1484 PRESTON, Salt Lake City, UT 84108
6BD/—BA Residential in Salt Lake City, UT 84108. 3,338 sqft. Built 1968. Listed at $1,380,000. MLS #2164028.
6BD/—BA Residential in Salt Lake City, UT 84108. 3,338 sqft. Built 1968. Listed at $1,380,000. MLS #2164028.
Tucked into one of Salt Lake City's most coveted zip codes, 1484 S Preston Street offers the rare combination of urban convenience and neighborhood charm. This impressive 6-bedroom, 3-bathroom home provides the space and flexibility modern families dream of - whether you need room to grow, space for guests, or a dedicated home office. Major updates have already been taken care of, including a brand-new roof and new water heater, giving buyers peace of mind and long-term value from day one. Situated in the 84108 corridor along the East Bench, this address puts you minutes from the vibrant energy of downtown SLC and the eclectic shops and dining of Sugar House, while still feeling like a true residential retreat. Step outside and the magic continues. The fully landscaped, private grounds create a serene escape from the bustle of the city - perfect for entertaining, letting the kids run free, or simply unwinding in your own personal sanctuary. Families will love the unbeatable school pipeline this location offers: Bonneville Elementary is just a short walk away, Clayton Middle School is right around the corner, and students feed into Highland High School - a beloved neighborhood institution set to undergo an exciting renovation that will only enhance its already strong community reputation. For those seeking private education, the renowned Rowland Hall is little more than a mile down the road, making this one of the most education-rich addresses in all of Salt Lake City. When it comes to everyday errands and weekend leisure, this location is second to none. Foothill Village, Harmons Emigration Market, and the Foothill Public Library are all just moments away, and the beloved neighborhood hubs of 15th & 15th and 9th & 9th - with their locally-owned restaurants, boutiques, and coffee shops - are right at your fingertips. Easy access to Wasatch foothills trails and the Bonneville Shoreline Trail puts nature right at your doorstep, and world-class ski resorts are just a short canyon drive away. Whether you're commuting downtown, heading to the University of Utah, or simply savoring everything Salt Lake has to offer, life at 1484 S Preston Street puts it all within easy reach. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
EL REY PARK
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.16 sq ft
Above Grade Area
1,669 sq ft
Condition
Blt./Standing
MLS #
2164028
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
EL REY PARK
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.16 sq ft
Above Grade Area
1,669 sq ft
Condition
Blt./Standing
MLS #
2164028
List Price
$1,380,000
Annual Taxes
$5,308
Home Warranty
No
List Price
$1,380,000
Annual Taxes
$5,308
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Travertine
Basement
Full
Materials
Brick
Appliances
Microwave,Range Hood,Refrigerator
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Travertine
Basement
Full
Materials
Brick
Appliances
Microwave,Range Hood,Refrigerator
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
8
Garage Spaces
2
Covered Spaces
2
Total Parking
8
Classification
Standard
Deal Score
30/100
vs Similar Homes
15% above
vs Market Median
6% above
Area Growth (YoY)
-0.3%
Deal Score Breakdown
30/100
Priced 6% above the per-subtype city median
Priced 15% above the median of similar listings
-0.3% year-over-year ZHVI growth in this area
LT net cashflow -$2,476/mo (-26.8% return on ownership cost) · STR net cashflow -$5,180/mo (-56.1% 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.
Monthly Rent
$7,685/mo
Range: $4,356 – $11,014
Net Monthly Cash Flow
−$2,476 /mo (−$29,707/yr)
Monthly rental income
Monthly ownership cost
Coverage
83%
Net /mo
−$2,476
DSCR
0.97
Est. Annual Revenue
$69,576/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$5,181 /mo (−$62,167/yr)
Monthly STR income
Monthly ownership cost
Coverage
63%
Net /mo
−$5,180
DSCR
0.58
Elementary
BonnevilleMiddle School
ClaytonHigh School
HighlandSchool District
Salt Lake
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$580,000
+138% vs median
45 days
661
$195,000 – $7,995,000
$5,308
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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