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48 W 300 S, Salt Lake City, UT — photo 11 / 53

$475,000

48 W 300 S, Salt Lake City, UT 84101

Type

Condo

List Price

$475,000

Price/Sqft

$315

Est Gross Yield

6.1%

$29,028/yr est.

Property Details

Property typeCondo
Year built1983
Total units1
Living area1,509 sqft
Bedrooms2
Bathrooms2
Lot size0.01 acres
Parking1 spaces
Days on market4
Listed2026-09-17T00:00:00+00:00

Description

Beautifully maintained two-bedroom, two-bath condo in the heart of downtown Salt Lake City. American Towers offers the best of city living, with City Creek Canyon and world-class outdoor recreation just minutes away. Bike from your front door to the mountain in approximately 20 minutes, while enjoying the convenience of being just steps from City Creek Mall, Delta Center, shops, restaurants, and grocery stores. This rare downtown condo features big, beautiful windows, a spacious living area, a gorgeously updated kitchen, and ample storage-a standout feature for downtown living. Laundry access is conveniently located within the unit, and secure underground parking provides easy access to your car and the freeway in just minutes. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.

Listed by Anne Tuckett · Eleven11 Real Estate

Location

48 W 300 S, Salt Lake City, UT 84101

Proforma

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Cap Rate

4.06%

Cash-on-Cash

-1.63%

Cash Flow

-$242/mo

Purchase Price$475,000
Down Payment35% ($166,250)
Interest Rate6.00%
Monthly Rent$2,419/mo
Vacancy5%
Expense Ratio30% ($8,273)

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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 9/21/2026, 3:04:37 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.