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550 N 200 W, Salt Lake City, UT 84103
$775,000
550 N 200 W, Salt Lake City, UT 84103
Type
SFR
List Price
$775,000
Price/Sqft
$400
Est Gross Yield
5.6%
$43,452/yr est.
Property Details
Description
Whether you're looking to offset your mortgage, grow your investment portfolio, or live in one of Salt Lake's most beloved neighborhoods, this Marmalade property offers the flexibility to do it all. Located just minutes from downtown, City Creek Canyon, and I-15, you'll enjoy one of Salt Lake's most walkable lifestyles with neighborhood coffee shops, restaurants, parks, and local favorites just around the corner. The home's versatile layout creates multiple opportunities. Continue renting the upstairs unit while placing a new tenant in the basement, owner occupy one level while generating rental income from the other, or take advantage of Salt Lake City's 30+ day rental policy to create a mid-term rental. With quick access to downtown employers, nearby hospitals, and the airport, it's an ideal location for an investment property. The home has been thoughtfully maintained with many of the major systems already updated, including a new roof, furnace, and water heater, all replaced within the last three years. The upstairs primary bathroom was beautifully remodeled in 2023, while two separate A/C units keep both levels comfortable throughout the summer. The air conditioning system was professionally serviced in June and is operating properly, giving buyers added peace of mind. A spacious two-car garage provides plenty of room for parking and additional storage. Outside, mature trees and thoughtfully designed water-wise landscaping create a beautiful outdoor setting that's both low maintenance and inviting. The expansive deck and stone patio are perfect for summer barbecues, entertaining friends, or enjoying a quiet evening at home. Some of the listing photos are from when it was sold in July 2022. A minimum of 24 hours' notice is required for all showings after the open house. Please do not disturb the tenants.
Listed by Julia Maj · Summit Sotheby's International Realty
Location
550 N 200 W, Salt Lake City, UT 84103
Proforma
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Cap Rate
3.73%
Cash-on-Cash
-2.53%
Cash Flow
-$612/mo
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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 9/2/2026, 7:05:16 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.