527 200, Salt Lake City, UT 84103
3BD/—BA Residential in Salt Lake City, UT 84103. 2,004 sqft. Built 1912. Listed at $415,000. MLS #2174054.
3BD/—BA Residential in Salt Lake City, UT 84103. 2,004 sqft. Built 1912. Listed at $415,000. MLS #2174054.
Sat, Aug 1, 12:30 PM - 2:30 PM
Sun, Aug 2, 11:00 AM - 1:00 PM
***Multiple offers have been received. Please submit all highest and best offers by August 2, 2026, at 6:00 PM.*** Charming bungalow in one of Salt Lake City's historic neighborhoods, just minutes from Downtown, the Utah State Capitol, restaurants, shopping, and freeway access. This 3-bedroom, 1-bath home blends timeless character with warm hardwood floors, a cozy original fireplace, and abundant natural light. The spacious back deck is perfect for entertaining, complete with built-in benches and plenty of room for outdoor dining. The front bedroom features a unique glass door that opens to the front yard, offering flexibility as a home office, creative studio, or private entrance. Situated in what is arguably one of the best locations in Downtown Salt Lake City, this home offers incredible potential to build equity through cosmetic updates or future improvements while preserving its historic charm. Whether you're looking for a primary residence, an investment opportunity, or fix and flip opportunity, this home is full of possibilities. (Investors welcome!)
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
PLAT A
County
Salt Lake
Zoning
Single-Family, Multi-Family
Construction
Stucco
Lot Size
0.12 sq ft
Above Grade Area
1,336 sq ft
Condition
Blt./Standing
MLS #
2174054
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
PLAT A
County
Salt Lake
Zoning
Single-Family, Multi-Family
Construction
Stucco
Lot Size
0.12 sq ft
Above Grade Area
1,336 sq ft
Condition
Blt./Standing
MLS #
2174054
List Price
$415,000
Annual Taxes
$2,815
Home Warranty
Yes
List Price
$415,000
Annual Taxes
$2,815
Home Warranty
Yes
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood
Basement
Partial
Materials
Stucco
Appliances
Microwave
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood
Basement
Partial
Materials
Stucco
Appliances
Microwave
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
100/100
vs Similar Homes
5% below
vs Market Median
32% below
Area Growth (YoY)
-1.1%
Deal Score Breakdown
100/100 · 1 qualifying signal
Priced 32% below the per-subtype city median
Priced 5% below the median of similar listings
LT net cashflow -$301/mo (-10.3% return on ownership cost) · STR net cashflow -$1,820/mo (-62.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
-1.1% 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
$2,977/mo
Range: $630 – $5,325
Net Monthly Cash Flow
−$301 /mo (−$3,617/yr)
Monthly rental income
Monthly ownership cost
Coverage
102%
Net /mo
−$301
DSCR
1.23
Est. Annual Revenue
$18,881/yr
$155/night · 54% occupancy · $59/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$1,820 /mo (−$21,840/yr)
Monthly STR income
Monthly ownership cost
Coverage
54%
Net /mo
−$1,820
DSCR
0.52
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$587,500
-29% vs median
41 days
744
$11,000 – $7,995,000
$2,815
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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