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231 S EDISON E ST, Salt Lake City, UT — photo 11 / 41

$1,050,000

231 S EDISON E ST, Salt Lake City, UT 84111

Type

Condo

List Price

$1.05M

Price/Sqft

$638

Est Gross Yield

2.2%

$22,584/yr est.

Property Details

Property typeCondo
Year built1899
Total units1
Living area1,645 sqft
Bedrooms2
Bathrooms2
Lot size0.01 acres
Parking1 spaces
Days on market360
Listed2025-10-03T00:00:00+00:00

Description

PRICE IMPROVEMENT! Welcome to your ownNew Yorkinspired urban sanctuary-a rare, architecturally stunning downtown condo with large roof top deck that captures the essence ofmodern city livingin the heart of Salt Lake. Recently renovated in 2024. This one-of-a-kind, luxury loft is unlike anything else in the city-boasting a bold, open layout that's both visually striking and functionally smart. Spanningthree dramatic levels, this industrial-chic space is packed with design-forward features:exposed brick, original wood beams, and soaring 22' ceilings(stretching up to 32' as the staircase winds through the levels). Massive9x9 city-facing windowsflood the space with natural light and serve up stunning views of the vibrant downtown streetscape below. The main floor is made for entertaining, with asleek kitchen, open-concept living/dining area, and a convenient guest bath. Upstairs, a mezzanine flex space makes the perfectsecond bedroom, home office, or creative studio, while the third level offers a spacious and privateprimary suite, full bath, and laundry. Top it all off with your very own400 sq ft rooftop deck-wired and ready for a hot tub, or simply a dreamy spot to unwind with friends, cocktails, and sunsets. Perfectly situated in a quiet alley between 200 and 300 South, you're steps from the best of Salt Lake's nightlife, food, theaters and more. Plus you're minutes aways from shopping, a full-service grocery store, gym, convention center and everything else downtown has to offer. Don't forget just a quick drive toworld-class ski resortsandendless outdoor recreation-from mountain trails to powder days, it's all within reach. Zoned D1, possibly allows for short-term rentals, this unit presents a compelling opportunity-whether you're seeking a high-end investment property or a personal downtown retreat. This isurban living redefined: bold design, unbeatable location, and unmatched downtown energy. Don't miss your shot to own this truly rare, luxury boutique loft in the heart of it all.

Listed by Melany White-Flory · Coldwell Banker Realty (Salt Lake-Sugar House)

Location

231 S EDISON E ST, Salt Lake City, UT 84111

Proforma

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Cap Rate

1.43%

Cash-on-Cash

-8.66%

Cash Flow

-$2,840/mo

Purchase Price$1,050,000
Down Payment35% ($367,500)
Interest Rate6.00%
Monthly Rent$1,882/mo
Vacancy5%
Expense Ratio30% ($6,436)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/28/2026, 11:05:28 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.