254 PIONEER, Midvale, UT 84047
8BD/—BA Residential in Midvale, UT 84047. 2,964 sqft. Built 1973. Listed at $650,000. MLS #2145384.
8BD/—BA Residential in Midvale, UT 84047. 2,964 sqft. Built 1973. Listed at $650,000. MLS #2145384.
Excellent income-producing opportunity! This all-brick side-by-side duplex offers two spacious units, each with 4 bedrooms and 2 bathrooms-perfect for maximizing rental income. Built in 1973 and updated in 2003, the property provides a solid foundation with key improvements already in place. Strong potential for cash flow, house hacking, or long-term investment. Opportunities like this are hard to find! MUST GIVE 24 HOUR NOTICE.
Property Type
Residential
Property Style
Duplex
Architectural Style
Side By Side
Subdivision
PIONEER
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.22 sq ft
Condition
Blt./Standing
MLS #
2145384
Property Type
Residential
Property Style
Duplex
Architectural Style
Side By Side
Subdivision
PIONEER
County
Salt Lake
Zoning
Multi-Family
Construction
Brick
Lot Size
0.22 sq ft
Condition
Blt./Standing
MLS #
2145384
List Price
$650,000
Original Price
$700,000
Annual Taxes
$3,856
Home Warranty
No
List Price
$650,000
Original Price
$700,000
Annual Taxes
$3,856
Home Warranty
No
Heating
Gas: Central
Roof
Asphalt
Flooring
Carpet,Tile
Materials
Brick
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Gas: Central
Roof
Asphalt
Flooring
Carpet,Tile
Materials
Brick
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
2
Total Parking
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
68/100
vs Similar Homes
2% below
vs Market Median
11% above
Price Reduced
7.1%
Area Growth (YoY)
2.9%
Deal Score Breakdown
68/100 · 1 qualifying signal
7% price reduction from original list — seller may be motivated
Priced 2% below the median of similar listings
2.9% year-over-year ZHVI growth in this area
STR net cashflow -$498/mo (-11.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 11% above the per-subtype city median
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
$68,114/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$499 /mo (−$5,990/yr)
Monthly STR income
Monthly ownership cost
Coverage
127%
Net /mo
−$498
DSCR
1.21
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$444,900
+46% vs median
53 days
106
$239,900 – $850,000
$3,856
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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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