1238 FENWAY, Salt Lake City, UT 84102
4BD/—BA Residential in Salt Lake City, UT 84102. 1,860 sqft. Built 1924. Listed at $730,000. MLS #2164915.
4BD/—BA Residential in Salt Lake City, UT 84102. 1,860 sqft. Built 1924. Listed at $730,000. MLS #2164915.
Rare Find! Charming all-brick bungalow in an exceptional location featuring a basement apartment! And just a short walk to the University of Utah and McGillis School. Relax on your front porch, and enjoy the peaceful setting of this quiet, dead-end street in one of Salt Lake's most desirable neighborhoods. Inside, you will find thoughtful updates throughout. The main floor features a warm and inviting living space including a cozy fireplace and hardwood floors. The kitchen has been updated including new appliances. Also, 2 bedrooms and full bath plus a unique attic room (12x10) for additional storage or a small office. Plus, this is one of the few homes that includes a fully equipped basement apartment. It is light and bright with a separate entrance. The apartment includes 2 bedrooms, full bath, and kitchen. Both levels have their own washer and dryers for added convenience. Additional updates include newer windows and an updated roof. The private fenced backyard provides a quiet retreat for relaxing or entertaining. Buyer is advised to verify all listing information, including square footage and ADU requirements, to their own satisfaction.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
METES AND BOUNDS
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.07 sq ft
Above Grade Area
930 sq ft
Condition
Blt./Standing
MLS #
2164915
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
METES AND BOUNDS
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.07 sq ft
Above Grade Area
930 sq ft
Condition
Blt./Standing
MLS #
2164915
List Price
$730,000
Annual Taxes
$2,603
Home Warranty
No
List Price
$730,000
Annual Taxes
$2,603
Home Warranty
No
Heating
Gas: Central,Wood
Cooling
Central Air
Roof
Asphalt,Pitched
Flooring
Carpet,Hardwood,Tile
Basement
Entrance,Full
Materials
Brick
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Gas: Central,Wood
Cooling
Central Air
Roof
Asphalt,Pitched
Flooring
Carpet,Hardwood,Tile
Basement
Entrance,Full
Materials
Brick
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
1
Covered Spaces
1
Total Parking
2
Garage Spaces
1
Covered Spaces
1
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
72/100
vs Similar Homes
1% above
vs Market Median
11% below
Area Growth (YoY)
-0.3%
Deal Score Breakdown
72/100 · 1 qualifying signal
Priced 11% below the per-subtype city median
Priced 1% above the median of similar listings
-0.3% year-over-year ZHVI growth in this area
LT net cashflow -$1,601/mo (-33.0% return on ownership cost) · STR net cashflow -$2,425/mo (-50.0% 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.
Why this classification
Monthly Rent
$3,697/mo
Range: $2,195 – $5,200
Net Monthly Cash Flow
−$1,602 /mo (−$19,220/yr)
Monthly rental income
Monthly ownership cost
Coverage
76%
Net /mo
−$1,601
DSCR
0.89
Est. Annual Revenue
$41,652/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$2,425 /mo (−$29,096/yr)
Monthly STR income
Monthly ownership cost
Coverage
72%
Net /mo
−$2,425
DSCR
0.66
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$587,500
+24% vs median
39 days
660
$175,000 – $7,995,000
$2,603
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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