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5 S 500 W photo 11 / 34

$370,000

Reduced from $400,000 · today

5 S 500 W, Salt Lake City, UT 84101

Type

Condo

List Price

$370,000

Price/Sqft

$531

Est Gross Yield

5.1%

$18,876/yr est.

Property Details

Property typeCondo
Year built2004
Total units1
Living area697 sqft
Bedrooms1
Bathrooms1
Lot size0.01 acres
Parking1 spaces
Days on market52
Listed2026-05-26T00:00:00+00:00

Description

Discover unparalleled urban luxury in this stunning, newly remodeled downtown condo. Every detail has been carefully curated for modern, high-end living, featuring brand new sleek flooring throughout and exquisite countertops in the gourmet kitchen. As a resident of this luxury condominium, you will enjoy effortless access to all building amenities, including a state-of-the-art fitness center, a stylish rooftop terrace with panoramic views, and a dedicated residents' lounge. Live at the heart of the action with the city's finest dining, shopping, and entertainment just steps from your door.

Listed by Sean Caldwell · KW South Valley Keller Williams

Location

5 S 500 W, Salt Lake City, UT 84101

Proforma

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Cap Rate

3.39%

Cash-on-Cash

-3.42%

Cash Flow

-$396/mo

Purchase Price$370,000
Down Payment35% ($129,500)
Interest Rate6.00%
Monthly Rent$1,573/mo
Vacancy5%
Expense Ratio30% ($5,380)

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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 7/17/2026, 12:50:00 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.