7045 300, Midvale, UT 84047
22BD/—BA Residential in Midvale, UT 84047. 23,040 sqft. Built 2022. Listed at $5,899,900. MLS #2175067.
22BD/—BA Residential in Midvale, UT 84047. 23,040 sqft. Built 2022. Listed at $5,899,900. MLS #2175067.
Rare opportunity to acquire a fully built, income-producing six-unit property in Midvale comprised of three sets of luxury twin homes. Built in 2022 with concrete construction, these units offer exceptional durability, sound separation, and energy efficiency rarely found in the rental market. Four of the units span approximately 3,260 sq ft each with 3 bedrooms, 2 full and 2 half bathrooms, an upper level family room, a fully finished basement, and a 2-car garage. The remaining two units span approximately 4,870 sq ft each with 5 bedrooms and 4.5 bathrooms. In total, the property offers approximately 22,780 sq ft across six units with 12 garage stalls. Interiors feature polished concrete floors on the main level, a modern kitchen with white cabinetry, a large island and gas range, a primary suite with a walk-in closet and private ensuite, and a finished basement recreation room. The four 3,260 sq ft units rent for approximately $4,000 per month each, and the two 4,870 sq ft units rent for approximately $5,000 per month each, with all six units currently occupied. Conveniently located near shopping, dining, and major commuter routes with quick access to I-15. Measurements provided as a courtesy only. 7049 S 300 E Midvale, UT 84047 | 22-30-201-033. 7045 S 300 E Midvale, UT 84047 | 22-30-201-034. 7033 S 300 E Midvale, UT 84047 | 22-30-201-031. 7029 S 300 E Midvale, UT 84047 | 22-30-201-030. 7037 S 300 E Midvale, UT 84047 | 22-30-201-032. 7041 S 300 E Midvale, UT 84047 | 22-30-201-035. Buyer to verify all information.
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Side By Side
County
Salt Lake
Zoning
Multi-Family
Construction
Concrete,Stucco
Lot Size
0.38 sq ft
Condition
Blt./Standing
MLS #
2175067
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Side By Side
County
Salt Lake
Zoning
Multi-Family
Construction
Concrete,Stucco
Lot Size
0.38 sq ft
Condition
Blt./Standing
MLS #
2175067
List Price
$5,899,900
Annual Taxes
$19,083
Home Warranty
No
List Price
$5,899,900
Annual Taxes
$19,083
Home Warranty
No
Heating
Electric,>= 95% efficiency
Roof
Asphalt
Flooring
Carpet,Concrete
Materials
Concrete,Stucco
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Electric,>= 95% efficiency
Roof
Asphalt
Flooring
Carpet,Concrete
Materials
Concrete,Stucco
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
12
Covered Spaces
12
Total Parking
24
Garage Spaces
12
Covered Spaces
12
Total Parking
24
Classification
Standard
Deal Score
45/100
vs Market Median
74% above
Area Growth (YoY)
3.1%
Deal Score Breakdown
45/100
3.1% year-over-year ZHVI growth in this area
Priced 74% above the per-subtype city median
STR net cashflow -$26,933/mo (-67.7% 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.
Why this classification
Est. Annual Revenue
$220,383/yr
$355/night · 41% occupancy · $124/bedroom · $0.37/sqft
Net Monthly Cash Flow
−$26,931 /mo (−$323,172/yr)
Monthly STR income
Monthly ownership cost
Coverage
46%
Net /mo
−$26,933
DSCR
0.42
Elementary
East MidvaleMiddle School
MidvaleHigh School
HillcrestSchool District
Canyons
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$450,000
+1211% vs median
47 days
99
$234,000 – $833,000
$19,083
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Daryn Edmunds - High Road Properties

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Devin Tanner - Utah Realtor
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