1032 400, Salt Lake City, UT 84102
2BD/—BA Residential in Salt Lake City, UT 84102. 1,050 sqft. Built 1972. Listed at $399,000. MLS #2158217.
2BD/—BA Residential in Salt Lake City, UT 84102. 1,050 sqft. Built 1972. Listed at $399,000. MLS #2158217.
Brand new. Never lived in. Exactly what you've been waiting for near the University of Utah. This 2-bed, 2-bath condo pairs clean, modern designer finishes with expansive living spaces and private bedrooms (including a true ensuite). As one of the largest floor plans in the complex, it offers a more open, livable feel than most. Oversized windows fill the home with natural light, while sliding doors open to your own patio-perfect for morning coffee or unwinding after class. A short jaunt to the University of Utah and moments to TRAX for quick access to campus or downtown. Set within a secure, access-controlled building, the community brings the extras: pool, spa, fitness center, and a dedicated covered parking space. Whether you're buying for a student, a roommate setup, or a long-term rental, this one just makes sense.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
INCLINE TERRACE
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Clapboard/Masonite
Lot Size
0.01 sq ft
Above Grade Area
1,050 sq ft
Condition
Blt./Standing
MLS #
2158217
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
INCLINE TERRACE
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Clapboard/Masonite
Lot Size
0.01 sq ft
Above Grade Area
1,050 sq ft
Condition
Blt./Standing
MLS #
2158217
List Price
$399,000
HOA Fees
$295 / Monthly
Annual Taxes
$1,123
Home Warranty
No
List Price
$399,000
HOA Fees
$295 / Monthly
Annual Taxes
$1,123
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood,Tile
Basement
None
Materials
Brick,Clapboard/Masonite
Appliances
Portable Dishwasher,Microwave,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood,Tile
Basement
None
Materials
Brick,Clapboard/Masonite
Appliances
Portable Dishwasher,Microwave,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Covered Spaces
1
Total Parking
2
Covered Spaces
1
Total Parking
2
Classification
Standard
Deal Score
30/100
vs Similar Homes
42% above
vs Market Median
9% above
Area Growth (YoY)
-0.8%
Deal Score Breakdown
30/100
Priced 9% above the per-subtype city median
Priced 42% above the median of similar listings
-0.8% year-over-year ZHVI growth in this area
LT net cashflow -$1,199/mo (-41.2% return on ownership cost) · STR net cashflow -$1,571/mo (-54.0% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
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
$1,943/mo
Range: $1,176 – $2,709
Net Monthly Cash Flow
−$1,199 /mo (−$14,386/yr)
Monthly rental income
Monthly ownership cost
Coverage
67%
Net /mo
−$1,199
DSCR
0.86
Est. Annual Revenue
$22,940/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$1,571 /mo (−$18,854/yr)
Monthly STR income
Monthly ownership cost
Coverage
66%
Net /mo
−$1,571
DSCR
0.67
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$570,000
-30% vs median
57 days
615
$184,000 – $7,995,000
$1,123
$295/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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Daryn Edmunds - High Road Properties

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

Devin Tanner - Utah Realtor
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