717 5TH, Salt Lake City, UT 84103
2BD/—BA Residential in Salt Lake City, UT 84103. 1,347 sqft. Built 1982. Listed at $474,900. MLS #2164170.
2BD/—BA Residential in Salt Lake City, UT 84103. 1,347 sqft. Built 1982. Listed at $474,900. MLS #2164170.
Beautifully updated top-floor condo offering comfortable single-level living in the heart of the Avenues. Nestled among mature trees, this quiet and secluded residence feels like a peaceful retreat while remaining just minutes from downtown Salt Lake City, local shops, restaurants, and parks. Natural light fills the home, enhanced by a skylight in the kitchen and large windows throughout. Thoughtful features include excellent storage, custom built-in cabinetry in the living room, and a spacious primary suite with a large walk-in closet and updated bathroom featuring a walk-in shower. Major improvements provide peace of mind, including new windows (2021), new roof (2023), new furnace and A/C (2023), and a new water heater (2023). The building is equipped with Google Fiber, offering fast and reliable internet service. Additional amenities include secure garage parking with one dedicated parking space, extra storage in the garage, and the option to rent a second garage parking space for just $60 per month.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
HALLS 5TH AVE CONDM
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Cedar
Lot Size
0.01 sq ft
Above Grade Area
1,347 sq ft
Condition
Blt./Standing
MLS #
2164170
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
HALLS 5TH AVE CONDM
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Cedar
Lot Size
0.01 sq ft
Above Grade Area
1,347 sq ft
Condition
Blt./Standing
MLS #
2164170
List Price
$474,900
HOA Fees
$400 / Monthly
Annual Taxes
$2,236
Home Warranty
No
List Price
$474,900
HOA Fees
$400 / Monthly
Annual Taxes
$2,236
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt,Membrane
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Brick,Cedar
Appliances
Ceiling Fan,Microwave,Range Hood
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt,Membrane
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Brick,Cedar
Appliances
Ceiling Fan,Microwave,Range Hood
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Classification
Standard
Deal Score
10/100
vs Similar Homes
33% above
vs Market Median
11% above
Area Growth (YoY)
-1.5%
Deal Score Breakdown
10/100
Priced 33% above the median of similar listings
Priced 11% above the per-subtype city median
-1.5% year-over-year ZHVI growth in this area
LT net cashflow -$1,493/mo (-41.4% return on ownership cost) · STR net cashflow -$2,086/mo (-57.9% 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
$2,399/mo
Range: $1,961 – $2,836
Net Monthly Cash Flow
−$1,492 /mo (−$17,909/yr)
Monthly rental income
Monthly ownership cost
Coverage
67%
Net /mo
−$1,493
DSCR
0.89
Est. Annual Revenue
$26,010/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$2,085 /mo (−$25,019/yr)
Monthly STR income
Monthly ownership cost
Coverage
60%
Net /mo
−$2,086
DSCR
0.64
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$587,500
-19% vs median
39 days
660
$175,000 – $7,995,000
$2,236
$400/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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