- Exceptional Deal
- Price cut 10%
1228 IOLA AVE, Salt Lake City, UT 84104
$315,000
Originally listed at $350,000
Est. $1,918/mo
- Beds
- 3
- Baths
- 2
- Sq ft
- 1,782
- Built
- 1947
Why this home stands out
- Priced 31% below selected similar sold homes
- Priced 26% below AVM estimate
- 10% price reduction from original list
- $251/mo STR net cash flow (+11.1% return on spend)
About this home
Financing failed! Roof replaced 2022. New HVAC in last 5 years. Move-in ready 1-bedroom, 1.5-bath bungalow on a generous 0.18-acre lot in Poplar Grove - one of the larger lots you'll find this close to downtown. The primary bathroom has been fully renovated with new European glass and tile, opening onto a bright, flexible living space with hardwood floors that lives larger than its footprint suggests. There's also room to easily add a second bedroom upstairs for a buyer who wants separated living space. The home is wheelchair accessible with a ramp to the main rear entrance. Outside, the oversized, mature-tree-lined lot offers space to expand outdoor living, add parking, or explore future potential. A separate walkout basement, accessed from the back of the home, adds 2 flex rooms, bonus storage and untapped square footage for a buyer looking to invest in additional living space down the road. A rare chance to own a home with real room to grow, on a lot size that's tough to find this close to the city center. Seller offering 1/0 rate buydown with preferred lender - 5.51% first-year rate available. Contact agent for details. Preferred lender offering a lender credit equal to 1% of the buyer's loan amount toward closing costs. Contact agent for details.
Features
- Den/Office
- Range/Oven: Free Stdng.
- Patio: Covered
- Porch: Open
- Patio: Open
Agents
Connect with your buyer agent
Get local guidance on this home from Juston.
Salt Lake County Realtor | Smart Real Estate. Lasting Legacy.
20 yrs experience
Listed by Justin Udy
REALTY OF AMERICA LLC
MLS #2181526
Your message goes only to Juston.
See the deal analysis, value and rental income
Ask Juston how this home rates as a deal, what it should sell for, and what it could earn as a long-term or short-term rental.
- Deal score
- Estimated value
- Rental income
Schools
Salt Lake- Franklin
Elementary
- Bryant
Middle School
- East
High School
- Emerson School
K-8 School · 2.1 mi
58% proficient - Salt Lake Center for Science Education
High School · 2.2 mi
59% proficient - Salt Lake Arts Academy
K-8 School · 2.3 mi
56% proficient
Nearby
Recreation
85 / 100- Local Park · Alzheimer’s Wildlife Grove1640 ft
- Trailhead · 600 S (JRP)0.8 mi
- Golf Course · Roots Disc Golf Course2.0 mi
- Airport · Salt Lake City Intl Airport2.9 mi
Show 3 more
- State Park · Jordan River OHV State Park3.0 mi
- Boat Ramp · Great Salt Lake State Marina15 mi
- Ski Resort · Snowbird Ski and Summer Resort19 mi
Everyday needs
80 / 100- School · Franklin School1542 ft
- Restaurant · Leatherby's Family Creamery1.0 mi
- Fire Station · Salt Lake City Fire Station Number 61.0 mi
- Grocery · Food Market1.0 mi
Show 9 more
- Park · Utah Dog Park Airport1.1 mi
- Doctors · Erica N. Baiden1.1 mi
- EV Charging · ChargePoint Charging Station1.2 mi
- Cafe · Switchpoint Coffee Co.1.3 mi
- Pharmacy · SavOn Pharmacy1.6 mi
- Bank · Zions Bank1.6 mi
- Gas Station · 7-Eleven Fuel2.4 mi
- Hospital · Victoria Serpico4.8 mi
- Gym · Salt Lake Tennis & Health Club5.6 mi
Internet
Excellent · fiber · 100/100Utah Telecommunication Open Infrastructure Agency
