7045 300, Midvale, UT 84047
12BD/—BA Residential in Midvale, UT 84047. 13,040 sqft. Built 2022. Listed at $2,900,000. MLS #2157589.
12BD/—BA Residential in Midvale, UT 84047. 13,040 sqft. Built 2022. Listed at $2,900,000. MLS #2157589.
Rare opportunity to acquire a fully built, income-producing fourplex in Midvale comprised of two sets of luxury twin homes. Built in 2022 with concrete construction, these units offer exceptional durability, sound separation, and energy efficiency rarely found in the rental market. Each unit spans approximately 3,260 sq ft with 3 bedrooms, 2 full and 2 half bathrooms, an upper level family room, a fully finished basement, and a 2-car garage, totaling 13,040 sq ft across the property with 8 garage stalls. Interiors feature polished concrete floors on the main level, a modern kitchen with white cabinetry, a large island and gas range, a primary suite with a walk-in closet and private ensuite, and a finished basement recreation room. Rental income is approximately $4,000 per month each, with three currently occupied and one vacant and ready for immediate occupancy or owner use. Conveniently located near shopping, dining, and major commuter routes with quick access to I-15. Measurements provided as a courtesy only. 7049 S 300 E Midvale, UT 84047 | 22-30-201-033. 7045 S 300 E Midvale, UT 84047 | 22-30-201-034. 7033 S 300 E Midvale, UT 84047 | 22-30-201-031. 7029 S 300 E Midvale, UT 84047 | 22-30-201-030. Buyer to verify all information.
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Side By Side
County
Salt Lake
Zoning
Multi-Family
Construction
Concrete,Stucco
Lot Size
0.38 sq ft
Condition
Blt./Standing
MLS #
2157589
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Side By Side
County
Salt Lake
Zoning
Multi-Family
Construction
Concrete,Stucco
Lot Size
0.38 sq ft
Condition
Blt./Standing
MLS #
2157589
List Price
$2,900,000
Annual Taxes
$19,083
Home Warranty
No
List Price
$2,900,000
Annual Taxes
$19,083
Home Warranty
No
Heating
Electric,>= 95% efficiency
Roof
Asphalt
Flooring
Carpet,Concrete
Materials
Concrete,Stucco
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Electric,>= 95% efficiency
Roof
Asphalt
Flooring
Carpet,Concrete
Materials
Concrete,Stucco
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
8
Covered Spaces
8
Total Parking
16
Garage Spaces
8
Covered Spaces
8
Total Parking
16
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
100/100
vs Market Median
30% below
Area Growth (YoY)
3.3%
Deal Score Breakdown
100/100 · 1 qualifying signal
Priced 30% below the per-subtype city median
3.3% year-over-year ZHVI growth in this area
STR net cashflow -$13,351/mo (-67.1% 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
Not enough comparable listings
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
$112,407/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$13,350 /mo (−$160,196/yr)
Monthly STR income
Monthly ownership cost
Coverage
47%
Net /mo
−$13,351
DSCR
0.45
Elementary
East MidvaleMiddle School
MidvaleHigh School
HillcrestSchool District
Canyons
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$440,000
+559% vs median
56 days
91
$235,000 – $768,112
$19,083
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