809 500, Salt Lake City, UT 84116
3BD/—BA Residential in Salt Lake City, UT 84116. 1,812 sqft. Built 1941. Listed at $400,000. MLS #2173434.
3BD/—BA Residential in Salt Lake City, UT 84116. 1,812 sqft. Built 1941. Listed at $400,000. MLS #2173434.
This 3-bedroom, 1.5-bathroom brick home offers classic character and a fantastic layout ready for your personal updates. The main floor features an inviting front room, a quaint kitchen, and comfortable bedrooms. Downstairs, you will find a spacious family room that offers excellent bonus living space. The exterior includes a well-kept yard and a detached garage with a handy workshop area.. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Other
Lot Size
0.13 sq ft
Above Grade Area
906 sq ft
Condition
Blt./Standing
MLS #
2173434
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Other
Lot Size
0.13 sq ft
Above Grade Area
906 sq ft
Condition
Blt./Standing
MLS #
2173434
List Price
$400,000
Annual Taxes
$1,900
Home Warranty
No
List Price
$400,000
Annual Taxes
$1,900
Home Warranty
No
Heating
Gas: Central
Roof
Asphalt
Flooring
Carpet,Hardwood,Laminate
Basement
Full
Materials
Brick,Other
Appliances
Ceiling Fan,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Heating
Gas: Central
Roof
Asphalt
Flooring
Carpet,Hardwood,Laminate
Basement
Full
Materials
Brick,Other
Appliances
Ceiling Fan,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Garage Spaces
1
Covered Spaces
1
Total Parking
5
Garage Spaces
1
Covered Spaces
1
Total Parking
5
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
92/100
vs Similar Homes
2% below
vs Market Median
20% below
Area Growth (YoY)
4.0%
Deal Score Breakdown
92/100 · 1 qualifying signal
Priced 20% below the per-subtype city median
Priced 2% below the median of similar listings
4.0% year-over-year ZHVI growth in this area
LT net cashflow -$35/mo (-1.3% return on ownership cost) · STR net cashflow -$1,711/mo (-62.3% 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
$3,083/mo
Range: $1,920 – $4,247
Net Monthly Cash Flow
−$35 /mo (−$421/yr)
Monthly rental income
Monthly ownership cost
Coverage
112%
Net /mo
−$35
DSCR
1.32
Est. Annual Revenue
$17,774/yr
$155/night · 54% occupancy · $59/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$1,712 /mo (−$20,543/yr)
Monthly STR income
Monthly ownership cost
Coverage
54%
Net /mo
−$1,711
DSCR
0.50
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$587,500
-32% vs median
41 days
744
$11,000 – $7,995,000
$1,900
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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