644 GRAND, Salt Lake City, UT 84102
3BD/—BA Residential in Salt Lake City, UT 84102. 1,209 sqft. Built 1948. Listed at $465,900. MLS #2167470.
3BD/—BA Residential in Salt Lake City, UT 84102. 1,209 sqft. Built 1948. Listed at $465,900. MLS #2167470.
NEW PRICE BASED ON FEEDBACK! Humble little home with mo-in-law apartment down. Has been used as a rental for decades. Tenant down is on month to month and is paying $900, up was rented at $1400. Each unit has its own washer/dryer, downstairs has separate entrance. Single meter/thermostat for both units. Located just below the U of U, bus routes and TRAX stop. Great investment property or would work nicely for student housing with rent help from downstairs to make your mortgage payment each month. Two stoves/refrigerators, two window AC units. Lot goes waaaay back behind the home and very secluded-major possibilities! See agent remarks for showings.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
PLAT B SLC SUR
County
Salt Lake
Zoning
Multi-Family
Construction
Cedar,Frame
Lot Size
0.1 sq ft
Above Grade Area
672 sq ft
Condition
Blt./Standing
MLS #
2167470
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
PLAT B SLC SUR
County
Salt Lake
Zoning
Multi-Family
Construction
Cedar,Frame
Lot Size
0.1 sq ft
Above Grade Area
672 sq ft
Condition
Blt./Standing
MLS #
2167470
List Price
$465,900
Annual Taxes
$1,885
Home Warranty
No
List Price
$465,900
Annual Taxes
$1,885
Home Warranty
No
Heating
Gas: Central
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Entrance
Materials
Cedar,Frame
Appliances
Dryer,Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Gas: Central
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Entrance
Materials
Cedar,Frame
Appliances
Dryer,Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
100/100
vs Similar Homes
31% below
vs Market Median
5% below
Area Growth (YoY)
-1.2%
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 31% below the median of similar listings
Priced 5% below the per-subtype city median
-1.2% year-over-year ZHVI growth in this area
LT net cashflow -$1,296/mo (-40.8% return on ownership cost) · STR net cashflow -$1,593/mo (-50.2% 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
$2,134/mo
Range: $1,414 – $2,854
Net Monthly Cash Flow
−$1,295 /mo (−$15,546/yr)
Monthly rental income
Monthly ownership cost
Coverage
67%
Net /mo
−$1,296
DSCR
0.78
Est. Annual Revenue
$27,092/yr
$384/night · 39% occupancy · $133/bedroom · $0.41/sqft
Net Monthly Cash Flow
−$1,593 /mo (−$19,114/yr)
Monthly STR income
Monthly ownership cost
Coverage
71%
Net /mo
−$1,593
DSCR
0.66
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$587,500
-21% vs median
41 days
744
$11,000 – $7,995,000
$1,885
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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Daryn Edmunds - High Road Properties

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