7405 LOCUST, Midvale, UT 84047
2BD/—BA Residential in Midvale, UT 84047. 1,690 sqft. Built 1951. Listed at $425,000. MLS #2167869.
2BD/—BA Residential in Midvale, UT 84047. 1,690 sqft. Built 1951. Listed at $425,000. MLS #2167869.
Welcome to this charming Midvale home tucked on a generous 0.20 acre lot, offering the perfect blend of classic character and modern updates. The next owner can move in with true peace of mind knowing the big ticket items have all been taken care of, including a new roof (2023), new windows (2023), new gutters (2025), new central air, updated furnace and water heater (2021), and a brand new sprinkler system (2025). The partially finished basement offers additional living space with room to grow and add value over time. Out back, the expansive yard is an outdoor lover's dream with plenty of room to roam and coveted RV parking. Homes offering this level of mechanical updates, outdoor space, and RV parking at this price point in the Salt Lake Valley are increasingly hard to find. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
BARTON & SONS
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.2 sq ft
Above Grade Area
845 sq ft
Condition
Blt./Standing
MLS #
2167869
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
BARTON & SONS
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.2 sq ft
Above Grade Area
845 sq ft
Condition
Blt./Standing
MLS #
2167869
List Price
$425,000
Annual Taxes
$2,189
Home Warranty
No
List Price
$425,000
Annual Taxes
$2,189
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood,Vinyl
Basement
Full
Materials
Brick
Appliances
Range Hood,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood,Vinyl
Basement
Full
Materials
Brick
Appliances
Range Hood,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Why this is a deal
Classification
Exceptional DealDeal Score
100/100
vs Similar Homes
23% below
vs Market Median
11% below
Area Growth (YoY)
2.9%
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 23% below the median of similar listings
Priced 11% below the per-subtype city median
2.9% year-over-year ZHVI growth in this area
LT net cashflow -$1,345/mo (-46.7% return on ownership cost) · STR net cashflow -$1,253/mo (-43.5% 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
$1,747/mo
Range: $1,196 – $2,297
Net Monthly Cash Flow
−$1,345 /mo (−$16,146/yr)
Monthly rental income
Monthly ownership cost
Coverage
61%
Net /mo
−$1,345
DSCR
0.72
Est. Annual Revenue
$27,927/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,254 /mo (−$15,051/yr)
Monthly STR income
Monthly ownership cost
Coverage
81%
Net /mo
−$1,253
DSCR
0.76
Elementary
East MidvaleMiddle School
UnionHigh School
HillcrestSchool District
Canyons
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$449,900
-6% vs median
48 days
99
$250,000 – $850,000
$2,189
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