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4340 HIGHLAND DR photo 11 / 47

$389,900

Reduced from $394,900 · 2 days ago

4340 HIGHLAND DR, Salt Lake City, UT 84124

Type

Condo

List Price

$389,900

Price/Sqft

$275

Est Gross Yield

8.3%

$32,496/yr est.

Property Details

Property typeCondo
Year built2003
Total units1
Living area1,416 sqft
Bedrooms3
Bathrooms2
Lot size0.01 acres
Parking3 spaces
Days on market41
Listed2026-05-14T00:00:00+00:00

Description

PRICE IMPROVEMENT! *Plus, Seller will pay your first 3 months of HOA fees with a full price offer* Rarely available 3-bedroom condo! Located in a gated community with controlled access, this beautifully updated 3rd-floor unit is easily accessible by elevator and filled with natural light from oversized windows showcasing stunning mountain views. Inside, you'll love the tall ceilings, fresh paint, new carpet, and spacious layout that feels bright and inviting throughout. The kitchen and living spaces feature newer appliances, and thoughtful upgrades like a whole-home water filtration system, water softener, and brand-new A/C (2026). Parking is exceptional with an underground garage spot and an exterior spot, plus ample storage throughout the home. HOA covers most of your utilities for truly maintenance free living - you will only have to pay your electric bill separately (gas, water, trash, fiber internet all included).

Listed by Evelyn Chandler · Presidio Real Estate (South Valley)

Location

4340 HIGHLAND DR, Salt Lake City, UT 84124

Proforma

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Cap Rate

5.54%

Cash-on-Cash

2.31%

Cash Flow

$281/mo

Purchase Price$389,900
Down Payment35% ($136,465)
Interest Rate6.00%
Monthly Rent$2,708/mo
Vacancy5%
Expense Ratio30% ($9,261)

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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, 9:40:24 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.