1032 400, Salt Lake City, UT 84102
1BD/—BA Residential in Salt Lake City, UT 84102. 800 sqft. Built 2026. Listed at $315,000. MLS #2149632.
1BD/—BA Residential in Salt Lake City, UT 84102. 800 sqft. Built 2026. Listed at $315,000. MLS #2149632.
This brand-new, never-lived-in unique floor plan offers 1 bedroom, 1 bathroom condo with an office nook! Exceptional style, great appliance package, oversized closet & value all wrapped into one of Salt Lake City's most convenient locations! Walk to the U of U, TRAX, shopping, & dining. Plenty of amenities, including secure entry, elevator access, dedicated parking, on-site laundry, fitness room, & secure package room. Plus soon to be completed pool and spa. Don't miss this one, its perfect for both owner-occupants & investors.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
INCLINE TERRCE
County
Salt Lake
Construction
Brick,Cement Siding
Lot Size
0.01 sq ft
Above Grade Area
800 sq ft
Condition
Blt./Standing
MLS #
2149632
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
INCLINE TERRCE
County
Salt Lake
Construction
Brick,Cement Siding
Lot Size
0.01 sq ft
Above Grade Area
800 sq ft
Condition
Blt./Standing
MLS #
2149632
List Price
$315,000
Original Price
$330,000
HOA Fees
$220 / Monthly
Annual Taxes
$899
Home Warranty
No
List Price
$315,000
Original Price
$330,000
HOA Fees
$220 / Monthly
Annual Taxes
$899
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Basement
None
Materials
Brick,Cement Siding
Appliances
Microwave,Range Hood,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Central Air
Basement
None
Materials
Brick,Cement Siding
Appliances
Microwave,Range Hood,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
1
Covered Spaces
0
Total Parking
1
Why this is a deal
Classification
Standard
Deal Score
65/100
vs Similar Homes
8% below
vs Market Median
4% above
Price Reduced
4.5%
Area Growth (YoY)
-0.8%
Deal Score Breakdown
65/100 · 1 qualifying signal
Priced 8% below the median of similar listings
5% price reduction from original list — seller may be motivated
Priced 4% above the per-subtype city median
-0.8% year-over-year ZHVI growth in this area
LT net cashflow -$1,239/mo (-53.7% return on ownership cost) · STR net cashflow -$1,448/mo (-62.7% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$1,216/mo
Range: $736 – $1,696
Net Monthly Cash Flow
−$1,239 /mo (−$14,873/yr)
Monthly rental income
Monthly ownership cost
Coverage
53%
Net /mo
−$1,239
DSCR
0.67
Est. Annual Revenue
$14,768/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,449 /mo (−$17,385/yr)
Monthly STR income
Monthly ownership cost
Coverage
53%
Net /mo
−$1,448
DSCR
0.54
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$575,000
-45% vs median
55 days
621
$184,000 – $7,995,000
$899
$220/monthly
High Crime
28.7
per 1,000
83.9
per 1,000
34.5
per 1,000
147.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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