4005 300, Murray, UT 84107
1BD/—BA Residential in Murray, UT 84107. 750 sqft. Built 1976. Listed at $214,000. MLS #2150020.
1BD/—BA Residential in Murray, UT 84107. 750 sqft. Built 1976. Listed at $214,000. MLS #2150020.
*** SELLERS CONCESSIONS of $2.000 towards closing*** Welcome to easy living in the heart of Murray! This affordable ground -level condo is perfect for first time home buyers, downsizers, or investors looking for a great rental opportunity and passive income potential. Tucked away in a quiet, secluded community, you'll love the peaceful setting while still being just minutes from shopping, dining, TRAX, and easy freeway access - making commuting a breeze. Inside you'll find updated ceramic tile flooring, freshly painted cabinets. Brand new furnace and water heater. Seller is also having a laundry combo installed in the unit which is a rare feature for the property. They also have double pane windows that enhance both comfort and efficiency. Enjoy the convenience of no stairs, covered parking, and a private storage shed, offering both functionality and value. Whether you're looking for a place to call home that is a smart investment to get into to start building equity this property checks all the boxes for low-maintenance living in a prime central location. Opportunities like this don't last long!
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
HEATHER RIDGE CONDM
County
Salt Lake
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
750 sq ft
Condition
Blt./Standing
MLS #
2150020
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
HEATHER RIDGE CONDM
County
Salt Lake
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
750 sq ft
Condition
Blt./Standing
MLS #
2150020
List Price
$214,000
Original Price
$215,000
HOA Fees
$190 / Monthly
Annual Taxes
$1,219
Home Warranty
No
List Price
$214,000
Original Price
$215,000
HOA Fees
$190 / Monthly
Annual Taxes
$1,219
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Brick
Appliances
Range Hood,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Brick
Appliances
Range Hood,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
1
Covered Spaces
0
Total Parking
1
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
85/100
vs Similar Homes
19% below
vs Market Median
2% below
Price Reduced
0.5%
Area Growth (YoY)
2.7%
Deal Score Breakdown
85/100 · 1 qualifying signal
Priced 19% below the median of similar listings
Priced 2% below the per-subtype city median
0% price reduction from original list — seller may be motivated
2.7% year-over-year ZHVI growth in this area
LT net cashflow -$671/mo (-40.8% return on ownership cost) · STR net cashflow -$815/mo (-49.6% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$1,105/mo
Range: $874 – $1,337
Net Monthly Cash Flow
−$671 /mo (−$8,056/yr)
Monthly rental income
Monthly ownership cost
Coverage
67%
Net /mo
−$671
DSCR
0.91
Est. Annual Revenue
$14,207/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$815 /mo (−$9,785/yr)
Monthly STR income
Monthly ownership cost
Coverage
72%
Net /mo
−$815
DSCR
0.78
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$508,000
-58% vs median
67 days
120
$199,900 – $1,450,000
$1,219
$190/monthly
High Crime
14.9
per 1,000
57.8
per 1,000
8.1
per 1,000
80.9
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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Devin Tanner - Utah Realtor
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