1032 400, Salt Lake City, UT 84102
2BD/—BA Residential in Salt Lake City, UT 84102. 900 sqft. Built 2024. Listed at $395,000. MLS #2149888.
2BD/—BA Residential in Salt Lake City, UT 84102. 900 sqft. Built 2024. Listed at $395,000. MLS #2149888.
Attention Investors and Parents with students at the U of U - Move Fast- this is a great opportunity to own a Brand new 2 bedroom, 1 bath luxury condo with upgrades galore and the most fabulous finish work! Desirable CORNER unit in Incline Terrace Condominiums Brand New Building B! Spectacular city and mountain views and the west facing windows provide so much natural light-especially in the Winter months! Superb Upgrades includes wider laminate flooring, white kitchen cabinetry with soft-close drawers, gorgeous granite countertops, stainless appliances -Refrigerator with French doors-and Motorized Blinds -including Blackout blinds for both bedrooms! Located only short walk to the U of U campus but just far enough away to enjoy quiet lifestyle! Enjoy the lovely park across the street and only minutes from downtown, great shopping and restaurants. This condo includes a Reserved, covered parking space, huge on-site laundry room, Swimming pool and amenities galore! Incredible investment opportunity,! Google Fiber in community. Call listing agent today for more details!
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
INCLINE TERRACE
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Cedar
Lot Size
0.01 sq ft
Above Grade Area
900 sq ft
Condition
Blt./Standing
MLS #
2149888
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
INCLINE TERRACE
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Cedar
Lot Size
0.01 sq ft
Above Grade Area
900 sq ft
Condition
Blt./Standing
MLS #
2149888
List Price
$395,000
Original Price
$400,000
HOA Fees
$245 / Monthly
Annual Taxes
$999
Home Warranty
No
List Price
$395,000
Original Price
$400,000
HOA Fees
$245 / Monthly
Annual Taxes
$999
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Membrane
Flooring
Carpet,Laminate
Basement
None
Materials
Brick,Cedar
Appliances
Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Membrane
Flooring
Carpet,Laminate
Basement
None
Materials
Brick,Cedar
Appliances
Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
1
Total Parking
1
Covered Spaces
1
Total Parking
1
Classification
Standard
Deal Score
25/100
vs Similar Homes
12% above
vs Market Median
25% above
Price Reduced
1.3%
Area Growth (YoY)
-0.8%
Deal Score Breakdown
25/100
1% price reduction from original list — seller may be motivated
Priced 12% above the median of similar listings
Priced 25% above the per-subtype city median
-0.8% year-over-year ZHVI growth in this area
LT net cashflow -$1,529/mo (-53.6% return on ownership cost) · STR net cashflow -$1,634/mo (-57.2% 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.
Monthly Rent
$1,507/mo
Range: $912 – $2,101
Net Monthly Cash Flow
−$1,528 /mo (−$18,340/yr)
Monthly rental income
Monthly ownership cost
Coverage
53%
Net /mo
−$1,529
DSCR
0.66
Est. Annual Revenue
$20,913/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,635 /mo (−$19,615/yr)
Monthly STR income
Monthly ownership cost
Coverage
61%
Net /mo
−$1,634
DSCR
0.61
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$575,000
-31% vs median
55 days
621
$184,000 – $7,995,000
$999
$245/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.
Select agents you’d like to hear from. They’ll be notified of your interest — your contact details stay private until you choose to respond.

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Daryn Edmunds - High Road Properties

Devin Tanner - Utah Realtor
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Built with AI to help you find your perfect home
Powered by AI • Secured by Supabase • Trusted by Agents