Fiber · 10 Gbps
Google Fiber
Fiber · 8 Gbps
SenaWave
Fiber · 2.5 Gbps
All 14 providers
- Utah Telecommunication Open Infrastructure AgencyFiber10 Gbps10 Gbps
- Google FiberFiber8 Gbps8 Gbps
- SenaWaveFiber2.5 Gbps2.5 Gbps
- Quantum FiberFiber2 Gbps1 Gbps
- XfinityCable2 Gbps2 Gbps
- CenturyLinkFiber1 Gbps1 Gbps
- VerizonFixed Wireless1 Gbps75 Mbps
- StarlinkSatellite280 Mbps30 Mbps
- AT&TFixed Wireless100 Mbps20 Mbps
- CenturyLinkDSL100 Mbps10 Mbps
- HughesNetSatellite100 Mbps5 Mbps
- T-MobileFixed Wireless100 Mbps20 Mbps
- Utah BroadbandFixed Wireless100 Mbps25 Mbps
- Viasat IncSatellite100 Mbps3 Mbps
- Rise BroadbandFixed Wireless50 Mbps10 Mbps
- SenaWaveFixed Wireless30 Mbps15 Mbps
Home details
Property
- Type
- Residential
- Style
- Single Family Residence
- Architectural style
- Rambler/Ranch
- Year built
- 1947
- Stories
- 2
- Above grade area
- 1,071 sq ft
- Condition
- Blt./Standing
- Construction
- Aluminum
- Subdivision
- JORDAN PLACE
- County
- Salt Lake
- Zoning
- Single-Family
- MLS #
- 2181526
Costs
- List price
- $315,000
- Original price
- $350,000
- Annual taxes
- $1,580
- Home warranty
- No
Lot and parking
- Lot
- 7,841 sqft
- Lot features
- Fenced: Full,View: Mountain
- Covered spaces
- 0
- Total parking
- 0
Systems
- Heating
- Gas: Central
- Cooling
- Central Air
- Roof
- Asphalt
- Flooring
- Carpet,Hardwood,Laminate,Tile
- Basement
- Entrance,Full,Walk-Out Access
- Patio and porch
- Covered,Porch: Open,Patio: Open
- Water
- Culinary
- Sewer
- Sewer: Connected,Sewer: Public
- View
- Mountain(s)
All home details56 details
Property Info
- Property Type
- Residential
- Property Style
- Single Family Residence
- Architectural Style
- Rambler/Ranch
- Condition
- Blt./Standing
- MLS #
- 2181526
- County
- Salt Lake
- Subdivision
- JORDAN PLACE
- Year Built
- 1947
- New Construction
- No
- Stories
- 2
- Total Rooms
- 11
- Living Area
- 1,782 sq ft
- Above Grade Area
- 1,071 sq ft
- Lot Size (Acres)
- 0.18
- Lot Size
- 7,840.8 sq ft
- Zoning
- Single-Family
Bedrooms & Baths
- Bedrooms
- 3
- Total Bathrooms
- 2
- Full Baths
- 1
- ¾ Baths
- 1
Financial
- List Price
- $315,000
- Original Price
- $350,000
- HOA
- No
- Annual Taxes
- $1,580
- Home Warranty
- No
Structure
- Construction
- Aluminum
- Basement
- Entrance,Full,Walk-Out Access
- Roof
- Asphalt
- Flooring
- Carpet,Hardwood,Laminate,Tile
- Heating
- Gas: Central
- Cooling
- Central Air
- Patio & Porch
- Covered,Porch: Open,Patio: Open
Lot & Land
- Lot Features
- Fenced: Full,View: Mountain
- Topography
- Fenced: Full, View: Mountain
- View
- Mountain(s)
- Waterfront
- No
- Horse Property
- No
Parking
- Garage
- No
- Carport
- No
- Covered Spaces
- 0
- Total Parking
- 0
- ADU
- No
Amenities
- Fireplace
- No
- Pool
- No
- Spa/Hot Tub
- No
Utilities
- Water Source
- Culinary
- Sewer
- Sewer: Connected,Sewer: Public
- Utilities
- Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Schools
- Elementary
- Franklin
- Middle School
- Bryant
- High School
- East
- Elementary District
- Salt Lake
Timeline
- Listed
- Aug 27, 2026
- Days on Market
- 48
- Status
- Active
Media
- 3D Tour
- View 3D tour
Salt Lake City market
Explore Salt Lake CitySalt Lake City median
$548,900
This home: 43% below
Days to sell
54
Utah: 70
Homes for sale
801
Price range
$185k – $8M
Sale to list
98%
Market
Buyer's market
SafetyHigh Crime · 147.1 incidents per 1,000 residents · 217% above the Utah average
Safety rating 1.0 out of 10.
