7689 LOCUST, Midvale, UT 84047
5BD/—BA Residential in Midvale, UT 84047. 2,416 sqft. Built 1931. Listed at $450,000. MLS #2142870.
5BD/—BA Residential in Midvale, UT 84047. 2,416 sqft. Built 1931. Listed at $450,000. MLS #2142870.
OPPORTUNITY AWAITS with this 2400+ sq ft home full of charm and potential! Featuring 5 bedrooms, 3 bathrooms, 4 separate entrances, and SF-2 zoning this home offers rare flexibility and exciting possibilitiesfor anADU or mother-in-law apartment. Bring your vision and buildinstant sweat equity. Upgrades already in place include anewer main water line, furnace, and AC, providing a solid starting point for renovations. Step outside to thespacious backyard lot included with the sale, perfect for expansion, gardening, or creating a private outdoor retreat. The property includes adetached 1 car garageand adetached workshop (workshop is in rough condition). Located just minutes fromMidvale City Park,Midvale Middle & Elementary Schools, TRAX Light Rail,restaurants, shopping, I-15 & I-215, and only a short drive todowntown Salt Lake City, the airport, and world-class mountain recreation. You'll also love being close to the vibrant character ofHistoric Downtown Midvale! Property to be sold AS-IS. All information is deemed reliable but not guaranteed. Buyers are advised to verify all information.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
AMUNDSON
County
Salt Lake
Zoning
Single-Family
Construction
Stucco
Lot Size
0.17 sq ft
Above Grade Area
1,384 sq ft
Condition
Blt./Standing
MLS #
2142870
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
AMUNDSON
County
Salt Lake
Zoning
Single-Family
Construction
Stucco
Lot Size
0.17 sq ft
Above Grade Area
1,384 sq ft
Condition
Blt./Standing
MLS #
2142870
List Price
$450,000
Annual Taxes
$2,171
Home Warranty
No
List Price
$450,000
Annual Taxes
$2,171
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Linoleum,Tile
Basement
Entrance,Full,Walk-Out Access
Materials
Stucco
Appliances
Refrigerator,Water Softener Owned
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Linoleum,Tile
Basement
Entrance,Full,Walk-Out Access
Materials
Stucco
Appliances
Refrigerator,Water Softener Owned
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
1
Covered Spaces
1
Total Parking
4
Garage Spaces
1
Covered Spaces
1
Total Parking
4
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
90/100
vs Similar Homes
18% below
vs Market Median
8% below
Area Growth (YoY)
3.0%
Deal Score Breakdown
90/100 · 2 qualifying signals
Priced 18% below the median of similar listings
Priced 8% below the per-subtype city median
3.0% year-over-year ZHVI growth in this area
LT net cashflow -$301/mo (-9.8% return on ownership cost) · STR net cashflow -$75/mo (-2.5% 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
Monthly Rent
$3,134/mo
Range: $2,053 – $4,216
Net Monthly Cash Flow
−$301 /mo (−$3,609/yr)
Monthly rental income
Monthly ownership cost
Coverage
103%
Net /mo
−$301
DSCR
1.21
Est. Annual Revenue
$51,152/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$74 /mo (−$889/yr)
Monthly STR income
Monthly ownership cost
Coverage
139%
Net /mo
−$75
DSCR
1.31
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$440,000
+2% vs median
56 days
96
$234,900 – $768,112
$2,171
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