433 1300, Salt Lake City, UT 84102
15BD/—BA Residential in Salt Lake City, UT 84102. 9,334 sqft. Built 1909. Listed at $2,200,000. MLS #2169802.
15BD/—BA Residential in Salt Lake City, UT 84102. 9,334 sqft. Built 1909. Listed at $2,200,000. MLS #2169802.
JUST STEPS to the University of Utah in this highly desirable location, Near Multiple Hospitals & TRAX transit to Downtown Salt Lake City ideal for students, urban professional plus others. 8 Unique Apartments in 2 buildings. Extremely Well Maintained, brimming with timeless charm, offering a smart investment potential of both location & consistent HIGH tenant demand. Comfortable floor plans; 1, 2 & 3 bedroom apartments-above average sized units. 13 Off-street parking spaces, Updates include: newer roof, newer double pane windows, newer appliances & countertops, main water line to street replaced. Onsite coin-op laundry providing additional income. Current Rents are below market, GREAT POTENTIAL to increase income. All information is deemed reliable, but not guaranteed. Buyer responsible to verify all listing information to Buyers satisfaction including Square footage obtained from SL County Record & provided as a courtesy estimate.
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 2
Subdivision
PLAT F
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Cedar
Lot Size
0.25 sq ft
Condition
Blt./Standing
MLS #
2169802
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 2
Subdivision
PLAT F
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Cedar
Lot Size
0.25 sq ft
Condition
Blt./Standing
MLS #
2169802
List Price
$2,200,000
Annual Taxes
$9,580
Home Warranty
No
List Price
$2,200,000
Annual Taxes
$9,580
Home Warranty
No
Heating
Electric,Gas: Central,Wall Furnace
Roof
Asphalt
Flooring
Carpet,Tile
Materials
Brick,Cedar
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Electric,Gas: Central,Wall Furnace
Roof
Asphalt
Flooring
Carpet,Tile
Materials
Brick,Cedar
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
0
Total Parking
13
Covered Spaces
0
Total Parking
13
Why this is a deal
Classification
Strong Cash FlowDeal Score
90/100
vs Similar Homes
19% above
vs Market Median
16% above
Area Growth (YoY)
-1.2%
Deal Score Breakdown
90/100 · 1 qualifying signal
LT net cashflow +$5,188/mo (+35.1% return on ownership cost) · STR net cashflow -$7,969/mo (-53.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 19% above the median of similar listings
Priced 16% above the per-subtype city median
-1.2% 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
$22,685/mo
Range: $18,019 – $27,352
Net Monthly Cash Flow
+$5,188 /mo (+$62,254/yr)
Monthly rental income
Monthly ownership cost
Coverage
154%
Net /mo
+$5,188
DSCR
1.81
Est. Annual Revenue
$116,672/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$7,969 /mo (−$95,622/yr)
Monthly STR income
Monthly ownership cost
Coverage
66%
Net /mo
−$7,969
DSCR
0.62
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$585,000
+276% vs median
39 days
659
$175,000 – $7,995,000
$9,580
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.
Select agents you’d like to hear from. They’ll be notified of your interest — your contact details stay private until you choose to respond.

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Daryn Edmunds - High Road Properties

Devin Tanner - Utah Realtor
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Built with AI to help you find your perfect home
Powered by AI • Secured by Supabase • Trusted by Agents