171 E 3RD AVE #506, Salt Lake City, UT 84103
$724,900
Est. $5,041/mo
- Beds
- 2
- Baths
- 3
- Sq ft
- 2,015
- Built
- 1985
About this home
Experience refined living at Terrace Falls, nestled in SLC's historic Avenues with stunning views. This beautifully updated residence has a thoughtfully designed floor plan with 2 en suite bedrooms, 2.5 baths, and bright, open, elegant finishes. A versatile den with a Murphy bed makes an easy guest retreat. Secure 2-car garage parking plus private storage. Quality construction with a resort-inspired feel. Amenities include a fitness center, indoor pool, spa, sauna, billiards, rooftop terrace w/BBQ, event room w/chef's kitchen, conference room, library & more. Direct access to City Creek Canyon trails. Moments from cafs, parks, City Creek Center, Temple Square, Abravanel Hall & downtown dining. Your private tour awaits.
Features
- Fireplace
- Bath: Primary
- Bath: Sep. Tub/Shower
- Closet: Walk-In
- Den/Office
- Disposal
- Gas Log
- Kitchen: Updated
- Range/Oven: Free Stdng.
- Granite Countertops
- Double Pane Windows
- Secured Building
- Secured Parking
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 Brent T. Andersen
The Agency Org, LLC
MLS #2194384
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- Ensign
Elementary
- Bryant
Middle School
- West
High School
- Salt Lake Arts Academy
K-8 School · 1.6 mi
56% proficient - Emerson School
K-8 School · 2.5 mi
58% proficient - Salt Lake Center for Science Education
High School · 2.8 mi
59% proficient
Nearby
Recreation
73 / 100- Local Park · Brigham Young Historic Park591 ft
- Trailhead · City Creek (BST SLC)1.3 mi
- Golf Course · Roots Disc Golf Course3.2 mi
- State Park · This Is The Place Heritage Park3.8 mi
Show 2 more
- Airport · Salt Lake City Intl Airport5.0 mi
- Ski Resort · Solitude Mountain Resort18 mi
Everyday needs
72 / 100- School · Open Classroom1476 ft
- Restaurant · Farr's Fresh Pizza1936 ft
- Cafe · Old Cuss1.7 mi
- Fire Station · Salt Lake City Fire Station Number 62.3 mi
Show 8 more
- Hospital · VA Medical Hospital2.8 mi
- EV Charging · ChargePoint Charging Station2.9 mi
- Grocery · Harmons Emigration Market3.1 mi
- Bank · Zions Bank3.1 mi
- Pharmacy · SavOn Pharmacy3.1 mi
- Doctors · Erica N. Baiden3.3 mi
- Gas Station · 7-Eleven Fuel3.4 mi
- Gym · Wild Yogi4.1 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
- XfinityFiber2 Gbps2 Gbps
- VerizonFixed Wireless1 Gbps75 Mbps
- StarlinkSatellite280 Mbps30 Mbps
- CenturyLinkDSL140 Mbps100 Mbps
- AT&TFixed Wireless100 Mbps20 Mbps
- HughesNetSatellite100 Mbps5 Mbps
- SenaWaveFixed Wireless100 Mbps50 Mbps
- SenaWaveDSL100 Mbps50 Mbps
- T-MobileFixed Wireless100 Mbps20 Mbps
- Viasat IncSatellite100 Mbps3 Mbps
- Utah BroadbandFixed Wireless50 Mbps10 Mbps
- Rise BroadbandFixed Wireless25 Mbps5 Mbps
Home details
Property
- Type
- Residential
- Style
- Condominium
- Architectural style
- Condo; Middle Level
- Year built
- 1985
- Stories
- 1
- Above grade area
- 2,015 sq ft
- Condition
- Blt./Standing
- Construction
- Asphalt,Brick,Stucco
- Subdivision
- TERRACE FALLS
- County
- Salt Lake
- Zoning
- Multi-Family
- MLS #
- 2194384
Costs
- List price
- $724,900
- HOA
- $683 / Monthly
- Annual taxes
- $2,978
- Home warranty
- No
Lot and parking
- Lot
- 436 sqft
- Lot features
- Curb & Gutter,Road: Paved,Sidewalks,View: Mountain,View: Valley
- Garage
- 2 cars
- Covered spaces
- 2
- Total parking
- 2
Systems
- Heating
- Forced Air,Gas: Central
- Cooling
- Central Air
- Roof
- Asphalt,Membrane
- Flooring
- Carpet,Hardwood,Marble,Travertine
- Basement
- None
- Appliances
- Microwave,Range Hood
- Water
- Culinary
- Sewer
- Sewer: Connected
- View
- Mountain(s),Valley
All home details61 details
Property Info
- Property Type
- Residential
- Property Style
- Condominium
- Architectural Style
- Condo; Middle Level
- Condition
- Blt./Standing
- MLS #
- 2194384
- County
- Salt Lake
- Subdivision
- TERRACE FALLS
- Year Built
- 1985
- New Construction
- No
- Stories
- 1
- Total Rooms
- 11
- Living Area
