4650 700, Murray, UT 84107
3BD/—BA Residential in Murray, UT 84107. 2,276 sqft. Built 1950. Listed at $807,000. MLS #2174086.
3BD/—BA Residential in Murray, UT 84107. 2,276 sqft. Built 1950. Listed at $807,000. MLS #2174086.
A Shop Like This Is Almost Impossible to Find. If you've been searching for a property with a true workshop-not just another oversized garage-this is the one. Set back from the road for added privacy and convenience, this move-in-ready Murray property combines a comfortable ~1600 Sqft 3-bedroom home with an exceptional 1,600 sq. ft. detached shop. The home has been exceptionally maintained and is completely move-in ready. Fresh, clean finishes throughout mean no renovation projects waiting after closing. The efficient kitchen makes excellent use of space while offering a beautiful view of Mount Olympus. Three large bedrooms, a spacious front room that works equally well as a family room or TV room, and a clean, functional basement provide flexible living space. Thick masonry construction contributes to impressively low utility costs and year-round comfort. The shop features a 12-foot ceiling open-span interior, a 12' wide by 10' high overhead door, bright skylights, extensive built-in storage, and its own separate electrical service with dedicated meter and panel. The shop is exceptionally well equipped with abundant 120V and 240V power throughout and includes a copper compressed-air distribution system, making it ready for serious woodworking, fabrication, automotive work, machinery, or virtually any hobby or small business. The shop is heated by both a gas forced-air furnace and a wood-burning stove, while an evaporative cooler keeps it blissfully cool even during Utah's hottest summer days. The open floor plan easily accommodates your equipment and multiple vehicles while still providing generous work areas. The shop is thoughtfully divided into a large main workspace plus a separate room with its own exterior entrance and connecting interior door, making it ideal for an office, showroom, hobby room, studio, or private retreat. With its existing restroom, separate electrical service, and private access, it also presents outstanding potential for an Accessory Dwelling Unit (ADU) or income-producing space with additional improvements, subject to buyer verification and local approvals. Whether you're a craftsman, fabricator, contractor, cabinetmaker, automotive enthusiast, collector, entrepreneur, or anyone who has struggled to find a property with truly usable workspace, opportunities like this rarely become available. Outside you'll find a beautifully landscaped, easy-care yard featuring approximately 100 feet of seedless grape vines. A serene, private patio provides a quiet retreat for entertaining or relaxing. The property also includes a large driveway, generous off-street parking, dedicated RV parking, and an RV dump/cleanout-features that are increasingly difficult to find together. Located with exceptionally convenient access to I-15, I-215, downtown Salt Lake City, and the east side of the valley, this property offers the perfect combination of accessibility, functionality, and flexibility. No-Fuss Properties with a house and shop of this caliber rarely become available. Your dream property has a shop as big as the house, and this one is it.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Salt Lake
Construction
Stucco
Lot Size
0.3 sq ft
Above Grade Area
1,592 sq ft
Condition
Blt./Standing
MLS #
2174086
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Salt Lake
Construction
Stucco
Lot Size
0.3 sq ft
Above Grade Area
1,592 sq ft
Condition
Blt./Standing
MLS #
2174086
List Price
$807,000
Annual Taxes
$3,250
Home Warranty
No
List Price
$807,000
Annual Taxes
$3,250
Home Warranty
No
Heating
Forced Air
Cooling
Central Air,Evaporative Cooling
Roof
Asphalt,Rubber
Flooring
Carpet,Hardwood,Tile
Basement
Partial
Materials
Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air
Cooling
Central Air,Evaporative Cooling
Roof
Asphalt,Rubber
Flooring
Carpet,Hardwood,Tile
Basement
Partial
Materials
Stucco
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
3
Covered Spaces
3
Total Parking
6
Garage Spaces
3
Covered Spaces
3
Total Parking
6
Classification
Standard
Deal Score
25/100
vs Similar Homes
22% above
vs Market Median
22% above
Area Growth (YoY)
2.2%
Deal Score Breakdown
25/100
2.2% year-over-year ZHVI growth in this area
Priced 22% above the median of similar listings
Priced 22% above the per-subtype city median
LT net cashflow -$2,791/mo (-50.8% return on ownership cost) · STR net cashflow -$3,186/mo (-58.0% 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
$3,073/mo
Range: $2,021 – $4,125
Net Monthly Cash Flow
−$2,792 /mo (−$33,500/yr)
Monthly rental income
Monthly ownership cost
Coverage
56%
Net /mo
−$2,791
DSCR
0.65
Est. Annual Revenue
$39,599/yr
$384/night · 39% occupancy · $133/bedroom · $0.41/sqft
Net Monthly Cash Flow
−$3,186 /mo (−$38,229/yr)
Monthly STR income
Monthly ownership cost
Coverage
60%
Net /mo
−$3,186
DSCR
0.56
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$525,000
+54% vs median
52 days
136
$199,900 – $2,000,000
$3,250
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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