554 11TH, Salt Lake City, UT 84103
4BD/—BA Residential in Salt Lake City, UT 84103. 3,748 sqft. Built 1936. Listed at $995,000. MLS #2160064.
4BD/—BA Residential in Salt Lake City, UT 84103. 3,748 sqft. Built 1936. Listed at $995,000. MLS #2160064.
PRICE IMPROVEMENT! Nestled on a friendly, tree-lined street with unparalleled access to the foothills and downtown, this 1936 classic jewel stands as a testament to the craftsmanship of the architects Cannon and Fetzer. Combining historic integrity with high-end modern upgrades, this home offers a rare opportunity to own a piece of local history, Exudes sophistication from the hardwood floors to the dentil and crown moldings, the grand foyer with striking wrought iron balustrade sets a tone of refined elegance. Sturdy concrete construction, along with new wood windows and added exterior foam insulation maintain the home's historic character while providing modern energy efficiency. Enjoy crisp mornings in the heated sunroom or take in mountain and city views from the south deck. 90% efficient furnace, 2 gas water heaters, and a newer warranted roof for peace of mind. Outdoor spaces are landscaped with sprinklers, and drip, grow boxes. All this is steps away from walking and biking paths leading to City Creek, U of U, local hospitals and foothill trails. Discover the perfect balance of historic charm and urban conveniences. Square footage figures are provided as a courtesy estimate only and were obtained from independent appraiser measurements. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
THE AVENUES
County
Salt Lake
Zoning
Single-Family
Construction
Stucco
Lot Size
0.16 sq ft
Above Grade Area
2,049 sq ft
Condition
Blt./Standing
MLS #
2160064
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
THE AVENUES
County
Salt Lake
Zoning
Single-Family
Construction
Stucco
Lot Size
0.16 sq ft
Above Grade Area
2,049 sq ft
Condition
Blt./Standing
MLS #
2160064
List Price
$995,000
Original Price
$1,295,000
Annual Taxes
$4,876
Home Warranty
No
List Price
$995,000
Original Price
$1,295,000
Annual Taxes
$4,876
Home Warranty
No
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Walk-Out Access
Materials
Stucco
Appliances
Ceiling Fan,Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Walk-Out Access
Materials
Stucco
Appliances
Ceiling Fan,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
Why this is a deal
Classification
Exceptional DealDeal Score
100/100
vs Similar Homes
28% below
vs Market Median
17% below
Price Reduced
23.2%
Area Growth (YoY)
-1.5%
Deal Score Breakdown
100/100 · 4 qualifying signals
23% price reduction from original list — seller may be motivated
Priced 28% below the median of similar listings
Priced 17% below the per-subtype city median
LT net cashflow +$533/mo (+7.9% return on ownership cost) · STR net cashflow -$2,998/mo (-44.4% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
-1.5% year-over-year ZHVI growth in this area
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
$8,274/mo
Range: $5,861 – $10,687
Net Monthly Cash Flow
+$532 /mo (+$6,389/yr)
Monthly rental income
Monthly ownership cost
Coverage
123%
Net /mo
+$533
DSCR
1.45
Est. Annual Revenue
$64,288/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$2,998 /mo (−$35,979/yr)
Monthly STR income
Monthly ownership cost
Coverage
79%
Net /mo
−$2,998
DSCR
0.75
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$580,000
+72% vs median
45 days
662
$195,000 – $7,995,000
$4,876
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

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor
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