- 2,015 sq ft
- Above Grade Area
- 2,015 sq ft
- Lot Size (Acres)
- 0.01
- Lot Size
- 435.6 sq ft
- Zoning
- Multi-Family
Bedrooms & Baths
- Bedrooms
- 2
- Total Bathrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
Financial
- List Price
- $724,900
- Original Price
- $724,900
- HOA Fees
- $683
- HOA Frequency
- Monthly
- HOA
- Yes
- Annual Taxes
- $2,978
- Home Warranty
- No
Structure
- Construction
- Asphalt,Brick,Stucco
- Basement
- None
- Roof
- Asphalt,Membrane
- Flooring
- Carpet,Hardwood,Marble,Travertine
- Heating
- Forced Air,Gas: Central
- Cooling
- Central Air
- Appliances
- Microwave,Range Hood
Lot & Land
- Lot Features
- Curb & Gutter,Road: Paved,Sidewalks,View: Mountain,View: Valley
- Topography
- Curb & Gutter, Road: Paved, Sidewalks, View: Mountain, View: Valley
- View
- Mountain(s),Valley
- Waterfront
- No
- Horse Property
- No
Parking
- Garage
- Yes
- Garage Spaces
- 2
- Carport
- No
- Covered Spaces
- 2
- Total Parking
- 2
- ADU
- No
Amenities
- Fireplace
- Yes
- Fireplaces
- 1
- Pool
- No
- Spa/Hot Tub
- No
- Inclusions
- Microwave, Range, Range Hood
Utilities
- Water Source
- Culinary
- Sewer
- Sewer: Connected
- Utilities
- Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
Schools
- Elementary
- Ensign
- Middle School
- Bryant
- High School
- West
- Elementary District
- Salt Lake
Timeline
- Listed
- Nov 3, 2026
- Days on Market
- 1
- Status
- Active
Media
- Property Website
- Visit website
Salt Lake City market
Explore Salt Lake CitySalt Lake City median
$548,900
This home: 32% above
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
TERRACE FALLS171 E 3RD AVE #506, Salt Lake City, UT 84103
Open in map searchCommon questions
About 171 E 3RD AVE #506, Salt Lake City, UtahWhat is the asking price for 171 E 3RD AVE #506, Salt Lake City?
171 E 3RD AVE #506, Salt Lake City is listed at $724,900 ($360/sqft). This listing is currently active and available for showings.
Is 171 E 3RD AVE #506, Salt Lake City a good deal?
Propaired's AI deal analysis classifies this property as a "Standard" with a deal score of 10/100. The price is 23% above similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.
Is 171 E 3RD AVE #506, Salt Lake City a good investment property?
Based on market rental data, this property has an estimated annual rent of $25,539 with a gross rental yield of 3.5%. Net rental yield (after estimated expenses): 2.3%. Estimated debt service coverage ratio (DSCR): 0.48. Investor score: 23/100. These are estimates based on area comparables.
What recreation is near 171 E 3RD AVE #506, Salt Lake City?
This property has a recreation score of 73/100. Nearby recreation includes: City Creek (BST SLC) trailhead (1.3 mi); Brigham Young Historic Park park (0.1 mi); Roots Disc Golf Course (3.2 mi); This Is The Place Heritage Park (3.8 mi). Skiing: Solitude Mountain Resort (18.0 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.
What amenities and services are near 171 E 3RD AVE #506, Salt Lake City?
This property has an amenity proximity score of 72/100. Nearby services include: Grocery: Harmons Emigration Market (3.1 mi); Hospital: VA Medical Hospital (2.8 mi); Pharmacy: SavOn Pharmacy (3.1 mi); Dining: Farr's Fresh Pizza (0.4 mi). Gas station: 3.4 miles. Gym: Wild Yogi (4.1 mi).
What schools serve 171 E 3RD AVE #506, Salt Lake City?
Assigned schools: Elementary: Ensign; Middle: Bryant; High: West. 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 (2.8 miles away). School district: Salt Lake.
All 8 questions
What is the internet speed at 171 E 3RD AVE #506, 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 (140 Mbps, DSL); Google Fiber (8000 Mbps, Fiber). Total providers: 14.
Is 171 E 3RD AVE #506, Salt Lake City in a flood zone?
This property is classified as low. FEMA flood zone: X (AREA OF MINIMAL FLOOD HAZARD). Flood insurance is not typically required but may be recommended. Always verify current FEMA maps as they are periodically updated.
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