419 300, Salt Lake City, UT 84111
2BD/—BA Residential in Salt Lake City, UT 84111. 811 sqft. Built 1908. Listed at $425,000. MLS #2167751.
2BD/—BA Residential in Salt Lake City, UT 84111. 811 sqft. Built 1908. Listed at $425,000. MLS #2167751.
Rare opportunity to own a piece of Salt Lake City history in a landmark building designed and built by renowned architect Bernard O. Mecklenburg, best known for his work on the Cathedral of the Madeleine. Listed on the Utah Historic Landmark Registry, this charming residence showcases beautiful original hardwood floors, classic wood casings, solid wood doors, and antique architectural details that highlight the craftsmanship of a bygone era. The home blends historic character with an unbeatable downtown location near dining, shopping, entertainment, and public transit. A standout feature is the designated gated parking stall-a rare amenity, as not all units in the building include dedicated parking. Also included is a large private storage closet conveniently located on the main floor, while most other units have basement storage. Located within the boundaries of Wasatch Elementary, Bryant Middle School, and East High School, this unique property offers historic elegance, modern convenience, and exceptional value. Square footage figures are provided as a courtesy estimate only and were obtained from Seller. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
IVANHOE APARTMENTS CONDO
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
811 sq ft
Condition
Blt./Standing
MLS #
2167751
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
IVANHOE APARTMENTS CONDO
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
811 sq ft
Condition
Blt./Standing
MLS #
2167751
List Price
$425,000
HOA Fees
$255 / Monthly
Annual Taxes
$1,779
Home Warranty
No
List Price
$425,000
HOA Fees
$255 / Monthly
Annual Taxes
$1,779
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Flat,Membrane
Flooring
Hardwood,Tile
Basement
None
Materials
Brick
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Flat,Membrane
Flooring
Hardwood,Tile
Basement
None
Materials
Brick
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
1
Covered Spaces
0
Total Parking
1
Classification
Standard
Deal Score
50/100
vs Similar Homes
3% below
vs Market Median
12% above
Area Growth (YoY)
-1.2%
Deal Score Breakdown
50/100
Priced 3% below the median of similar listings
Priced 12% above the per-subtype city median
-1.2% year-over-year ZHVI growth in this area
LT net cashflow -$1,255/mo (-40.4% return on ownership cost) · STR net cashflow -$1,984/mo (-63.9% 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
$2,100/mo
Range: $1,457 – $2,744
Net Monthly Cash Flow
−$1,255 /mo (−$15,064/yr)
Monthly rental income
Monthly ownership cost
Coverage
68%
Net /mo
−$1,255
DSCR
0.87
Est. Annual Revenue
$19,184/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$1,985 /mo (−$23,816/yr)
Monthly STR income
Monthly ownership cost
Coverage
52%
Net /mo
−$1,984
DSCR
0.52
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$587,500
-28% vs median
39 days
660
$175,000 – $7,995,000
$1,779
$255/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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