- Motivated Seller
- Price cut 14%
1032 E 400 S #508B, Salt Lake City, UT 84102
$345,000
Originally listed at $399,000
Est. $2,345/mo
- Beds
- 2
- Baths
- 2
- Sq ft
- 1,050
- Built
- 1972
Why this home stands out
- Priced 9% below selected similar sold homes
- Priced 8% below AVM estimate
- 14% price reduction from original list
- 173.0 days on market — potential negotiation opportunity
About this home
Seller Financing Available! 25% down, 6% fixed interest rate based on 30-yr.amortization, and 3-year balloon. 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.
Features
- Pool
- Spa / hot tub
- Alarm: Fire
- Bath: Primary
- Disposal
- Kitchen: Updated
- Range/Oven: Free Stdng.
- Balcony
- Deck; Covered
- Double Pane Windows
- Lighting
- Secured Building
- Sliding Glass Doors
Agents
Connect with your buyer agent
Get local guidance on this home from Juston.
Salt Lake County Realtor | Smart Real Estate. Lasting Legacy.
20 yrs experience
Listed by Jazmin Adamson
Align Complete Real Estate Services (900 South)
MLS #2158217
Your message goes only to Juston.
See the deal analysis, value and rental income
Ask Juston how this home rates as a deal, what it should sell for, and what it could earn as a long-term or short-term rental.
- Deal score
- Estimated value
- Rental income
Schools
Salt Lake- Wasatch
Elementary
- Bryant
Middle School
- East
High School
- Salt Lake Arts Academy
K-8 School · 1.4 mi
56% proficient - Emerson School
K-8 School · 2.5 mi
58% proficient
Nearby
Recreation
81 / 100- Local Park · Faultline Gardens Park558 ft
- Trailhead · Popperton Park1.4 mi
- Golf Course · Bonneville Golf Course2.1 mi
- State Park · This Is The Place Heritage Park2.3 mi
Show 2 more
- Airport · Salt Lake City Intl Airport6.5 mi
- Ski Resort · Solitude Mountain Resort16 mi
Everyday needs
76 / 100- Restaurant · Litzas Pizza0.6 mi
- School · East High0.6 mi
- Cafe · Art Cafe0.7 mi
- Hospital · VA Medical Hospital1.3 mi
Show 9 more
- EV Charging · ChargePoint Charging Station1.4 mi
- Grocery · Harmons Emigration Market1.5 mi
- Fire Station · Fire Station 101.8 mi
- Gas Station · Top Stop Chevron - Foothill C131.9 mi
- Bank · Chase Bank1.9 mi
- Pharmacy · Dan's Foothill Pharmacy2.2 mi
- Gym · Wild Yogi2.5 mi
- Park · Sugar House Horseshoe Pit2.7 mi
- Doctors · Dr. Richard R. Flynn, MD3.2 mi
Internet
Excellent · fiber · 100/100Google Fiber
Fiber · 8 Gbps
Quantum Fiber
Fiber · 2 Gbps
Xfinity
Cable · 2 Gbps
All 11 providers
- Google FiberFiber8 Gbps8 Gbps
- Quantum FiberFiber2 Gbps1 Gbps
- XfinityCable2 Gbps2 Gbps
- VerizonFixed Wireless1 Gbps75 Mbps
- StarlinkSatellite280 Mbps30 Mbps
- CenturyLinkDSL140 Mbps140 Mbps
- AT&TFixed Wireless100 Mbps20 Mbps
- HughesNetSatellite100 Mbps5 Mbps
- T-MobileFixed Wireless100 Mbps20 Mbps
- Viasat IncSatellite100 Mbps3 Mbps
- Utah BroadbandFixed Wireless50 Mbps10 Mbps
Home details
Property
- Type
- Residential
- Style
- Condominium
- Architectural style
- Condo; Middle Level
- Year built
- 1972
- Stories
- 1
- Above grade area
- 1,050 sq ft
- Condition
- Blt./Standing
- Construction
- Brick,Clapboard/Masonite
- Subdivision
- INCLINE TERRACE
- County
- Salt Lake
- Zoning
- Multi-Family
- MLS #
- 2158217
Costs
- List price
- $345,000
- Original price
- $399,000
- HOA
- $295 / Monthly
- Annual taxes
- $1,123
- Home warranty
- No
Lot and parking
- Lot
- 436 sqft
- Lot features
- Curb & Gutter,Road: Paved,Sidewalks,Sprinkler: Auto-Full,Terrain: Grad Slope,View: Mountain,View: Valley,Private
- Covered spaces
- 1
- Total parking
- 2
Systems
- Heating
- Forced Air,Gas: Central
- Cooling
- Central Air
- Roof
- Asphalt
- Flooring
- Hardwood,Tile
- Basement
- None
- Appliances
- Portable Dishwasher,Microwave,Refrigerator
- Water
- Culinary
- Sewer
- Sewer: Connected,Sewer: Public
- View
- Mountain(s),Valley
All home details59 details
Property Info
- Property Type
- Residential
- Property Style
- Condominium
- Architectural Style
- Condo; Middle Level
- Condition
- Blt./Standing
- MLS #
- 2158217
- County
- Salt Lake
- Subdivision
- INCLINE TERRACE
- Year Built
- 1972
- New Construction
- No
- Stories
- 1
- Total Rooms
- 6
- Living Area
- 1,050 sq ft
- Above Grade Area
- 1,050 sq ft
- Lot Size (Acres)
- 0.01
- Lot Size
- 435.6 sq ft
- Zoning
- Multi-Family
Bedrooms & Baths
- Bedrooms
- 2
- Total Bathrooms
- 2
- Full Baths
- 1
- ¾ Baths
- 1
Financial
- List Price
- $345,000
- Original Price
- $399,000
- HOA Fees
- $295
- HOA Frequency
- Monthly
- HOA
- Yes
- Annual Taxes
- $1,123
- Home Warranty
- No
Structure
- Construction
- Brick,Clapboard/Masonite
- Basement
- None
- Roof
- Asphalt
- Flooring
- Hardwood,Tile
- Heating
