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1387 S 400 E, Salt Lake City, UT 84115
$575,000
1387 S 400 E, Salt Lake City, UT 84115
Units
2
Price/Unit
$287,500
Price/Sqft
$342
Est Gross Yield
5.5%
$31,680/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 2BR / 3BA | 1 | 2 | 3 | 841 | $1,400/mo |
| 1BR / 2BA | 1 | 1 | 2 | 841 | $950/mo |
| Total | 2 | 3 | 5 | 1,682 | $2,350/mo |
Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.
Description
Owned by the same family for 50 years, this charming duplex reflects pride of ownership and is located in the desirable Liberty Wells neighborhood, offering an exceptional location with incredible access to Liberty Park and downtown Salt Lake City. One of Salt Lake's most established and walkable areas, Liberty Wells offers convenient access to local restaurants, coffee shops, grocery stores, and schools, along with easy access to I-80 and I-15. The property offers extensive off-street parking with convenient access from both the front and rear alley, along with oversized storage sheds providing plenty of additional space. The west-facing front allows for a shaded backyard during the warm summer months, creating a comfortable outdoor setting. Two separate basement entrances add flexibility and convenience. The units have been updated over the years. Liberty Park is truly the anchor of this vibrant community, spanning nearly 100 acres of beautiful mature trees and offering jogging paths, tennis courts, sand and concrete volleyball courts, a swimming pool, picnic areas, playgrounds, paddle boating on the pond, amusement rides, and the popular Tracy Aviary, a beloved bird sanctuary. A rare opportunity to own a duplex in the heart of Liberty Wells, where neighborhood charm, walkability, and an exceptional location come together. Duplex is being sold as-is.
Listed by Laurel Simmons · Summit Sotheby's International Realty
Location
1387 S 400 E, Salt Lake City, UT 84115
Proforma
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Cap Rate
3.66%
Cash-on-Cash
-2.70%
Cash Flow
-$485/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/10/2026, 1:51:48 PM. 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.