487 1ST, Midvale, UT 84047
4BD/—BA Residential in Midvale, UT 84047. 2,224 sqft. Built 1917. Listed at $500,000. MLS #2166644.
4BD/—BA Residential in Midvale, UT 84047. 2,224 sqft. Built 1917. Listed at $500,000. MLS #2166644.
$500,000
Charming Midvale rambler featuring 4 bedrooms, 2 bathrooms, and 2,224 sq ft of living space. Updated kitchen, spacious layout, full basement, detached 2 car garage, on a super quiet street. Conveniently located near shopping, dining, schools, parks, and freeway access. Move-in ready! Just a short walk to downtown Midvale. Square footage figures are provided as a courtesy estimate only and were obtained from tax records. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
AMUNDSON
County
Salt Lake
Zoning
Single-Family
Construction
Aluminum
Lot Size
0.12 sq ft
Above Grade Area
1,112 sq ft
Condition
Blt./Standing
MLS #
2166644
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
AMUNDSON
County
Salt Lake
Zoning
Single-Family
Construction
Aluminum
Lot Size
0.12 sq ft
Above Grade Area
1,112 sq ft
Condition
Blt./Standing
MLS #
2166644
List Price
$500,000
Annual Taxes
$2,755
Home Warranty
No
List Price
$500,000
Annual Taxes
$2,755
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Vinyl
Basement
Full
Materials
Aluminum
Appliances
Dryer,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Vinyl
Basement
Full
Materials
Aluminum
Appliances
Dryer,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Why this is a deal
Classification
Standard
Deal Score
70/100
vs Similar Homes
9% below
vs Market Median
9% below
Area Growth (YoY)
2.9%
Deal Score Breakdown
70/100 · 2 qualifying signals
Priced 9% below the median of similar listings
Priced 9% below the per-subtype city median
2.9% year-over-year ZHVI growth in this area
LT net cashflow -$1,112/mo (-32.5% return on ownership cost) · STR net cashflow -$887/mo (-25.9% 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
$2,625/mo
Range: $1,798 – $3,453
Net Monthly Cash Flow
−$1,112 /mo (−$13,343/yr)
Monthly rental income
Monthly ownership cost
Coverage
77%
Net /mo
−$1,112
DSCR
0.91
Est. Annual Revenue
$43,449/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$887 /mo (−$10,646/yr)
Monthly STR income
Monthly ownership cost
Coverage
106%
Net /mo
−$887
DSCR
1.00
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$444,900
+12% vs median
53 days
105
$219,999 – $850,000
$2,755
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.

Daryn Edmunds - High Road Properties

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

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