650 300, Salt Lake City, UT 84103
2BD/—BA Residential in Salt Lake City, UT 84103. 747 sqft. Built 1961. Listed at $259,000. MLS #2165113.
2BD/—BA Residential in Salt Lake City, UT 84103. 747 sqft. Built 1961. Listed at $259,000. MLS #2165113.
Great condo in a gated, pet friendly community. The entire community has under gone a revamp with new roofs on each building and major water line upgrades giving peace of mind for a new owner. Marmalade has many new dining and entertainment options, all within walking distance. Complex has a pool, hot tub and gym.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
MARMALADE SQUARE CONDO
County
Salt Lake
Zoning
Multi-Family
Construction
Aluminum,Brick
Lot Size
0.01 sq ft
Above Grade Area
747 sq ft
Condition
Blt./Standing
MLS #
2165113
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
MARMALADE SQUARE CONDO
County
Salt Lake
Zoning
Multi-Family
Construction
Aluminum,Brick
Lot Size
0.01 sq ft
Above Grade Area
747 sq ft
Condition
Blt./Standing
MLS #
2165113
List Price
$259,000
HOA Fees
$315 / Monthly
Annual Taxes
$1,800
Home Warranty
No
List Price
$259,000
HOA Fees
$315 / Monthly
Annual Taxes
$1,800
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood,Tile
Basement
None
Materials
Aluminum,Brick
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood,Tile
Basement
None
Materials
Aluminum,Brick
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
1
Covered Spaces
0
Total Parking
1
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
85/100
vs Similar Homes
16% below
vs Market Median
1% above
Area Growth (YoY)
-1.1%
Deal Score Breakdown
85/100 · 1 qualifying signal
Priced 16% below the median of similar listings
Priced 1% above the per-subtype city median
-1.1% year-over-year ZHVI growth in this area
LT net cashflow -$1,052/mo (-49.8% return on ownership cost) · STR net cashflow -$1,573/mo (-74.5% 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
$1,202/mo
Range: $1,070 – $1,334
Net Monthly Cash Flow
−$1,052 /mo (−$12,629/yr)
Monthly rental income
Monthly ownership cost
Coverage
57%
Net /mo
−$1,052
DSCR
0.81
Est. Annual Revenue
$9,213/yr
$154/night · 56% occupancy · $59/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$1,572 /mo (−$18,860/yr)
Monthly STR income
Monthly ownership cost
Coverage
36%
Net /mo
−$1,573
DSCR
0.41
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$587,500
-56% vs median
39 days
660
$175,000 – $7,995,000
$1,800
$315/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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