620 2ND, Midvale, UT 84047
3BD/—BA Residential in Midvale, UT 84047. 1,382 sqft. Built 1917. Listed at $550,000. MLS #2128157.
3BD/—BA Residential in Midvale, UT 84047. 1,382 sqft. Built 1917. Listed at $550,000. MLS #2128157.
DO NOT DISTURB TENANTS. OFFER REQUIRED TO SHOW. VIEW 3D TOUR & ATTACHMENTS. A+ Grade Tenants & Property w/ no differed maintenance. Turn-key cash-flow! Legal Front & Rear DUPLEX near charming Downtown Historic Midvale. NEW SEWER LINE & 4 MINI SPLITS! Plenty of extra storage for each unit. Fully fenced, private backyard for Rear unit. Front unit gets East driveway. Rear unit gets West driveway. Each unit is sub-metered for gas & power. FRONT rents for $1,720 MTM & REAR rents for $1,395 w/ lease until May 2027. 3D TOUR LINKS *** https://my.matterport.com/show/?m=7ctxdcJyXBV&mls=1 *** https://my.matterport.com/show/?m=X3Touw5vVV9&mls=1
Property Type
Residential
Property Style
Duplex
Architectural Style
Front And Rear
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.11 sq ft
Condition
Blt./Standing
MLS #
2128157
Property Type
Residential
Property Style
Duplex
Architectural Style
Front And Rear
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.11 sq ft
Condition
Blt./Standing
MLS #
2128157
List Price
$550,000
Annual Taxes
$2,467
Home Warranty
No
List Price
$550,000
Annual Taxes
$2,467
Home Warranty
No
Heating
Electric,Gravity,Heat Pump
Roof
Asphalt
Flooring
Laminate
Materials
Brick
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Electric,Gravity,Heat Pump
Roof
Asphalt
Flooring
Laminate
Materials
Brick
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
0
Total Parking
4
Covered Spaces
0
Total Parking
4
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
85/100
vs Similar Homes
15% below
vs Market Median
21% above
Area Growth (YoY)
2.9%
Deal Score Breakdown
85/100 · 1 qualifying signal
Priced 15% below the median of similar listings
2.9% year-over-year ZHVI growth in this area
Priced 21% above the per-subtype city median
STR net cashflow -$2,019/mo (-54.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
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
Est. Annual Revenue
$29,109/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$2,019 /mo (−$24,232/yr)
Monthly STR income
Monthly ownership cost
Coverage
65%
Net /mo
−$2,019
DSCR
0.61
Elementary
East MidvaleMiddle School
MidvaleHigh School
HillcrestSchool District
Canyons
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$444,900
+24% vs median
53 days
106
$239,900 – $850,000
$2,467
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Daryn Edmunds - High Road Properties

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

Devin Tanner - Utah Realtor
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