480 WALL, Salt Lake City, UT 84103
1BD/—BA Residential in Salt Lake City, UT 84103. 512 sqft. Built 1984. Listed at $299,000. MLS #2165354.
1BD/—BA Residential in Salt Lake City, UT 84103. 512 sqft. Built 1984. Listed at $299,000. MLS #2165354.
Experience urban living at its best in this fully furnished Marmalade Hill condo. Boasting a stunning, newly renovated kitchen and a private balcony with unobstructed mountain and valley views, this home is both a sanctuary and a gateway to SLC. Ideally located: 5 minutes to downtown, 10 to the airport, and 20 to the slopes. Includes private parking and in-unit laundry. Don't miss this gem! Schedule your showing now.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Subdivision
CAPITOL
County
Salt Lake
Lot Size
0.01 sq ft
Condition
Blt./Standing
MLS #
2165354
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Subdivision
CAPITOL
County
Salt Lake
Lot Size
0.01 sq ft
Condition
Blt./Standing
MLS #
2165354
List Price
$299,000
HOA Fees
$576 / Monthly
Annual Taxes
$1,206
Home Warranty
No
List Price
$299,000
HOA Fees
$576 / Monthly
Annual Taxes
$1,206
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Flat
Basement
None
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Central
Cooling
Central Air
Roof
Flat
Basement
None
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
80/100
vs Similar Homes
13% below
vs Market Median
9% below
Area Growth (YoY)
-0.9%
Deal Score Breakdown
80/100 · 2 qualifying signals
Priced 13% below the median of similar listings
Priced 9% below the per-subtype city median
-0.9% year-over-year ZHVI growth in this area
LT net cashflow -$1,836/mo (-71.3% return on ownership cost) · STR net cashflow -$1,933/mo (-75.0% 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
$840/mo
Range: $723 – $957
Net Monthly Cash Flow
−$1,837 /mo (−$22,045/yr)
Monthly rental income
Monthly ownership cost
Coverage
33%
Net /mo
−$1,836
DSCR
0.49
Est. Annual Revenue
$11,032/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$1,933 /mo (−$23,193/yr)
Monthly STR income
Monthly ownership cost
Coverage
36%
Net /mo
−$1,933
DSCR
0.43
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$587,500
-49% vs median
39 days
660
$175,000 – $7,995,000
$1,206
$576/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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