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301 W AZURE SKY N LN photo 11 / 20

$520,000

Reduced from $530,000 · 3 days ago

301 W AZURE SKY N LN, Salt Lake City, UT 84103

Type

Townhouse

List Price

$520,000

Price/Sqft

$457

Est Gross Yield

4.3%

$22,524/yr est.

Property Details

Property typeTownhouse
Year built2024
Total units1
Living area1,139 sqft
Bedrooms2
Bathrooms2
Lot size0.01 acres
Parking2 spaces
Days on market116
Listed2026-02-23T00:00:00+00:00

Description

Newly created MU5 zoning which allows Short Term Rentals. Welcome to this stunning townhome in the heart of Salt Lake's beloved Marmalade District-where modern style, thoughtful design, and an unbeatable location come together beautifully. Featuring 2 bedrooms, 2 bathrooms, and upscale finishes throughout, this home showcases the quality craftsmanship and energy efficiency Garbett Homes is known for. Step outside and enjoy one of Salt Lake City's most vibrant neighborhoods, with easy access to downtown dining, entertainment, coffee shops, parks, and cultural landmarks-all while tucked into the charm and character that make Marmalade so special. Whether you're looking for a stylish primary residence, an urban retreat, or a flexible investment opportunity, this home offers the rare advantage of allowing short-term rentals. A beautiful home in an incredible location-with versatility that's hard to find. Square footage figures are provided as a courtesy estimate only and were obtained from builder's plans. Buyer is advised to obtain an independent measurement.

Listed by Raquel Taylor · The Agency Salt Lake City

Location

301 W AZURE SKY N LN, Salt Lake City, UT 84103

Proforma

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Cap Rate

2.88%

Cash-on-Cash

-4.79%

Cash Flow

-$778/mo

Purchase Price$520,000
Down Payment35% ($182,000)
Interest Rate6.00%
Monthly Rent$1,877/mo
Vacancy5%
Expense Ratio30% ($6,419)

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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 6/19/2026, 7:34:42 AM. 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.