318 1700, Salt Lake City, UT 84115
4BD/—BA Residential in Salt Lake City, UT 84115. 2,288 sqft. Built 1927. Listed at $725,000. MLS #2167928.
4BD/—BA Residential in Salt Lake City, UT 84115. 2,288 sqft. Built 1927. Listed at $725,000. MLS #2167928.
Beautifully Updated All-Brick Bungalow with Custom Mother-in-Law Apartment in Liberty Wells. This charming all-brick bungalow has been thoughtfully updated, including a complete custom basement remodel featuring a fully finished mother-in-law apartment. Designed with high-end Craftsman-style finishes, the lower level includes its own kitchen, living area, laundry, two bathrooms, and two bedrooms with egress windows, including a spacious primary suite with a private bathroom. Whether used as additional living space, a rental opportunity, or multigenerational housing, this versatile space offers exceptional flexibility. The main floor blends classic bungalow character with modern updates, featuring high ceilings, spacious rooms, and an inviting layout full of warmth and charm. Outside, the xeriscaped front and back yards are designed for low maintenance, water conservation, and cost savings. The backyard is an entertainer's dream, offering stunning mountain views, a large deck, two custom steel planter boxes, and a dedicated gardening area. The property also features mature almond, pear, and peach trees, along with a drip irrigation system throughout the entire yard that can be conveniently controlled via Wi-Fi through a smartphone app. Interior basement lighting is also Wi-Fi enabled for added convenience. Additional features include ample off-street parking, a fully fenced backyard, and a driveway gate that allows the rear yard to be securely closed off from the street. Ideally located in Liberty Wells, this home is within walking distance of local markets, coffee shops, and parks, while offering quick access to Downtown Salt Lake City, Liberty Park, Sugar House Park, and the vibrant Sugar House district. If the square footage, acreage, improvements, or other property details are of material concern to the buyer, the buyer is responsible for independently verifying all information to their satisfaction.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
ACADIA
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.16 sq ft
Above Grade Area
1,144 sq ft
Condition
Blt./Standing
MLS #
2167928
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
ACADIA
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.16 sq ft
Above Grade Area
1,144 sq ft
Condition
Blt./Standing
MLS #
2167928
List Price
$725,000
Annual Taxes
$3,514
Home Warranty
No
List Price
$725,000
Annual Taxes
$3,514
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Brick
Appliances
Dryer,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Brick
Appliances
Dryer,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
1
Covered Spaces
1
Total Parking
5
Garage Spaces
1
Covered Spaces
1
Total Parking
5
Classification
Standard
Deal Score
30/100
vs Similar Homes
26% above
vs Market Median
15% above
Area Growth (YoY)
-1.4%
Deal Score Breakdown
30/100
LT net cashflow -$443/mo (-9.0% return on ownership cost) · STR net cashflow -$2,148/mo (-43.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 26% above the median of similar listings
Priced 15% above the per-subtype city median
-1.4% year-over-year ZHVI growth in this area
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
$5,064/mo
Range: $3,998 – $6,130
Net Monthly Cash Flow
−$443 /mo (−$5,314/yr)
Monthly rental income
Monthly ownership cost
Coverage
103%
Net /mo
−$443
DSCR
1.22
Est. Annual Revenue
$47,163/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$2,149 /mo (−$25,783/yr)
Monthly STR income
Monthly ownership cost
Coverage
80%
Net /mo
−$2,148
DSCR
0.76
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$587,500
+23% vs median
39 days
660
$175,000 – $7,995,000
$3,514
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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