Violent
28.7
per 1,000 · national 3.6
Property
83.9
per 1,000 · national 17.6
vs Utah
+217%
46.4 per 1,000 statewide
vs Salt Lake
+118%
67.5 per 1,000 countywide
Society
34.5
per 1,000
Population 212,675 · 2024 reports · Local rates use NIBRS; national rates use FBI UCR index crimes, which count fewer offense types.
Location
JORDAN PLACE1228 IOLA AVE, Salt Lake City, UT 84104
Open in map searchCommon questions
About 1228 IOLA AVE, Salt Lake City, UtahWhat is the asking price for 1228 IOLA AVE, Salt Lake City?
1228 IOLA AVE, Salt Lake City is listed at $315,000 ($177/sqft). The original list price was $350,000, representing a reduction of $35,000. This listing is currently active and available for showings.
Is 1228 IOLA AVE, Salt Lake City a good deal?
Propaired's AI deal analysis classifies this property as a "Exceptional Deal" with a deal score of 100/100. Key deal signals: Priced 31% below selected similar sold homes; Priced 26% below AVM estimate; 10% price reduction from original list. The price is 31% below similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.
Is 1228 IOLA AVE, Salt Lake City a good investment property?
Based on market rental data, this property has an estimated annual rent of $26,224 with a gross rental yield of 8.3%. Net rental yield (after estimated expenses): 5.4%. Estimated debt service coverage ratio (DSCR): 1.13. Investor score: 65/100. These are estimates based on area comparables.
What lifestyle features does 1228 IOLA AVE, Salt Lake City offer?
Propaired's AI has identified 1 lifestyle feature for this property: Pet Friendly. The primary lifestyle niche is "standard_residential." These tags are derived from MLS data, property features, and location analysis.
What recreation is near 1228 IOLA AVE, Salt Lake City?
This property has a recreation score of 85/100. Nearby recreation includes: 600 S (JRP) trailhead (0.8 mi); Alzheimer’s Wildlife Grove park (0.3 mi); Roots Disc Golf Course (2.0 mi); Jordan River OHV State Park (3.0 mi). Skiing: Snowbird Ski and Summer Resort (19.5 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.
What amenities and services are near 1228 IOLA AVE, Salt Lake City?
This property has an amenity proximity score of 80/100. Nearby services include: Grocery: Food Market (1.0 mi); Hospital: Victoria Serpico (4.8 mi); Pharmacy: SavOn Pharmacy (1.6 mi); Dining: Leatherby's Family Creamery (1.0 mi). Gas station: 2.4 miles. Gym: Salt Lake Tennis & Health Club (5.6 mi).
All 8 questions
What schools serve 1228 IOLA AVE, Salt Lake City?
Assigned schools: Elementary: Franklin; Middle: Bryant; High: East. There are 3 schools within 3 miles of this property. The highest-rated nearby school is Salt Lake Center for Science Education with a 59% state performance score (2.2 miles away). School district: Salt Lake.
What is the internet speed at 1228 IOLA AVE, Salt Lake City?
This property has a broadband score of 100/100 (Excellent). Best available speed: 10000 Mbps download / 10000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (100 Mbps, Fixed Wireless); CenturyLink (1000 Mbps, Fiber); CenturyLink (100 Mbps, DSL). Total providers: 14.
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