480 N 300 W Salt Lake City, UT 84103
Capitol Hill NeighborhoodEstimated payment $5,302/month
Total Views
59,420
6
Beds
3
Baths
3,551
Sq Ft
$253
Price per Sq Ft
Highlights
- No HOA
- Bungalow
- No Heating
- West High Rated A
- 4 Car Garage
- 1-minute walk to Pugsley Ouray Park
About This Home
Three-unit property located in the heart of the Marmalade district, across the street from the library. It is in a prime location a few blocks from downtown, the freeway on-ramp, and the university. This re-emerging community lends to walkability with various points of interest such as The Delta Center, Ace Hardware, coffee shops, restaurants, and schools. The Marmalade Plaza redevelopment project, across the street, will be a great place for you or your tenants to walk dogs or a take a casual stroll. Close to the new 300 west walkable corridor that could boost property values in the area. With full tenant occupancy until June, this turnkey property can produce a profit, or the primary resident can offset mortgage payments with rent. Under new Fannie Mae guidelines, multi units only require X down payment. All units have their own washer and dryer. A new tankless water heater and generator as well as all electrical updated. Separate electrical box for top and bottom unit. The 1,100 sq. ft. garage is a key feature of the property. The garage has the option of subdividing for storage for each unit and increase rents. Or if the city will allow, a fourth unit could be constructed adding more rental income. Great opportunity to start your investment portfolio!
Listing Agent
Whitney Lyle
Equity Real Estate (Solid) License #13427238 Listed on: 04/18/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,987
Year Built
- Built in 1906
Lot Details
- 5,227 Sq Ft Lot
- Zoning described as 1205
Parking
- 4 Car Garage
Home Design
- Bungalow
Interior Spaces
- 3,551 Sq Ft Home
- 3-Story Property
- Exterior Basement Entry
Bedrooms and Bathrooms
- 6 Bedrooms | 3 Main Level Bedrooms
- 3 Full Bathrooms
Additional Homes
- Accessory Dwelling Unit (ADU)
Schools
- Washington Elementary School
- Bryant Middle School
- West High School
Utilities
- No Cooling
- No Heating
Community Details
- No Home Owners Association
- Plat A Subdivision
Listing and Financial Details
- Assessor Parcel Number 08-36-254-001
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $3,987 | $635,500 | $91,900 | $543,600 |
| 2022 | $2,325 | $401,100 | $90,100 | $311,000 |
| 2021 | $2,071 | $323,600 | $74,000 | $249,600 |
| 2020 | $2,014 | $299,500 | $66,100 | $233,400 |
| 2019 | $2,081 | $291,200 | $64,000 | $227,200 |
| 2018 | $2,240 | $305,200 | $64,000 | $241,200 |
| 2017 | $2,300 | $293,500 | $64,000 | $229,500 |
| 2016 | $2,368 | $287,000 | $53,800 | $233,200 |
| 2015 | $1,310 | $150,500 | $55,400 | $95,100 |
| 2014 | $1,209 | $137,800 | $54,400 | $83,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Price Changed | $899,900 | -3.4% | $253 / Sq Ft |
| 04/18/2025 04/18/25 | For Sale | $932,000 | -- | $262 / Sq Ft |
Source: UtahRealEstate.com
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Title West | |
| Warranty Deed | -- | First American Title | |
| Interfamily Deed Transfer | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $216,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Salt Lake City, UT
Source: UtahRealEstate.com
MLS Number: 2078615
APN: 08-36-254-001-0000
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