances
Ceiling Fan,Microwave,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Electric,Heat Pump
Cooling
Heat Pump
Roof
Asphalt
Flooring
Hardwood,Tile,Slate
Basement
Full
Materials
Brick,Frame,Other
Appliances
Ceiling Fan,Microwave,Refrigerator,Water Softener Owned
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Classification
Standard
Deal Score
25/100
vs Similar Homes
24% above
vs Market Median
26% above
Price Reduced
0.9%
Area Growth (YoY)
-1.5%
Deal Score Breakdown
25/100
1% price reduction from original list — seller may be motivated
Priced 24% above the median of similar listings
Priced 26% above the per-subtype city median
-1.5% year-over-year ZHVI growth in this area
LT net cashflow -$2,561/mo (-34.8% return on ownership cost) · STR net cashflow -$4,582/mo (-62.2% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$5,454/mo
Range: $3,863 – $7,045
Net Monthly Cash Flow
−$2,562 /mo (−$30,747/yr)
Monthly rental income
Monthly ownership cost
Coverage
74%
Net /mo
−$2,561
DSCR
0.87
Est. Annual Revenue
$47,648/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$4,582 /mo (−$54,979/yr)
Monthly STR income
Monthly ownership cost
Coverage
54%
Net /mo
−$4,582
DSCR
0.51
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$580,000
+88% vs median
45 days
662
$195,000 – $7,995,000
$4,962
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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