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20 W LESTER AVE photo 11 / 37

$275,000

20 W LESTER AVE, Murray, UT 84107

Type

Condo

List Price

$275,000

Price/Sqft

$297

Est Gross Yield

6.7%

$18,396/yr est.

Property Details

Property typeCondo
Year built1974
Total units1
Living area926 sqft
Bedrooms2
Bathrooms2
Lot size0.01 acres
Parking1 spaces
Days on market2
Listed2026-07-20T00:00:00+00:00

Description

Welcome home to this well-maintained Murray condo, ideally situated in one of the area's most convenient locations. Fresh interior paint, updated light fixtures, and new kitchen cabinet hardware give the home a clean, refreshed feel that's ready for its next owner. Enjoy your morning coffee or unwind after a long day on the private balcony, with plenty of space for flowers, potted plants, or even a small vegetable garden. Built in 1974, this established community is known for its mature landscaping, abundant green space, swimming pool, updated clubhouse, and network of walking and jogging trails that wind throughout the neighborhood-perfect for daily walks, exercising, or spending time outdoors with your dog. Location is where this condo truly shines. Just moments from State Street, I-15, and I-215, you'll enjoy quick access to virtually anywhere in the Salt Lake Valley. Fashion Place Mall, Sam's Club, grocery stores, shopping, restaurants, and entertainment are all within minutes. World-class recreation is also nearby, with Big and Little Cottonwood Canyons less than 10 minutes away for skiing, hiking, mountain biking, and year-round outdoor adventures. Downtown Salt Lake City is only a 10-15 minute drive, making commuting or enjoying the city's dining, nightlife, concerts, and events incredibly convenient. Whether you're looking for your first home, a low-maintenance lifestyle, or an excellent investment opportunity, this Murray condo offers an unbeatable combination of comfort, convenience, and location.

Listed by Tanen Bodell · KW WESTFIELD

Location

20 W LESTER AVE, Murray, UT 84107

Proforma

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Cap Rate

4.45%

Cash-on-Cash

-0.61%

Cash Flow

-$52/mo

Purchase Price$275,000
Down Payment35% ($96,250)
Interest Rate6.00%
Monthly Rent$1,533/mo
Vacancy5%
Expense Ratio30% ($5,243)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 7/22/2026, 9:08:59 PM. 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.