650 300, Salt Lake City, UT 84103
2BD/—BA Residential in Salt Lake City, UT 84103. 747 sqft. Built 1961. Listed at $293,000. MLS #2160049.
2BD/—BA Residential in Salt Lake City, UT 84103. 747 sqft. Built 1961. Listed at $293,000. MLS #2160049.
**Seller to pay first year of HOA fees at closing!** This is a one-of-a-kind condo tucked into the historic Marmalade District - where charm, character, and convenience meet. What truly sets this home apart is its rare private patio with direct access, a peaceful retreat right in the city. The south-facing patio enjoys abundant natural light throughout the day, and has been beautifully updated with new fencing and decking, perfect for a dog owner, gardener, or outdoor chef. Inside, you'd find original hardwood floors, new recessed lighting, updated water heater and HVAC (2020-2021), added insulation in ceilings and interior walls, and a custom wood-slat acoustic wall in the primary bedroom. The bright and updated kitchen features a gas range and generous counter space, and the in-unit laundry adds everyday convenience. Walk to neighborhood favorites like Marmalade Brunch House, Taverna Pizza, Salt Lake Acting Company, and the beautiful new City Library. Stroll to the State Capitol or Warm Springs Park, or enjoy quick access to the freeway and downtown Salt Lake City. Marmalade Square has a great sense of community and features gated parking, additional storage, a pool & hot tub, fitness center, and dog park. Don't miss this hidden gem in one of Salt Lake City's most desirable neighborhoods.
Property Type
Residential
Property Style
Condominium
Stories
1
Subdivision
MARMALADE SQUARE
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
747 sq ft
Condition
Blt./Standing
MLS #
2160049
Property Type
Residential
Property Style
Condominium
Stories
1
Subdivision
MARMALADE SQUARE
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
747 sq ft
Condition
Blt./Standing
MLS #
2160049
List Price
$293,000
Original Price
$298,000
HOA Fees
$265
Annual Taxes
$1,433
Home Warranty
No
List Price
$293,000
Original Price
$298,000
HOA Fees
$265
Annual Taxes
$1,433
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood,Tile
Basement
None
Materials
Brick
Appliances
Dryer,Microwave,Refrigerator,Washer
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood,Tile
Basement
None
Materials
Brick
Appliances
Dryer,Microwave,Refrigerator,Washer
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
0
Total Parking
1
Covered Spaces
0
Total Parking
1
Why this is a deal
Classification
Standard
Deal Score
65/100
vs Similar Homes
10% below
vs Market Median
7% above
Price Reduced
1.7%
Area Growth (YoY)
-1.1%
Deal Score Breakdown
65/100 · 1 qualifying signal
Priced 10% below the median of similar listings
Priced 7% above the per-subtype city median
2% price reduction from original list — seller may be motivated
-1.1% year-over-year ZHVI growth in this area
LT net cashflow -$1,188/mo (-52.9% return on ownership cost) · STR net cashflow -$1,708/mo (-76.1% 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.
Why this classification
Monthly Rent
$1,202/mo
Range: $1,070 – $1,334
Net Monthly Cash Flow
−$1,188 /mo (−$14,255/yr)
Monthly rental income
Monthly ownership cost
Coverage
54%
Net /mo
−$1,188
DSCR
0.72
Est. Annual Revenue
$9,213/yr
$154/night · 56% occupancy · $59/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$1,707 /mo (−$20,486/yr)
Monthly STR income
Monthly ownership cost
Coverage
34%
Net /mo
−$1,708
DSCR
0.37
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$587,500
-50% vs median
39 days
660
$175,000 – $7,995,000
$1,433
$265/mo
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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