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7405 S LOCUST ST photo 11 / 27
Single Family

$425,000

7405 S LOCUST ST, Midvale, UT 84047

Type

SFR

List Price

$425,000

Price/Sqft

$251

Est Gross Yield

4.0%

$17,088/yr est.

Property Details

Property typeSingle Family
Year built1951
Total units1
Living area1,690 sqft
Bedrooms2
Bathrooms1
Lot size0.2 acres
Days on market0
Listed2026-06-25T00:00:00+00:00

Description

Welcome to this charming Midvale home tucked on a generous 0.20 acre lot, offering the perfect blend of classic character and modern updates. The next owner can move in with true peace of mind knowing the big ticket items have all been taken care of, including a new roof (2023), new windows (2023), new gutters (2025), new central air, updated furnace and water heater (2021), and a brand new sprinkler system (2025). The partially finished basement offers additional living space with room to grow and add value over time. Out back, the expansive yard is an outdoor lover's dream with plenty of room to roam and coveted RV parking. Homes offering this level of mechanical updates, outdoor space, and RV parking at this price point in the Salt Lake Valley are increasingly hard to find. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.

Listed by Sydney Battersby · District Living Collective LLC

Location

7405 S LOCUST ST, Midvale, UT 84047

Proforma

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Cap Rate

2.67%

Cash-on-Cash

-5.34%

Cash Flow

-$709/mo

Purchase Price$425,000
Down Payment35% ($148,750)
Interest Rate6.00%
Monthly Rent$1,424/mo
Vacancy5%
Expense Ratio30% ($4,870)

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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 6/25/2026, 9:08:43 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.