- Forced Air,Gas: Central
- Cooling
- Central Air
- Appliances
- Portable Dishwasher,Microwave,Refrigerator
Lot & Land
- Lot Features
- Curb & Gutter,Road: Paved,Sidewalks,Sprinkler: Auto-Full,Terrain: Grad Slope,View: Mountain,View: Valley,Private
- Topography
- Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain: Grad Slope, View: Mountain, View: Valley, Private
- View
- Mountain(s),Valley
- Waterfront
- No
- Horse Property
- No
Parking
- Garage
- No
- Carport
- Yes
- Covered Spaces
- 1
- Open Parking
- 1
- Total Parking
- 2
- ADU
- No
Amenities
- Fireplace
- No
- Pool
- Yes
- Spa/Hot Tub
- Yes
- Inclusions
- Dishwasher: Portable, Microwave, Range, Refrigerator, Window Coverings
Utilities
- Water Source
- Culinary
- Sewer
- Sewer: Connected,Sewer: Public
- Utilities
- Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Schools
- Elementary
- Wasatch
- Middle School
- Bryant
- High School
- East
- Elementary District
- Salt Lake
Timeline
- Listed
- May 15, 2026
- Days on Market
- 173
- Status
- Active
Salt Lake City market
Explore Salt Lake CitySalt Lake City median
$548,900
This home: 37% below
Days to sell
54
Utah: 70
Homes for sale
801
Price range
$185k – $8M
Sale to list
98%
Market
Buyer's market
SafetyHigh Crime · 147.1 incidents per 1,000 residents · 217% above the Utah average
Safety rating 1.0 out of 10.
Violent
28.7
per 1,000 · national 3.6
Property
83.9
per 1,000 · national 17.6
vs Utah
+217%
46.4 per 1,000 statewide
vs Salt Lake
+118%
67.5 per 1,000 countywide
Society
34.5
per 1,000
Population 212,675 · 2024 reports · Local rates use NIBRS; national rates use FBI UCR index crimes, which count fewer offense types.
Location
INCLINE TERRACE1032 E 400 S #508B, Salt Lake City, UT 84102
Open in map searchCommon questions
About 1032 E 400 S #508B, Salt Lake City, UtahWhat is the asking price for 1032 E 400 S #508B, Salt Lake City?
1032 E 400 S #508B, Salt Lake City is listed at $345,000 ($329/sqft). The original list price was $399,000, representing a reduction of $54,000. This listing is currently active and available for showings.
Is 1032 E 400 S #508B, Salt Lake City a good deal?
Propaired's AI deal analysis classifies this property as a "Motivated Seller" with a deal score of 88/100. Key deal signals: Priced 9% below selected similar sold homes; Priced 8% below AVM estimate; 14% price reduction from original list. The price is 9% below similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.
Is 1032 E 400 S #508B, Salt Lake City a good investment property?
Based on market rental data, this property has an estimated annual rent of $19,618 with a gross rental yield of 5.7%. Net rental yield (after estimated expenses): 3.7%. Estimated debt service coverage ratio (DSCR): 0.77. Investor score: 44/100. These are estimates based on area comparables.
What lifestyle features does 1032 E 400 S #508B, Salt Lake City offer?
Propaired's AI has identified 6 lifestyle features for this property: Pool, Hot Tub & Spa, Gated Community, New Construction, Walkable, Bikeable. The primary lifestyle niche is "new_construction." These tags are derived from MLS data, property features, and location analysis.
What recreation is near 1032 E 400 S #508B, Salt Lake City?
This property has a recreation score of 81/100. Nearby recreation includes: Popperton Park trailhead (1.4 mi); Faultline Gardens Park park (0.1 mi); Bonneville Golf Course (2.1 mi); This Is The Place Heritage Park (2.3 mi). Skiing: Solitude Mountain Resort (16.5 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.
What amenities and services are near 1032 E 400 S #508B, Salt Lake City?
This property has an amenity proximity score of 76/100. Nearby services include: Grocery: Harmons Emigration Market (1.5 mi); Hospital: VA Medical Hospital (1.3 mi); Pharmacy: Dan's Foothill Pharmacy (2.2 mi); Dining: Litzas Pizza (0.6 mi). Gas station: 1.9 miles. Gym: Wild Yogi (2.5 mi).
All 8 questions
What schools serve 1032 E 400 S #508B, Salt Lake City?
Assigned schools: Elementary: Wasatch; Middle: Bryant; High: East. There are 2 schools within 3 miles of this property. The highest-rated nearby school is Emerson School with a 58% state performance score (2.5 miles away). School district: Salt Lake.
What is the internet speed at 1032 E 400 S #508B, Salt Lake City?
This property has a broadband score of 100/100 (Excellent). Best available speed: 8000 Mbps download / 8000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (100 Mbps, Fixed Wireless); CenturyLink (140 Mbps, DSL); Google Fiber (8000 Mbps, Fiber). Total providers: 11.
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