163 SOUTHGATE, South Salt Lake, UT 84115
3BD/—BA Residential in South Salt Lake, UT 84115. 885 sqft. Built 1952. Listed at $409,900. MLS #2129312.
3BD/—BA Residential in South Salt Lake, UT 84115. 885 sqft. Built 1952. Listed at $409,900. MLS #2129312.
$409,900
Originally listed at $414,900
Don't miss this incredible opportunity for a charming and affordable 3 bedroom, 1 bath home tucked away in a super convenient South Salt Lake neighborhood. This single level home is move-in ready with many major upgrades which include a NEW ROOF, new vinyl windows, new central A/C, and fresh carpet and paint just to name a few. You will love the versatility of the huge backyard shed which would make a great kids playhouse, workshop, or just tons of storage! This is a south facing home with a deep, spacious, fully fenced lot. Set up your easy showing today!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
Subdivision
TEN AC PLAT A
County
Salt Lake
Construction
Cinder Block
Lot Size
0.13 sq ft
Above Grade Area
885 sq ft
Condition
Blt./Standing
MLS #
2129312
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
Subdivision
TEN AC PLAT A
County
Salt Lake
Construction
Cinder Block
Lot Size
0.13 sq ft
Above Grade Area
885 sq ft
Condition
Blt./Standing
MLS #
2129312
List Price
$409,900
Original Price
$414,900
Annual Taxes
$1,965
Home Warranty
No
List Price
$409,900
Original Price
$414,900
Annual Taxes
$1,965
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Cinder Block
Appliances
Dryer,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Cinder Block
Appliances
Dryer,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
1
Total Parking
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
85/100
vs Similar Homes
20% below
vs Market Median
8% above
Price Reduced
1.2%
Area Growth (YoY)
0.9%
Deal Score Breakdown
85/100 · 1 qualifying signal
Priced 20% below the median of similar listings
Priced 8% above the per-subtype city median
1% price reduction from original list — seller may be motivated
0.9% year-over-year ZHVI growth in this area
LT net cashflow -$1,330/mo (-47.8% return on ownership cost) · STR net cashflow -$1,365/mo (-49.0% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$1,654/mo
Range: $1,111 – $2,197
Net Monthly Cash Flow
−$1,329 /mo (−$15,949/yr)
Monthly rental income
Monthly ownership cost
Coverage
59%
Net /mo
−$1,330
DSCR
0.70
Est. Annual Revenue
$24,349/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,365 /mo (−$16,380/yr)
Monthly STR income
Monthly ownership cost
Coverage
73%
Net /mo
−$1,365
DSCR
0.68
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$472,340
-13% vs median
64 days
35
$190,700 – $715,000
$1,965
High Crime
29.1
per 1,000
89.6
per 1,000
61.5
per 1,000
180.2
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

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

Devin Tanner - Utah Realtor
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