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97 W PRINCETON DR photo 11 / 21
Single FamilyADU Potential

$624,900

Reduced from $649,900 · today

97 W PRINCETON DR, Midvale, UT 84047

Type

SFR

List Price

$624,900

Price/Sqft

$254

Est Gross Yield

5.0%

$31,368/yr est.

Property Details

Property typeSingle Family
Year built1964
Total units1
Living area2,464 sqft
Bedrooms6
Bathrooms3
Lot size0.24 acres
Parking6 spaces
Days on market28
Listed2026-06-04T00:00:00+00:00

Description

Welcome to this expansive 6-bedroom, 2.5-bathroom Midvale residence offering 2,464 square feet of highly versatile living space in the geographic heart of the Salt Lake Valley. While the home provides an abundance of room for large households, remote work, or multi-generational living, the true standout of this property is the massive detached garage and workshop. A dream setup for automotive hobbyists or mechanics, the garage features a built-in vehicle service pit engineered for seamless home oil changes and undercarriage work. Additionally, the structure includes a large upper-level storage loft that was previously utilized as an apartment, offering incredible potential for a future accessory dwelling unit (ADU), private home office, or creative studio space. Perfectly positioned for convenience, the property is located within the highly regarded Canyons School District, providing direct access to the state-of-the-art tech labs at Midvale Middle School and the premier programs at Hillcrest High School. Residents will enjoy being minutes away from local community staples like the Copperview Recreation Center, Topgolf Salt Lake City, and the historic boutique shopping and dining at Gardner Village. With immediate access to both the I-15 and I-215 commuter corridors, this central hub places you just 15 minutes from downtown Salt Lake City and less than 25 minutes from world-class skiing at Alta, Snowbird, Brighton, and Solitude via the Cottonwood Canyons. This rare property seamlessly combines extensive square footage, unmatched hobbyist utility, and unbeatable valley accessibility in a single, turnkey package.

Listed by Mike D. Hancock · Century 21 Everest

Location

97 W PRINCETON DR, Midvale, UT 84047

Proforma

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Cap Rate

3.34%

Cash-on-Cash

-3.57%

Cash Flow

-$697/mo

Purchase Price$624,900
Down Payment35% ($218,715)
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 7/2/2026, 12:18:24 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.