165 RIVER, Midway, UT 84049
4BD/—BA Residential in Midway, UT 84049. 2,120 sqft. Built 1958. Listed at $1,300,000. MLS #2162556.
4BD/—BA Residential in Midway, UT 84049. 2,120 sqft. Built 1958. Listed at $1,300,000. MLS #2162556.
Rare nearly one-acre parcel in Midway's R-1-9 zone with approximately 217 feet of River Road frontage. For the right buyer, this property offers exciting future potential as a spacious homesite, investment property, or possible development opportunity. Zoning may allow for multiple subdivision options and dwelling-unit configurations, subject to city approval. Historically, there were two detached homes on the property. The home to the north has since been demolished, but Seller reports the separate water and sewer utilities for that home remain stubbed and active with Midway City, with ongoing fees currently being paid. The existing home is also connected to utilities. Buyer is advised to verify all zoning, lot dimensions, frontage, subdivision potential, density, utility status, impact fees, and development approvals with the City. Interior photos have been edited for presentation purposes to help buyers envision the home's potential. Sellers are in the final stages of cleaning out the property.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
County
Wasatch
Zoning
Single-Family, Multi-Family, Agricultural
Construction
Asbestos
Lot Size
0.98 sq ft
Above Grade Area
2,120 sq ft
Condition
Blt./Standing
MLS #
2162556
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
2
County
Wasatch
Zoning
Single-Family, Multi-Family, Agricultural
Construction
Asbestos
Lot Size
0.98 sq ft
Above Grade Area
2,120 sq ft
Condition
Blt./Standing
MLS #
2162556
List Price
$1,300,000
Annual Taxes
$2,780
Home Warranty
No
List Price
$1,300,000
Annual Taxes
$2,780
Home Warranty
No
Heating
Forced Air,Gas: Central
Roof
Metal
Flooring
Carpet,Linoleum,Vinyl
Basement
None
Materials
Asbestos
Laundry
Gas Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary,Irrigation: Pressure,Secondary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Roof
Metal
Flooring
Carpet,Linoleum,Vinyl
Basement
None
Materials
Asbestos
Laundry
Gas Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary,Irrigation: Pressure,Secondary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
2
Total Parking
4
Covered Spaces
2
Total Parking
4
Classification
Standard
Deal Score
10/100
vs Similar Homes
24% above
vs Market Median
60% above
Area Growth (YoY)
-0.7%
Deal Score Breakdown
10/100
Priced 24% above the median of similar listings
Priced 60% above the per-subtype city median
-0.7% year-over-year ZHVI growth in this area
LT net cashflow -$5,612/mo (-66.1% return on ownership cost) · STR net cashflow -$8,211/mo (-96.7% 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
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.
Monthly Rent
$3,271/mo
Range: $2,294 – $4,248
Net Monthly Cash Flow
−$5,612 /mo (−$67,340/yr)
Monthly rental income
Monthly ownership cost
Coverage
39%
Net /mo
−$5,612
DSCR
0.44
Est. Annual Revenue
$4,787/yr
$215/night · 18% occupancy · $79/bedroom · $0.12/sqft
Net Monthly Cash Flow
−$8,212 /mo (−$98,541/yr)
Monthly STR income
Monthly ownership cost
Coverage
5%
Net /mo
−$8,211
DSCR
0.04
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$1,023,000
+27% vs median
94 days
98
$15,000 – $9,400,000
$2,780
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Devin Tanner - Utah Realtor

Daryn Edmunds - High Road Properties
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