521 TIFFANY TOWN, Midvale, UT 84047
8BD/—BA Residential in Midvale, UT 84047. 3,600 sqft. Built 1977. Listed at $1,120,000. MLS #2171517.
8BD/—BA Residential in Midvale, UT 84047. 3,600 sqft. Built 1977. Listed at $1,120,000. MLS #2171517.
NEW ROOF (2026) and ALL THREE UNITS ARE FURNISHED.. Exceptional Four-Plex Investment Opportunity in the Heart of Midvale Don't miss this outstanding opportunity to own a well-maintained four-unit apartment building in the heart of Midvale, offering stable rental income and an unbeatable central location. All four units have been consistently occupied for the past 3 years, making this an ideal turnkey investment for both seasoned and first-time investors. Each spacious unit offers approximately 900 square feet of comfortable living space and features two bedrooms and one full bathroom. Interiors include a combination of carpet, tile, and luxury vinyl flooring, central air conditioning (updated approximately two years ago), washer and dryer hookups, private storage closets, and two dedicated off-street parking spaces per unit. Each apartment also comes equipped with a refrigerator, range, and oven. The furnaces and water heaters have been updated within the last few years, providing added value and peace of mind. NEW ROOF and BLINDS Residents enjoy a welcoming shared outdoor space featuring a fully fenced yard, mature shade trees, lush grass, and a patio area-perfect for relaxing or gathering outdoors. One of this property's greatest advantages is its exceptional location. Conveniently situated just minutes from I-15 and I-215, commuting throughout the Salt Lake Valley is quick and easy. Outdoor enthusiasts will appreciate immediate access to the scenic Jordan River Parkway Trail, offering miles of walking, running, and biking paths. Midvale City Park is just down the street and provides playgrounds, sports fields, picnic areas, and open green space. The property is also close to a wide variety of shopping, dining, and entertainment options, including Fashion Place Mall, Topgolf, Gardner Village, restaurants, grocery stores, coffee shops, and everyday conveniences. Nearby TRAX light rail stations and public transportation make commuting even more accessible. The area is served by schools, medical facilities, fitness centers, and numerous local businesses, enhancing its appeal to long-term tenants. This is a rare opportunity to acquire a strong income-producing property in one of Salt Lake County's most convenient and desirable rental markets. AIRBNB Investment Alert! Positive CASH Flow. Upon request, the Airbnb P&L statement will be made available. ALL THE THREE UNITS ARE FURNISHED! Please contact the listing agent for detailed income and expense information, rent history, and additional property details. Information provided is deemed reliable but is not guaranteed. Buyers and buyers' agents are encouraged to verify all information independently.
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Stories: 2
Subdivision
TIFFANY TOWN SUB
County
Salt Lake
Zoning
Multi-Family, Short Term Rental Allowed
Lot Size
0.22 sq ft
Condition
Blt./Standing
MLS #
2171517
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Stories: 2
Subdivision
TIFFANY TOWN SUB
County
Salt Lake
Zoning
Multi-Family, Short Term Rental Allowed
Lot Size
0.22 sq ft
Condition
Blt./Standing
MLS #
2171517
List Price
$1,120,000
Annual Taxes
$5,900
Home Warranty
No
List Price
$1,120,000
Annual Taxes
$5,900
Home Warranty
No
Heating
Forced Air
Roof
Asphalt
Flooring
Tile
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary,Irrigation
Sewer
Sewer: Connected
Heating
Forced Air
Roof
Asphalt
Flooring
Tile
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary,Irrigation
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
8
Covered Spaces
0
Total Parking
8
Classification
Standard
Deal Score
25/100
vs Market Median
26% above
Area Growth (YoY)
2.7%
Deal Score Breakdown
25/100
2.7% year-over-year ZHVI growth in this area
Priced 26% above the per-subtype city median
STR net cashflow -$3,501/mo (-45.2% 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.
Est. Annual Revenue
$72,714/yr
$355/night · 41% occupancy · $124/bedroom · $0.37/sqft
Net Monthly Cash Flow
−$3,501 /mo (−$42,017/yr)
Monthly STR income
Monthly ownership cost
Coverage
78%
Net /mo
−$3,501
DSCR
0.74
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$450,000
+149% vs median
47 days
99
$234,000 – $833,000
$5,900
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