530 400, Salt Lake City, UT 84111
1BD/—BA Residential in Salt Lake City, UT 84111. 684 sqft. Built 1983. Listed at $259,900. MLS #2167197.
1BD/—BA Residential in Salt Lake City, UT 84111. 684 sqft. Built 1983. Listed at $259,900. MLS #2167197.
Feels larger than a one-bedroom unit, and this is the best price in the complex! Towne Park offers a wide range of amenities, including a community pool, ball courts, secure building access, and gated parking. Residents enjoy a wellmaintained community with features that support both relaxation and an active lifestyle. The location provides outstanding accessibility-minutes from downtown, a few blocks to light rail, steps from a bus route, and just one block from the freeway onramp. Shopping, dining, and entertainment are all within easy reach. Unit is fully updated, the complex has great amenities, and an unbeatable price...it is an excellent opportunity for buyers seeking convenience, value, and central Salt Lake City living. Living here is a perfect option over renting a dorm room! The additional den adds flexible space ideal for a home office, guest area, or storage. The kitchen and living areas are welldesigned for everyday comfort, and the entire unit is movein ready, fully updated! EASY TO SHOW!
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
TOWNE PARK
County
Salt Lake
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
684 sq ft
Condition
Blt./Standing
MLS #
2167197
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
TOWNE PARK
County
Salt Lake
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
684 sq ft
Condition
Blt./Standing
MLS #
2167197
List Price
$259,900
HOA Fees
$443 / Monthly
Annual Taxes
$1,384
Home Warranty
No
List Price
$259,900
HOA Fees
$443 / Monthly
Annual Taxes
$1,384
Home Warranty
No
Heating
Hydronic
Cooling
Heat Pump
Roof
Rubber
Flooring
Laminate
Basement
None
Materials
Brick,Stucco
Appliances
Ceiling Fan,Refrigerator,Washer
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Hydronic
Cooling
Heat Pump
Roof
Rubber
Flooring
Laminate
Basement
None
Materials
Brick,Stucco
Appliances
Ceiling Fan,Refrigerator,Washer
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
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)
-1.2%
Deal Score Breakdown
85/100 · 1 qualifying signal
Priced 16% below the median of similar listings
Priced 1% above the per-subtype city median
-1.2% year-over-year ZHVI growth in this area
LT net cashflow -$849/mo (-38.4% return on ownership cost) · STR net cashflow -$1,444/mo (-65.4% 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
$1,546/mo
Range: $876 – $2,216
Net Monthly Cash Flow
−$850 /mo (−$10,194/yr)
Monthly rental income
Monthly ownership cost
Coverage
70%
Net /mo
−$849
DSCR
1.04
Est. Annual Revenue
$13,126/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$1,445 /mo (−$17,336/yr)
Monthly STR income
Monthly ownership cost
Coverage
50%
Net /mo
−$1,444
DSCR
0.59
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$587,500
-56% vs median
39 days
660
$175,000 – $7,995,000
$1,384
$443/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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