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550 S 400 E, Salt Lake City, UT 84111
550 S 400 E, Salt Lake City, UT 84111
Type
Condo
List Price
$299,900
Price/Sqft
$334
Est Gross Yield
7.5%
$22,584/yr est.
This refreshed 2-bedroom 2-bath corner unit condo offers the convenience of downtown living in a quiet neighborhood. The unit features bamboo flooring throughout the living area and bedrooms, with tile in the bathrooms. Both bedrooms have walk-in closets and ceiling fans, and the primary bedroom has an ensuite. Windows are south and west facing and feature plantation shutters. Balcony offers a partial view of the mountains and has southern exposure-perfect for container gardening (or you can rent a plot in the Towne Park community garden). The kitchen has a brand new microwave, while the washer and HVAC are also like new: just a few years old and used very little as owners spend most time away. Excellent amenities are included in the HOA: a beautiful heated saltwater pool; multi-use court for tennis, pickleball, and basketball; club house with picnic area and gas grills; dog run; and parking space and storage unit in underground garage. This condo is located minutes away from downtown with easy access to the freeway and public transportation. Numerous conveniences, dining, and entertainment options are on your doorstep! Walk to the Central City Rec Center gym across the street and to events at the City Library and Washington Square. Grocery shopping is a breeze with Smith's, Trader Joe's, Whole Foods, and the new Wasatch Co-op within a half-mile radius. Liberty Park, the Milk Block, and 9th & 9th are just a few blocks further.
Listed by Jake Breen · Dijjit, LC
550 S 400 E, Salt Lake City, UT 84111
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Cap Rate
5.01%
Cash-on-Cash
0.88%
Cash Flow
$83/mo
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 7/30/2026, 2:21:51 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.