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3203 S 400 E photo 11 / 24
Single FamilyADU Potential

$450,000

3203 S 400 E, Salt Lake City, UT 84115

Type

SFR

List Price

$450,000

Price/Sqft

$588

Est Gross Yield

4.0%

$17,856/yr est.

Property Details

Property typeSingle Family
Year built1951
Total units1
Living area765 sqft
Bedrooms2
Bathrooms1
Lot size0.14 acres
Days on market12
Listed2026-06-11T00:00:00+00:00

Description

**BRAND NEW REMODEL WITH NUMEROUS UPGRADES AND AN AMAZING CUSTOM KITCHEN!** Per discussions with the city planner, room for a detached **GARAGE WITH ADU** or **TINY HOME** ON WELL no water fees. This thoughtfully remodeled South Salt Lake cottage features an amazing custom kitchen with soft-close cabinetry, quartz countertops, stainless steel appliances, and abundant storage. Additional upgrades include brand new LVP flooring, fresh paint and texturing, wainscoting, built-in pantry shelving, closet shelving, upgraded plumbing and fixtures, a beautifully remodeled bathroom, brand new HVAC system, and a brand new concrete driveway. Enjoy private well water with little to no monthly water bill, RV parking, and ample off-street parking. Special attention was paid to this remodel with quality finishes and thoughtful details throughout, all conveniently located near Fitts Park, Sugar House Park, downtown Salt Lake City, and the University of Utah. (buyer to verify all approvals and development potential with the city).

Listed by Craig Lisonbee · Fathom Realty (Union Park)

Location

3203 S 400 E, Salt Lake City, UT 84115

Proforma

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Cap Rate

2.64%

Cash-on-Cash

-5.43%

Cash Flow

-$764/mo

Purchase Price$450,000
Down Payment35% ($157,500)
Interest Rate6.00%
Monthly Rent$1,488/mo
Vacancy5%
Expense Ratio30% ($5,089)

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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 6/23/2026, 4:08:00 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.