7493 RIO GRANDE, Midvale, UT 84047
2BD/—BA Residential in Midvale, UT 84047. 1,088 sqft. Built 1906. Listed at $375,000. MLS #2150942.
2BD/—BA Residential in Midvale, UT 84047. 1,088 sqft. Built 1906. Listed at $375,000. MLS #2150942.
Large lot! Home can be rehabbed but it is a full gut job. Currently working on subdividing the lot into two lots suited for single family home development. There is also space for an ADU. Call for details
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
1
County
Salt Lake
Zoning
Single-Family
Lot Size
0.34 sq ft
Above Grade Area
1,088 sq ft
Condition
Blt./Standing
MLS #
2150942
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
1
County
Salt Lake
Zoning
Single-Family
Lot Size
0.34 sq ft
Above Grade Area
1,088 sq ft
Condition
Blt./Standing
MLS #
2150942
List Price
$375,000
Annual Taxes
$1,617
Home Warranty
No
List Price
$375,000
Annual Taxes
$1,617
Home Warranty
No
Basement
None
Water Source
Culinary
Sewer
Sewer: Connected
Basement
None
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
95/100
vs Similar Homes
24% below
vs Market Median
8% above
Area Growth (YoY)
2.9%
Deal Score Breakdown
95/100 · 1 qualifying signal
Priced 24% below the median of similar listings
Priced 8% above the per-subtype city median
2.9% year-over-year ZHVI growth in this area
LT net cashflow -$1,359/mo (-54.0% return on ownership cost) · STR net cashflow -$1,266/mo (-50.3% 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
Monthly Rent
$1,316/mo
Range: $718 – $1,915
Net Monthly Cash Flow
−$1,359 /mo (−$16,310/yr)
Monthly rental income
Monthly ownership cost
Coverage
52%
Net /mo
−$1,359
DSCR
0.62
Est. Annual Revenue
$21,442/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,266 /mo (−$15,196/yr)
Monthly STR income
Monthly ownership cost
Coverage
71%
Net /mo
−$1,266
DSCR
0.66
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$449,900
-17% vs median
48 days
99
$250,000 – $850,000
$1,617
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