7923 MAIN, Midvale, UT 84047
2BD/—BA Residential in Midvale, UT 84047. 856 sqft. Built 1980. Listed at $250,000. MLS #2164119.
2BD/—BA Residential in Midvale, UT 84047. 856 sqft. Built 1980. Listed at $250,000. MLS #2164119.
Welcome home to this charming 2-bedroom, 1.5-bath condo in the heart of Midvale! This well-maintained home offers a functional two-story layout with the living room, kitchen, and half bath on the main level, while both bedrooms and the full bathroom are conveniently located upstairs. Enjoy the added bonus of a private backyard space, perfect for relaxing, gardening, or entertaining, along with extra storage for all your seasonal and household needs. All appliances are included, making this home truly move-in ready. Ideally located near I-15, shopping, restaurants, public transportation, and everyday conveniences, this property offers both comfort and accessibility. Whether you're a first-time homebuyer looking for an affordable place to call home or an investor seeking a great rental opportunity, this condo is a fantastic value in a desirable Midvale location. Don't miss your chance to own this great property! May qualify for the Midvale City Down Payment Assistance Program, a loan of up to $25,000 for first time home buyers. More info at Midvale City Website. Square footage figures are provided as a courtesy estimate only and were obtained from Appraisal. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Stories: 2
Stories
2
Subdivision
ELM TREE CONDO
County
Salt Lake
Zoning
Multi-Family
Construction
Stucco
Lot Size
0.01 sq ft
Above Grade Area
856 sq ft
Condition
Blt./Standing
MLS #
2164119
Property Type
Residential
Property Style
Condominium
Architectural Style
Stories: 2
Stories
2
Subdivision
ELM TREE CONDO
County
Salt Lake
Zoning
Multi-Family
Construction
Stucco
Lot Size
0.01 sq ft
Above Grade Area
856 sq ft
Condition
Blt./Standing
MLS #
2164119
List Price
$250,000
HOA Fees
$225 / Monthly
Annual Taxes
$1,472
Home Warranty
No
List Price
$250,000
HOA Fees
$225 / Monthly
Annual Taxes
$1,472
Home Warranty
No
Heating
Electric
Cooling
Window Unit(s)
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None,Slab
Materials
Stucco
Appliances
Portable Dishwasher,Dryer,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Electric
Cooling
Window Unit(s)
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None,Slab
Materials
Stucco
Appliances
Portable Dishwasher,Dryer,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
1
Total Parking
2
Covered Spaces
1
Total Parking
2
Why this is a deal
Classification
Exceptional DealDeal Score
100/100
vs Similar Homes
33% below
vs Market Median
12% below
Area Growth (YoY)
2.9%
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 33% below the median of similar listings
Priced 12% below the per-subtype city median
2.9% year-over-year ZHVI growth in this area
LT net cashflow -$755/mo (-39.0% return on ownership cost) · STR net cashflow -$853/mo (-44.1% 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
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
$1,342/mo
Range: $1,199 – $1,485
Net Monthly Cash Flow
−$755 /mo (−$9,059/yr)
Monthly rental income
Monthly ownership cost
Coverage
69%
Net /mo
−$755
DSCR
0.94
Est. Annual Revenue
$18,568/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$853 /mo (−$10,231/yr)
Monthly STR income
Monthly ownership cost
Coverage
80%
Net /mo
−$853
DSCR
0.86
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$449,900
-44% vs median
48 days
99
$250,000 – $850,000
$1,472
$225/monthly
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