24 LOUISE, South Salt Lake, UT 84115
4BD/—BA Residential in South Salt Lake, UT 84115. 1,564 sqft. Built 1952. Listed at $429,000. MLS #2151035.
4BD/—BA Residential in South Salt Lake, UT 84115. 1,564 sqft. Built 1952. Listed at $429,000. MLS #2151035.
Incredible opportunity in South Salt Lake with built-in income potential. This spacious home features a fully equipped basement kitchen with a private walkout entrance. Perfect for multigenerational living, a mother-in-law suite, or a rental unit to offset your mortgage. Investors and house hackers take note. The property boasts an oversized 2-car garage plus parking for 4 additional vehicles, a rare find in the valley and a massive bonus for anyone needing extra space for cars, trailers, or equipment. Great layout, and priced to reflect cosmetic updates needed, giving the right buyer instant equity opportunity in a market where move-in ready homes leave nothing on the table. Whether you're an investor looking for cash flow, a buyer looking to live for free, or a family needing separate living spaces under one roof . This property checks the box. Located in South Salt Lake with easy access to I-15, downtown Salt Lake City, shopping, dining, and everything the valley has to offer. Opportunities like this don't last. Schedule your showing today.
Property Type
Residential
Property Style
Recreational
Architectural Style
Bungalow/Cottage
Stories
2
County
Salt Lake
Zoning
Single-Family
Construction
Aluminum
Lot Size
0.13 sq ft
Above Grade Area
784 sq ft
Condition
Blt./Standing
MLS #
2151035
Property Type
Residential
Property Style
Recreational
Architectural Style
Bungalow/Cottage
Stories
2
County
Salt Lake
Zoning
Single-Family
Construction
Aluminum
Lot Size
0.13 sq ft
Above Grade Area
784 sq ft
Condition
Blt./Standing
MLS #
2151035
List Price
$429,000
Annual Taxes
$2,140
Home Warranty
No
List Price
$429,000
Annual Taxes
$2,140
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood
Basement
Full
Materials
Aluminum
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood
Basement
Full
Materials
Aluminum
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
2
Covered Spaces
4
Total Parking
10
Garage Spaces
2
Covered Spaces
4
Total Parking
10
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
92/100
vs Market Median
22% below
Area Growth (YoY)
1.2%
Deal Score Breakdown
92/100 · 1 qualifying signal
Priced 22% below the per-subtype city median
1.2% year-over-year ZHVI growth in this area
STR net cashflow -$646/mo (-22.4% 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
Not enough comparable listings
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
Est. Annual Revenue
$38,444/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$644 /mo (−$7,733/yr)
Monthly STR income
Monthly ownership cost
Coverage
111%
Net /mo
−$646
DSCR
1.05
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$472,340
-9% vs median
64 days
33
$190,700 – $715,000
$2,140
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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