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531 S 900 E, Salt Lake City, UT 84102
$410,000
531 S 900 E, Salt Lake City, UT 84102
Type
Condo
List Price
$410,000
Price/Sqft
$395
Est Gross Yield
8.3%
$34,188/yr est.
Property Details
Description
Excellent investment opportunity near the University of Utah! This updated 3-bedroom, 2-bath condo is in exceptional condition and is currently leased for a year, offering immediate rental income for the new owner. The well-maintained interior features newer appliances and attractive, durable wood-grain tile flooring throughout. 3 parking permits with one covered. Separate 6x9 storage closet. Conveniently located near the University of Utah with easy access to public transportation and TRAX, as well as shopping, dining, Trolley Square, downtown Salt Lake City, and other nearby amenities. A great opportunity to add a well-located, income-producing property to your investment portfolio. Please do not disturb tenants. Make offer subject to inspection.
Listed by Michael Hoffee · Wasatch Mountain Realty
Location
531 S 900 E, Salt Lake City, UT 84102
Proforma
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Cap Rate
5.55%
Cash-on-Cash
2.32%
Cash Flow
$297/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 9/12/2026, 12:52:31 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.