617 5TH, Midvale, UT 84047
5BD/—BA Residential in Midvale, UT 84047. 3,577 sqft. Built 2026. Listed at $749,000. MLS #2168017.
5BD/—BA Residential in Midvale, UT 84047. 3,577 sqft. Built 2026. Listed at $749,000. MLS #2168017.
Where thoughtful design meets everyday flexibility, this custom built home offers a rare opportunity to enjoy elevated living with built in income potential. Crafted by a professional builder with Parade of Homes experience and an interior designer, every finish, fixture, and space was carefully selected to create a home that stands apart from ordinary new construction. Natural light, quality craftsmanship, and intentional design flow throughout the home, creating spaces that are as functional as they are beautiful. The fully finished 1 bedroom, 1 bathroom ADU includes its own kitchen, laundry, living room, private entrance, and side parking, making it an ideal space for rental income, extended family, guests, or additional living space for the homeowner. Located in an established neighborhood experiencing exciting revitalization, this home offers the chance to own a truly unique property with lasting value and exceptional versatility. New custom homes are helping shape the future of the area while preserving the character of the community. Property is being sold as is. Come experience the quality, craftsmanship, and intentional design that make this home unlike anything else on the market.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
TATE
County
Salt Lake
Zoning
Single-Family, Short Term Rental Allowed
Construction
Brick,Stucco,Cement Siding
Lot Size
0.11 sq ft
Above Grade Area
2,470 sq ft
Condition
Blt./Standing
MLS #
2168017
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
TATE
County
Salt Lake
Zoning
Single-Family, Short Term Rental Allowed
Construction
Brick,Stucco,Cement Siding
Lot Size
0.11 sq ft
Above Grade Area
2,470 sq ft
Condition
Blt./Standing
MLS #
2168017
List Price
$749,000
Annual Taxes
$1,029
Home Warranty
No
List Price
$749,000
Annual Taxes
$1,029
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Laminate,Tile
Basement
Entrance,Full
Materials
Brick,Stucco,Cement Siding
Appliances
Ceiling Fan,Range Hood
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Laminate,Tile
Basement
Entrance,Full
Materials
Brick,Stucco,Cement Siding
Appliances
Ceiling Fan,Range Hood
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Classification
Strong Cash FlowDeal Score
55/100
vs Similar Homes
22% above
vs Market Median
4% below
Area Growth (YoY)
2.9%
Deal Score Breakdown
55/100
LT net cashflow +$78/mo (+1.6% return on ownership cost) · STR net cashflow -$1,159/mo (-23.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 4% below the per-subtype city median
2.9% year-over-year ZHVI growth in this area
Priced 22% above the median of similar listings
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
$5,593/mo
Range: $3,051 – $8,136
Net Monthly Cash Flow
+$78 /mo (+$933/yr)
Monthly rental income
Monthly ownership cost
Coverage
116%
Net /mo
+$78
DSCR
1.31
Est. Annual Revenue
$63,179/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,157 /mo (−$13,888/yr)
Monthly STR income
Monthly ownership cost
Coverage
109%
Net /mo
−$1,159
DSCR
0.98
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$449,900
+66% vs median
48 days
99
$250,000 – $850,000
$1,029
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