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1032 E 400 S photo 11 / 23

$389,000

1032 E 400 S, Salt Lake City, UT 84102

Type

Condo

List Price

$389,000

Price/Sqft

$432

Est Gross Yield

4.9%

$19,248/yr est.

Property Details

Property typeCondo
Year built2024
Total units1
Living area900 sqft
Bedrooms2
Bathrooms1
Lot size0.01 acres
Parking1 spaces
Days on market22
Listed2026-06-05T00:00:00+00:00

Description

Attention Investors and Parents with students at the U of U - Move Fast- this is a great opportunity to own a Brand new 2 bedroom, 1 bath luxury condo with upgrades galore and the most fabulous finish work! Desirable CORNER unit in Incline Terrace Condominiums Brand New Building B! Spectacular city and mountain views and the west facing windows provide so much natural light-especially in the Winter months! Superb Upgrades includes wider laminate flooring, white kitchen cabinetry with soft-close drawers, gorgeous granite countertops, stainless appliances -Refrigerator with French doors-and Motorized Blinds -including Blackout blinds for both bedrooms! Located only short walk to the U of U campus but just far enough away to enjoy quiet lifestyle! Enjoy the lovely park across the street and only minutes from downtown, great shopping and restaurants. This condo includes a Reserved, covered parking space, huge on-site laundry room, Swimming pool and amenities galore! Incredible investment opportunity! Google Fiber in community. Call listing agent today for more details!

Listed by Allison Reemsnyder · Summit Sotheby's International Realty

Location

1032 E 400 S, Salt Lake City, UT 84102

Proforma

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Cap Rate

3.29%

Cash-on-Cash

-3.70%

Cash Flow

-$449/mo

Purchase Price$389,000
Down Payment35% ($136,150)
Interest Rate6.00%
Monthly Rent$1,604/mo
Vacancy5%
Expense Ratio30% ($5,486)

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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 6/27/2026, 9:48:44 PM. 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.