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507 W ANDERSON AVE, Murray, UT 84123
$400,000
507 W ANDERSON AVE, Murray, UT 84123
Type
SFR
List Price
$400,000
Price/Sqft
$236
Est Gross Yield
6.3%
$25,176/yr est.
Property Details
Description
MOVE IN QUICK Special! Home just appraised higher than this price. Seller ready for quick sell. Roof will be replaced upon closing (seller paid). Furnace replaced in 2014. Water heater replaced in 2024. Seller added a large, covered TREK deck out back. Yard is in good condition. One owner. ORIGINAL hardwood floors. Needs your personal touch to update paint and flooring if you wish to do so. Kitchen has been updated w/ white cabinets and newer backsplash. Upper floor was 3 bedrooms (could be again), but owner took out a wall to make one HUGE room as a Primary Suite; wall could be reinstated for a full 3 beds up, and one bedroom downstairs. Laundry room is large and could have added shower/toilet/sink for an additional bathroom. PRICED TO SELL for it's current condition. Appraisal recognizes home would value much higher if more updates added. Seller is not planning on any repairs at this price, w/ exception of new roof. Sq footage is accurate based on today's appraisal. COME SEE IT WHILE IT'S AVAILABLE. WILL GO QUICK AT THIS LOW PRICE. Comps for same home, in updated condition are selling at $500K++.
Listed by Robyn Buckwalter · KW South Valley Keller Williams
Location
507 W ANDERSON AVE, Murray, UT 84123
Proforma
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Cap Rate
4.19%
Cash-on-Cash
-1.31%
Cash Flow
-$164/mo
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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 10/24/2026, 8:25:15 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.