Back to listings
7391 S ELM ST photo 11 / 41
Single FamilyADU Potential

$515,000

7391 S ELM ST, Midvale, UT 84047

Type

SFR

List Price

$515,000

Price/Sqft

$344

Est Gross Yield

5.8%

$29,712/yr est.

Property Details

Property typeSingle Family
Year built1950
Total units1
Living area1,496 sqft
Bedrooms3
Bathrooms2
Lot size0.29 acres
Parking11 spaces
Days on market0
Listed2026-08-08T00:00:00+00:00

Description

Very well-maintained all-brick home featuring newer paint and numerous major updates, including the furnace, water heater, central air, roof, and remodeled bathrooms. The spacious backyard is designed for both entertaining and functionality, with a newer vinyl fence, in-ground swimming pool w/deck and a hot tub. A rare highlight is the extra-large RV parking area located at the rear of the property, complete with its own private side-gate entrance for easy access. With room to accommodate at least four large RVs, trailers, or recreational vehicles, this space offers exceptional versatility. Two storage sheds, both equipped with electricity and lighting, provide added convenience for hobbies, projects, or extra storage. May be able to build an ADU in the back. (Buyer must check with Midvale City to verify) Buyer due diligence.

Listed by Tracee D Walsh · Realtypath LLC (South Valley)

Location

7391 S ELM ST, Midvale, UT 84047

Proforma

Drag sliders to explore the deal

Cap Rate

3.84%

Cash-on-Cash

-2.24%

Cash Flow

-$360/mo

Purchase Price$515,000
Down Payment35% ($180,250)
Interest Rate6.00%
Monthly Rent$2,476/mo
Vacancy5%
Expense Ratio30% ($8,468)

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 8/8/2026, 4:44:11 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.