1212 WATERSIDE, Midvale, UT 84047
2BD/—BA Residential in Midvale, UT 84047. 730 sqft. Built 1985. Listed at $269,999. MLS #2107655.
2BD/—BA Residential in Midvale, UT 84047. 730 sqft. Built 1985. Listed at $269,999. MLS #2107655.
This is the condo you've been waiting for! Remodeled 2-bedroom main level condo in Waterside, centrally located off Union Park Ave. Easy access to the canyons and freeway. This darling home has been fully updated with new cabinets, quartz countertops, a large double sink, LVP floors throughout, new bathroom vanity, and an included stackable washer/dryer. Enjoy the functional layout and spacious rooms. Step out onto the private patio with views of the pool and additional locking storage. Waterside has low HOA fees and offers great amenities, including a pool, clubhouse, community veggie garden, picnic area, beautiful common space, and an on-site manager 2 days/week. Pets are allowed, but must be registered with the HOA.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Subdivision
WATERSIDE
County
Salt Lake
Zoning
Multi-Family
Construction
Clapboard/Masonite
Lot Size
0.01 sq ft
Condition
Blt./Standing
MLS #
2107655
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Subdivision
WATERSIDE
County
Salt Lake
Zoning
Multi-Family
Construction
Clapboard/Masonite
Lot Size
0.01 sq ft
Condition
Blt./Standing
MLS #
2107655
List Price
$269,999
Original Price
$283,000
HOA Fees
$240 / Monthly
Annual Taxes
$1,218
Home Warranty
No
List Price
$269,999
Original Price
$283,000
HOA Fees
$240 / Monthly
Annual Taxes
$1,218
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Basement
None
Materials
Clapboard/Masonite
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Basement
None
Materials
Clapboard/Masonite
Appliances
Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
1
Total Parking
1
Covered Spaces
1
Total Parking
1
Classification
Standard
Deal Score
50/100
vs Similar Homes
3% above
vs Market Median
2% below
Price Reduced
4.6%
Area Growth (YoY)
1.5%
Deal Score Breakdown
50/100
Priced 2% below the per-subtype city median
5% price reduction from original list — seller may be motivated
Priced 3% above the median of similar listings
1.5% year-over-year ZHVI growth in this area
LT net cashflow -$1,118/mo (-54.1% return on ownership cost) · STR net cashflow -$1,060/mo (-51.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$1,080/mo
Range: $783 – $1,376
Net Monthly Cash Flow
−$1,118 /mo (−$13,418/yr)
Monthly rental income
Monthly ownership cost
Coverage
52%
Net /mo
−$1,118
DSCR
0.70
Est. Annual Revenue
$17,291/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,059 /mo (−$12,711/yr)
Monthly STR income
Monthly ownership cost
Coverage
70%
Net /mo
−$1,060
DSCR
0.74
Elementary
CopperviewMiddle School
MidvaleHigh School
HillcrestSchool District
Canyons
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$440,000
-39% vs median
56 days
96
$234,900 – $768,112
$1,218
$240/monthly
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