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1032 E 400 S, Salt Lake City, UT 84102
$380,000
Reduced from $399,000 · 6 days ago
1032 E 400 S, Salt Lake City, UT 84102
Type
Condo
List Price
$380,000
Price/Sqft
$362
Est Gross Yield
5.1%
$19,248/yr est.
Property Details
Description
Located in the highly desirable Incline Terrace community, this property offers unbeatable convenience just 3 blocks from the University of Utah, multiple TRAX stations, and minutes from downtown, shopping, dining, and major hospitals. Rebuilt after a fire, the building provides the rare opportunity of newer construction within an established neighborhood. Amenities include high-end designer finishes, spacious private covered patio, secure entry, elevator access, reserved covered parking, 24-hour on-site laundry, fitness room, secure package room, and Google Fiber availability. Professionally managed HOA with 6+ month rentals permitted making it ideal for both homeowners and investors seeking affordable, low-maintenance living. Pool is being completely renovated and will be finished May 2026. Sqft figures provided as courtesy only. Buyer to verify all info.
Listed by Troy Peterson · Equity Real Estate (Solid)
Location
1032 E 400 S, Salt Lake City, UT 84102
Proforma
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Cap Rate
3.37%
Cash-on-Cash
-3.49%
Cash Flow
-$414/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 7/30/2026, 6:38:24 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.