1 / 46
165 N RIVER E RD, Midway, UT 84049
$1,300,000
165 N RIVER E RD, Midway, UT 84049
Type
SFR
List Price
$1.30M
Price/Sqft
$613
Est Gross Yield
4.8%
$62,700/yr est.
Property Details
Description
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.
Listed by Matt Hansen · Ivie Avenue Real Estate, LLC
Location
165 N RIVER E RD, Midway, UT 84049
Proforma
Drag sliders to explore the deal
Cap Rate
3.21%
Cash-on-Cash
-3.92%
Cash Flow
-$1,592/mo
Quick estimates only. Switch to Detailed for full line-item control.
Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.
© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/27/2026, 6:20:13 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.