480 WALL, Salt Lake City, UT 84103
1BD/—BA Residential in Salt Lake City, UT 84103. 556 sqft. Built 1984. Listed at $315,000. MLS #2166535.
1BD/—BA Residential in Salt Lake City, UT 84103. 556 sqft. Built 1984. Listed at $315,000. MLS #2166535.
Enjoy affordable downtown living in one of Salt Lake City's most convenient locations. This well-maintained condo offers a rare private garage, low-maintenance living, and quick access to the Utah State Capitol, downtown restaurants, the University of Utah, hiking trails and the airport. Move-in ready with abundant natural light and everything you need just minutes away. Inside, the thoughtfully designed space offers beautiful stone countertops, amazing hardwood floors, and a functional layout that maximizes comfort and efficiency. Recent updates include a new A/C unit and newer furnace, providing peace of mind for years to come. This condo is the perfect opportunity for anyone seeking an affordable urban lifestyle in the heart of the city.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
CAPITOL
County
Salt Lake
Construction
Cement Siding
Lot Size
0.01 sq ft
Above Grade Area
556 sq ft
Condition
Blt./Standing
MLS #
2166535
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
CAPITOL
County
Salt Lake
Construction
Cement Siding
Lot Size
0.01 sq ft
Above Grade Area
556 sq ft
Condition
Blt./Standing
MLS #
2166535
List Price
$315,000
HOA Fees
$386 / Monthly
Annual Taxes
$1,284
Home Warranty
No
List Price
$315,000
HOA Fees
$386 / Monthly
Annual Taxes
$1,284
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood,Tile
Basement
None
Materials
Cement Siding
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Sewer
Sewer: Connected,Sewer: Public
View
Valley
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood,Tile
Basement
None
Materials
Cement Siding
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Sewer
Sewer: Connected,Sewer: Public
View
Valley
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
8% above
vs Market Median
16% above
Area Growth (YoY)
-0.9%
Deal Score Breakdown
10/100
Priced 8% above the median of similar listings
Priced 16% above the per-subtype city median
-0.9% year-over-year ZHVI growth in this area
LT net cashflow -$1,691/mo (-67.8% return on ownership cost) · STR net cashflow -$1,818/mo (-72.9% 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
$913/mo
Range: $786 – $1,040
Net Monthly Cash Flow
−$1,691 /mo (−$20,295/yr)
Monthly rental income
Monthly ownership cost
Coverage
37%
Net /mo
−$1,691
DSCR
0.51
Est. Annual Revenue
$11,592/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$1,817 /mo (−$21,807/yr)
Monthly STR income
Monthly ownership cost
Coverage
39%
Net /mo
−$1,818
DSCR
0.43
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$587,500
-46% vs median
39 days
660
$175,000 – $7,995,000
$1,284
$386/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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