763 3RD, Salt Lake City, UT 84103
5BD/—BA Residential in Salt Lake City, UT 84103. 4,116 sqft. Built 1910. Listed at $1,675,000. MLS #2164385.
5BD/—BA Residential in Salt Lake City, UT 84103. 4,116 sqft. Built 1910. Listed at $1,675,000. MLS #2164385.
Extensively renovated and thoughtfully redesigned, this exceptional home blends historic character with modern comfort and functionality. Major improvements include a new HVAC system with all-new ductwork, complete interior plumbing replacement, full electrical rewire with updated panel, renovated kitchen, redesigned bathrooms, and fresh interior finishes throughout. The spacious main level offers bright, open living spaces ideal for everyday living and entertaining, while the fully renovated kitchen serves as the heart of the home with quality cabinetry, updated finishes, and a functional layout. A standout feature is the fully finished basement apartment, offering additional living flexibility for guests, multigenerational living, or potential rental income. The lower level was thoughtfully reconfigured to maximize space and usability. Outside, enjoy the welcoming front deck, mature surroundings, and outstanding curb appeal. The property also features a newly constructed two-car garage, providing ample parking and storage. With extensive interior renovations already completed, updated major systems, a basement apartment, front deck, and two-car garage, this move-in-ready property offers a rare combination of character, versatility, and modern upgrades.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
County
Salt Lake
Zoning
Single-Family
Construction
Asphalt
Lot Size
0.16 sq ft
Above Grade Area
2,744 sq ft
Condition
Blt./Standing
MLS #
2164385
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
County
Salt Lake
Zoning
Single-Family
Construction
Asphalt
Lot Size
0.16 sq ft
Above Grade Area
2,744 sq ft
Condition
Blt./Standing
MLS #
2164385
List Price
$1,675,000
Annual Taxes
$4,067
Home Warranty
No
List Price
$1,675,000
Annual Taxes
$4,067
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full,Walk-Out Access
Materials
Asphalt
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full,Walk-Out Access
Materials
Asphalt
Appliances
Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Classification
Standard
Deal Score
10/100
vs Similar Homes
40% above
vs Market Median
31% above
Area Growth (YoY)
-1.5%
Deal Score Breakdown
10/100
LT net cashflow -$2,147/mo (-19.5% return on ownership cost) · STR net cashflow -$7,538/mo (-68.4% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 40% above the median of similar listings
Priced 31% above the per-subtype city median
-1.5% year-over-year ZHVI growth in this area
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
$10,078/mo
Range: $7,139 – $13,018
Net Monthly Cash Flow
−$2,147 /mo (−$25,758/yr)
Monthly rental income
Monthly ownership cost
Coverage
92%
Net /mo
−$2,147
DSCR
1.05
Est. Annual Revenue
$59,614/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$7,537 /mo (−$90,440/yr)
Monthly STR income
Monthly ownership cost
Coverage
45%
Net /mo
−$7,538
DSCR
0.41
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$580,000
+189% vs median
45 days
661
$195,000 – $7,995,000
$4,067
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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