1205 WATERSIDE, Midvale, UT 84047
1BD/—BA Residential in Midvale, UT 84047. 610 sqft. Built 1985. Listed at $235,000. MLS #2125600.
1BD/—BA Residential in Midvale, UT 84047. 610 sqft. Built 1985. Listed at $235,000. MLS #2125600.
Bright, updated, and ideally located-this is one of the most affordable ways to own in the highly desirable Waterside community. This 1-bedroom, 1-bath condo offers a functional open layout with granite countertops, LVP flooring, and a modern kitchen designed for everyday ease. A brand-new water heater and included stackable washer and dryer make this truly move-in ready. Enjoy a private covered patio with additional storage and direct access to the pool and community amenities. Why rent when you can own? This condo is a perfect fit for first-time buyers, low-maintenance living, or investors looking for strong rental potential. Rentals are allowed, offering flexibility for both personal use and income. The Waterside community features a pool, spa, clubhouse, and beautifully maintained grounds, with an HOA that covers many major expenses-keeping ownership simple and predictable. Located minutes from shopping, dining, freeway access, and the Cottonwood Canyons, this is convenience and lifestyle in one of the valley's most accessible locations.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
WATERSIDE CONDOMINIU
County
Salt Lake
Zoning
Multi-Family, Short Term Rental Allowed
Construction
Clapboard/Masonite
Lot Size
0.01 sq ft
Above Grade Area
610 sq ft
Condition
Blt./Standing
MLS #
2125600
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
WATERSIDE CONDOMINIU
County
Salt Lake
Zoning
Multi-Family, Short Term Rental Allowed
Construction
Clapboard/Masonite
Lot Size
0.01 sq ft
Above Grade Area
610 sq ft
Condition
Blt./Standing
MLS #
2125600
List Price
$235,000
Original Price
$252,000
HOA Fees
$200 / Monthly
Annual Taxes
$1,320
Home Warranty
No
List Price
$235,000
Original Price
$252,000
HOA Fees
$200 / Monthly
Annual Taxes
$1,320
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Clapboard/Masonite
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Clapboard/Masonite
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Covered Spaces
1
Total Parking
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
85/100
vs Similar Homes
13% below
vs Market Median
9% below
Price Reduced
6.8%
Area Growth (YoY)
1.5%
Deal Score Breakdown
85/100 · 3 qualifying signals
Priced 13% below the median of similar listings
Priced 9% below the per-subtype city median
7% price reduction from original list — seller may be motivated
1.5% year-over-year ZHVI growth in this area
LT net cashflow -$1,105/mo (-61.0% return on ownership cost) · STR net cashflow -$1,127/mo (-62.2% 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
$805/mo
Range: $584 – $1,026
Net Monthly Cash Flow
−$1,105 /mo (−$13,258/yr)
Monthly rental income
Monthly ownership cost
Coverage
44%
Net /mo
−$1,105
DSCR
0.60
Est. Annual Revenue
$11,766/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,126 /mo (−$13,516/yr)
Monthly STR income
Monthly ownership cost
Coverage
54%
Net /mo
−$1,127
DSCR
0.58
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$440,000
-47% vs median
56 days
96
$234,900 – $768,112
$1,320
$200/monthly
Select agents you’d like to hear from. They’ll be notified of your interest — your contact details stay private until you choose to respond.

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Daryn Edmunds - High Road Properties

Devin Tanner - Utah Realtor
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Built with AI to help you find your perfect home
Powered by AI • Secured by Supabase • Trusted by Agents