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616 N OAKLEY W ST, Salt Lake City, UT — photo 11 / 12

$199,900

616 N OAKLEY W ST, Salt Lake City, UT 84116

Type

Condo

List Price

$199,900

Price/Sqft

$218

Est Gross Yield

8.6%

$17,280/yr est.

Property Details

Property typeCondo
Year built1964
Total units1
Living area916 sqft
Bedrooms2
Bathrooms1
Lot size0.01 acres
Parking1 spaces
Days on market61
Listed2026-08-17T00:00:00+00:00

Description

55+ community near Downtown Salt Lake City. Beautifully remodeled with a updated kitchen and all new appliances. Updated bathroom, lighting, LVP flooring, plush carpet, and fresh paint throughout. Enjoy secured covered parking and a beautifully maintained, park-like courtyard with a community pool. Modern updates, convenient location, and low-maintenance living make this a must-see!

Listed by Brad Olsen · Dimension Realty Services

Location

616 N OAKLEY W ST, Salt Lake City, UT 84116

Proforma

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Cap Rate

5.75%

Cash-on-Cash

2.86%

Cash Flow

$179/mo

Purchase Price$199,900
Down Payment35% ($69,965)
Interest Rate6.00%
Monthly Rent$1,440/mo
Vacancy5%
Expense Ratio30% ($4,925)

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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 10/17/2026, 7:36:16 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.