523 GRANT, Salt Lake City, UT 84116
3BD/—BA Residential in Salt Lake City, UT 84116. 1,352 sqft. Built 1939. Listed at $409,000. MLS #2173269.
3BD/—BA Residential in Salt Lake City, UT 84116. 1,352 sqft. Built 1939. Listed at $409,000. MLS #2173269.
Charming home in downtown Salt Lake on quiet dead-end street. Walking distance to the Jackson Park. Lot size = 0.20 .... Room to add future 2 car garage. Large kitchen w/ lots of cabinets. Original living room hardwood floors. Title and laminate flooring throughout. Wood stove in basement helps keep the home warm and cozy when entertaining quests. Backyard has great potential for an ADU/ garage/ storage sheds. Square footage per county record. Home sold in as-is condition. Buyer to verify all information.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
WILKES SUB
County
Salt Lake
Zoning
Single-Family
Construction
Aluminum
Lot Size
0.2 sq ft
Above Grade Area
676 sq ft
Condition
Blt./Standing
MLS #
2173269
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
WILKES SUB
County
Salt Lake
Zoning
Single-Family
Construction
Aluminum
Lot Size
0.2 sq ft
Above Grade Area
676 sq ft
Condition
Blt./Standing
MLS #
2173269
List Price
$409,000
Annual Taxes
$1,778
Home Warranty
No
List Price
$409,000
Annual Taxes
$1,778
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Window Unit(s)
Roof
Asphalt
Flooring
Hardwood,Linoleum,Tile
Basement
Full
Materials
Aluminum
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Window Unit(s)
Roof
Asphalt
Flooring
Hardwood,Linoleum,Tile
Basement
Full
Materials
Aluminum
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
0
Total Parking
2
Covered Spaces
0
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
77/100
vs Similar Homes
6% below
vs Market Median
13% below
Area Growth (YoY)
4.0%
Deal Score Breakdown
77/100 · 2 qualifying signals
Priced 13% below the per-subtype city median
Priced 6% below the median of similar listings
4.0% year-over-year ZHVI growth in this area
LT net cashflow -$772/mo (-27.6% return on ownership cost) · STR net cashflow -$1,926/mo (-68.9% 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.
Why this classification
Monthly Rent
$2,301/mo
Range: $1,432 – $3,169
Net Monthly Cash Flow
−$771 /mo (−$9,254/yr)
Monthly rental income
Monthly ownership cost
Coverage
82%
Net /mo
−$772
DSCR
0.96
Est. Annual Revenue
$14,910/yr
$155/night · 54% occupancy · $59/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$1,927 /mo (−$23,120/yr)
Monthly STR income
Monthly ownership cost
Coverage
44%
Net /mo
−$1,926
DSCR
0.41
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$587,500
-30% vs median
41 days
744
$11,000 – $7,995,000
$1,778
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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