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178 E DOWNINGTON AVE, Salt Lake City, UT 84115
$350,000
Reduced from $375,000 · today
178 E DOWNINGTON AVE, Salt Lake City, UT 84115
Type
SFR
List Price
$350,000
Price/Sqft
$341
Est Gross Yield
7.5%
$26,220/yr est.
Property Details
Description
**BACK ON THE MARKET DUE TO BUYER DEFAULT! Please contact listing agent for further details.**Welcome to this charming bungalow in the heart of Salt Lake City, offering an incredible opportunity to own at an attractive entry-level price point. Thoughtfully updated and move-in ready, this home features new flooring, refreshed kitchen countertops, and all appliances included-making for a seamless transition into homeownership. Inside, you'll find a functional layout with three comfortable bedrooms and one bathroom, perfect for first-time buyers, investors, or anyone seeking a low-maintenance lifestyle. A newer water heater adds peace of mind, while the home's cozy footprint maximizes both comfort and efficiency. Step outside to enjoy a private yard space-ideal for relaxing, entertaining, gardening, or creating your own outdoor retreat. Location is where this property truly shines. Conveniently situated just minutes from Downtown Salt Lake City, you'll have quick access to a vibrant mix of restaurants, shopping, nightlife, and cultural attractions that make the area the hub of the city. Whether commuting for work or enjoying a night out, everything you need is within easy reach. The home is also near Salt Lake Community College, making it an excellent option for students, faculty, or rental potential. The surrounding area benefits from strong public transit access, including TRAX light rail and bus routes, providing convenient connectivity throughout the valley. Outdoor enthusiasts will appreciate being nestled in a city known for its unique blend of urban living and access to nature. Within a short drive, you can explore hiking and biking trails, scenic parks, and even world-class ski resorts in the nearby Wasatch Mountains-making this location ideal for year-round recreation. Whether you're looking for affordability, convenience, or lifestyle, this home checks all the boxes. Don't miss your chance to own a well-located, updated property in one of Utah's most dynamic and growing cities.
Listed by Linda Burtch · KW Utah Realtors Keller Williams (Brickyard)
Location
178 E DOWNINGTON AVE, Salt Lake City, UT 84115
Proforma
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Cap Rate
4.98%
Cash-on-Cash
0.81%
Cash Flow
$89/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 6/24/2026, 9:32:25 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.