ActiveResidential · sale

623 S 1000 E

Salt Lake City, UT 84102

$689,999

  • 2 beds
  • 2 baths
  • 1,952 sq ft
  • 0.17 acres
  • Built 1940

Listed by K Real Estate · MLS #2182007

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623 S 1000 E, Salt Lake City, UT 84102 · MLS #2182007

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1940.

Garage parking

1 garage spaces listed.

Property size

0.17 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Modern-Industrial Style Meets 1940s Charm in East Central Offered at $690,001 - and worth every dollar. This one is anything but ordinary. Located in the heart of East Central, this 1940s bungalow combines original character with thoughtful modern-industrial updates and major improvements where they matter most. With 1,952 square feet of living space, a partially finished basement, garage with workshop space, two bedrooms, and a flexible den, the home offers a surprisingly versatile layout. Floor-to-ceiling windows fill the main living area with natural light while showcasing incredible sunset views stretching from downtown Salt Lake City to Point of the Mountain. Inside, the design is bold, clean, and intentional. Black concrete floors are paired with sophisticated color blocking and a beautifully remodeled kitchen featuring waterfall-edge concrete countertops, white and quarter-sawn oak cabinetry, custom floating concrete shelves, and high-end appliances. Updated bathrooms carry the modern aesthetic throughout the home. And while the finishes get your attention, what has been done behind the walls may be even more important. Every inch of the electrical and plumbing has been updated, along with a tankless water heater, water softener, and whole-home filtration system. There is even plenty of electrical capacity for a future hot tub, pool, or additional garage needs. Is it overkill? Maybe. But when you're buying a 1940s home, it's the kind of overkill you'll appreciate. The home sits on a 0.17-acre lot with a private backyard ready for whatever you envision next. The thoughtfully designed front yard offers attractive, low-maintenance landscaping, while a new lifetime metal roof provides durability and long-term peace of mind. The location is another standout. Walk to the University of Utah for a college football game or to nearby Judge Memorial for high school football. You're also surrounded by some of the area's well-known private schools and approximately a ten-minute walk from the restaurants, shops, and neighborhood favorites of 9th & 9th, with convenient freeway access nearby. 1940s charm, modern-industrial design, major system upgrades, incredible views, and one of Salt Lake City's most desirable locations. This is East Central living with a personality all its own. Square footage figures are provided as a courtesy estimate only and were obtained from recent appraisal . Buyer is advised to obtain an independent measurement.

THE NEIGHBORHOOD

Explore the location.

623 S 1000 E, Salt Lake City, UT 84102

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LOCAL MARKET CONTEXT

Salt Lake County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$553,785Up 3.3% vs. the previous 12 months
Months of supply3.412-month average
Days on market5712-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1940
Full baths
2
Garage spaces
1
Cooling
Central Air
Heating
>= 95% efficiency
Appliances
Dryer,Freezer,Refrigerator,Washer
Flooring
Concrete
Utilities
Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
Pool
No
Spa
No
Subdivision
PLAT F
Zoning
Single-Family
Parcel
16-05-456-008
Elementary school
Bennion (M Lynn)
Middle school
Bryant
High school
East
Annual property tax
$3,016.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$1,828.08
Estimated monthly rent$2,875.00
Cap rate3.43%

Annual operating income: $23,662.00

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #2182007 · Utah Real Estate MLS

Listing brokerage: K Real Estate
Listing agent: Jenn Kikel-Lynn

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. 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.