2233 500, Salt Lake City, UT 84106
3BD/—BA Residential in Salt Lake City, UT 84106. 1,799 sqft. Built 2001. Listed at $497,500. MLS #2168405.
3BD/—BA Residential in Salt Lake City, UT 84106. 1,799 sqft. Built 2001. Listed at $497,500. MLS #2168405.
Architecturally stunning open-concept townhome in the highly desirable Sugar House neighborhood. This elegant, move-in-ready 3-bedroom, 2-bath home offers 1,799 square feet and is one of the larger premium units in this gated community. Soaring vaulted ceilings and dramatic sight lines lead to a striking third-story skylight, filling the home with natural light and creating an impressive sense of space. The beautiful contemporary kitchen features stainless steel appliances and flows seamlessly into the dining and living areas, making it ideal for everyday living and entertaining. A cozy gas fireplace anchors the inviting main living space. Brand-new designer paint and updates, epoxy-finished garage floors, and meticulous care throughout make this home truly stand out. The spacious primary suite features a walk-in closet and en-suite bath with a relaxing jetted soaking tub. A versatile loft provides the perfect space for a home office, den, or additional living area, while a large storage closet adds valuable bonus space. Step outside to your private landscaped backyard retreat, where mature trees provide welcome shade and a peaceful setting for relaxing or entertaining. Tucked away in a quiet location just one block from the S-Line TRAX station and the Greenway trail, you are within walking distance of Sugar House's best restaurants, grocery stores, and parks. With quick access to I-80 and I-15, downtown Salt Lake City, the University of Utah, the airport, and the canyons are all just minutes away.
Property Type
Residential
Property Style
Condominium
Architectural Style
Townhouse; Row-mid
Stories
3
Subdivision
OLD MILL COURT
County
Salt Lake
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,799 sq ft
Condition
Blt./Standing
MLS #
2168405
Property Type
Residential
Property Style
Condominium
Architectural Style
Townhouse; Row-mid
Stories
3
Subdivision
OLD MILL COURT
County
Salt Lake
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,799 sq ft
Condition
Blt./Standing
MLS #
2168405
List Price
$497,500
HOA Fees
$290 / Monthly
Annual Taxes
$2,455
Home Warranty
No
List Price
$497,500
HOA Fees
$290 / Monthly
Annual Taxes
$2,455
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
None
Materials
Brick,Stucco
Appliances
Ceiling Fan,Dryer,Gas Grill/BBQ,Microwave,Refrigerator,Washer
Patio & Porch
Patio: Open
Water Source
Culinary,Irrigation
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
None
Materials
Brick,Stucco
Appliances
Ceiling Fan,Dryer,Gas Grill/BBQ,Microwave,Refrigerator,Washer
Patio & Porch
Patio: Open
Water Source
Culinary,Irrigation
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Classification
Standard
Deal Score
10/100
vs Similar Homes
9% above
vs Market Median
23% above
Area Growth (YoY)
0.5%
Deal Score Breakdown
10/100
LT net cashflow -$464/mo (-12.7% return on ownership cost) · STR net cashflow -$1,533/mo (-41.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 9% above the median of similar listings
Priced 23% above the per-subtype city median
0.5% 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.
Monthly Rent
$3,627/mo
Range: $2,811 – $4,443
Net Monthly Cash Flow
−$463 /mo (−$5,559/yr)
Monthly rental income
Monthly ownership cost
Coverage
99%
Net /mo
−$464
DSCR
1.28
Est. Annual Revenue
$36,389/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$1,534 /mo (−$18,406/yr)
Monthly STR income
Monthly ownership cost
Coverage
83%
Net /mo
−$1,533
DSCR
0.85
Elementary
Nibley ParkMiddle School
BryantHigh School
HighlandSchool District
Salt Lake
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$587,500
-15% vs median
39 days
660
$175,000 – $7,995,000
$2,455
$290/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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