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487 W 1ST S AVE photo 11 / 26
Single Family

$500,000

487 W 1ST S AVE, Midvale, UT 84047

Type

SFR

List Price

$500,000

Price/Sqft

$225

Est Gross Yield

6.3%

$31,368/yr est.

Property Details

Property typeSingle Family
Year built1917
Total units1
Living area2,224 sqft
Bedrooms4
Bathrooms2
Lot size0.12 acres
Parking4 spaces
Days on market0
Listed2026-06-19T00:00:00+00:00

Description

Charming Midvale rambler featuring 4 bedrooms, 2 bathrooms, and 2,224 sq ft of living space. Updated kitchen, spacious layout, full basement, detached 2 car garage, on a super quiet street. Conveniently located near shopping, dining, schools, parks, and freeway access. Move-in ready! Just a short walk to downtown Midvale. Square footage figures are provided as a courtesy estimate only and were obtained from tax records. Buyer is advised to obtain an independent measurement.

Listed by Jack T Carroll · Kelly Right Real Estate of Utah, LLC

Location

487 W 1ST S AVE, Midvale, UT 84047

Proforma

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Cap Rate

4.17%

Cash-on-Cash

-1.35%

Cash Flow

-$210/mo

Purchase Price$500,000
Down Payment35% ($175,000)
Interest Rate6.00%
Monthly Rent$2,614/mo
Vacancy5%
Expense Ratio30% ($8,940)

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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 6/19/2026, 8:07:25 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.