343 SCOTT, South Salt Lake, UT 84115
4BD/—BA Residential in South Salt Lake, UT 84115. 2,052 sqft. Built 1965. Listed at $625,000. MLS #2161815.
4BD/—BA Residential in South Salt Lake, UT 84115. 2,052 sqft. Built 1965. Listed at $625,000. MLS #2161815.
Outstanding South Salt Lake investment opportunity! This beautifully updated split-level home offers exceptional flexibility for owner-occupants, investors, house hackers, multi-generational living, or short-term rental opportunities. Designed with privacy and functionality in mind, each level features 2 bedrooms, a full kitchen, a full bathroom, laundry, and a spacious living/family room, making it ideal for extended family, guests, or income-producing potential. Recent updates include remodeled kitchens and bathrooms, durable luxury vinyl plank (LVP) flooring throughout, new window shades, and a new roof installed in 2023. The bright, open floor plan provides comfortable everyday living with modern finishes and abundant natural light. Conveniently located in the heart of South Salt Lake, you'll enjoy quick access to downtown Salt Lake City, I-15, I-80, shopping, restaurants, parks, schools, public transportation, and recreation. Whether you're searching for a move-in-ready home with flexible living space or a property with excellent rental potential, this versatile home is a rare opportunity with endless possibilities.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Split-Entry/Bi-Level
Stories
2
Subdivision
SCOTTSVILLE SUB
County
Salt Lake
Zoning
Single-Family, Short Term Rental Allowed
Construction
Brick
Lot Size
0.14 sq ft
Above Grade Area
1,116 sq ft
Condition
Blt./Standing
MLS #
2161815
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Split-Entry/Bi-Level
Stories
2
Subdivision
SCOTTSVILLE SUB
County
Salt Lake
Zoning
Single-Family, Short Term Rental Allowed
Construction
Brick
Lot Size
0.14 sq ft
Above Grade Area
1,116 sq ft
Condition
Blt./Standing
MLS #
2161815
List Price
$625,000
Annual Taxes
$3,400
Home Warranty
No
List Price
$625,000
Annual Taxes
$3,400
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Basement
Entrance,Walk-Out Access
Materials
Brick
Appliances
Ceiling Fan,Microwave,Refrigerator
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Basement
Entrance,Walk-Out Access
Materials
Brick
Appliances
Ceiling Fan,Microwave,Refrigerator
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
1
Covered Spaces
1
Total Parking
4
Garage Spaces
1
Covered Spaces
1
Total Parking
4
Classification
Standard
Deal Score
50/100
vs Similar Homes
1% below
vs Market Median
1% above
Area Growth (YoY)
1.6%
Deal Score Breakdown
50/100
Priced 1% below the median of similar listings
LT net cashflow -$83/mo (-2.0% return on ownership cost) · STR net cashflow -$1,677/mo (-39.4% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 1% above the per-subtype city median
1.6% 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
$4,740/mo
Range: $4,204 – $5,275
Net Monthly Cash Flow
−$83 /mo (−$996/yr)
Monthly rental income
Monthly ownership cost
Coverage
111%
Net /mo
−$83
DSCR
1.33
Est. Annual Revenue
$44,181/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$1,678 /mo (−$20,139/yr)
Monthly STR income
Monthly ownership cost
Coverage
87%
Net /mo
−$1,677
DSCR
0.82
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$466,000
+34% vs median
48 days
44
$175,000 – $799,900
$3,400
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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