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29 S STATE ST, Salt Lake City, UT — photo 11 / 11

$375,000

29 S STATE ST, Salt Lake City, UT 84111

Type

Condo

List Price

$375,000

Price/Sqft

$514

Est Gross Yield

3.9%

$14,784/yr est.

Property Details

Property typeCondo
Year built1919
Total units1
Living area730 sqft
Bedrooms1
Bathrooms1
Lot size0.01 acres
Parking2 spaces
Days on market1
Listed2026-10-29T00:00:00+00:00

Description

Enjoy the best of downtown living in the Historic Beau Arts Belvedere, enter the timeless black and white marble foyer and dance in the elevator like a cast member of Thoroughly Modern Millie, enjoy world class dining, theater at the world renowned Eccles Theatre and sports at the Delta Center, enjoy Christmas lights at Temple Square. Shopping is just around the corner at Harmons downtown that has apartment sized portions, so you can shop and carry! Amazing property

Listed by Gale Frandsen · Berkshire Hathaway HomeServices Utah Properties (Salt Lake)

Location

29 S STATE ST, Salt Lake City, UT 84111

Proforma

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Cap Rate

2.62%

Cash-on-Cash

-5.48%

Cash Flow

-$642/mo

Purchase Price$375,000
Down Payment35% ($131,250)
Interest Rate6.00%
Monthly Rent$1,232/mo
Vacancy5%
Expense Ratio30% ($4,213)

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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 10/30/2026, 12:02:48 AM. 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.