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31 N M E ST photo 11 / 47

$349,999

31 N M E ST, Salt Lake City, UT 84103

Type

Condo

List Price

$349,999

Price/Sqft

$400

Est Gross Yield

6.4%

$22,524/yr est.

Property Details

Property typeCondo
Year built1977
Total units1
Living area876 sqft
Bedrooms2
Bathrooms1
Lot size0.01 acres
Parking3 spaces
Days on market0
Listed2026-08-07T00:00:00+00:00

Description

Beautifully remodeled 2 Bedroom, 1 Bathroom, end unit condo in the heart of Salt Lake City. Located in the highly coveted Avenues neighborhood. Walkable to local coffee shops, cafes, and resturants. Just Minutes from 7 Major hospitals, the University of Utah, and downtown. Not one detail was spared on this unit. Gorgeous engineered hardwood flooring throughout, new cabinets, granite countertops and backsplash, all stainless steel appliances, double vanity in the bathroom, and marble surround tub/shower, barn doors, covered deck, and stackable washer/dryer IN THE UNIT. There are 2 parking spaces, one in the garage. Turn Key and ready!! Square footage figures are provided as a courtesy estimate only and were obtained from county records . Buyer is advised to obtain an independent measurement.

Listed by Lindsey Eggett · COMMUNIE RE

Location

31 N M E ST, Salt Lake City, UT 84103

Proforma

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Cap Rate

4.28%

Cash-on-Cash

-1.06%

Cash Flow

-$116/mo

Purchase Price$349,999
Down Payment35% ($122,500)
Interest Rate6.00%
Monthly Rent$1,877/mo
Vacancy5%
Expense Ratio30% ($6,419)

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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 8/7/2026, 11:37:36 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.