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7879 S OAK ST, Midvale, UT 84047
$570,000
7879 S OAK ST, Midvale, UT 84047
Type
SFR
List Price
$570,000
Price/Sqft
$283
Est Gross Yield
5.5%
$31,368/yr est.
Property Details
Description
Turnkey Investment or House Hack Opportunity in Prime Location! Maximize your portfolio or offset your mortgage from day one. This exceptional property features an upper-level unit and a completely separate basement apartment, currently generating a combined $3,700 per month ($1,950 upper / $1,750 basement) with brand-new tenants securely in place on fresh 12-month leases. Investment Highlights: Immediate Cash Flow: $3,700/mo gross rental income with reliable, newly placed tenants. Dual-Income Flexibility: Separate exterior entrance to the basement via a dedicated side door allows for complete tenant privacy and dual-leasing operations. Single-Family Conversion Potential: Need a larger single-family home down the road? Easily reconnect both levels by removing a non-structural short wall adjacent to the main-floor laundry room. Turnkey Condition: Fully renovated in 2020, boasting updated dual full kitchens, brand-new interior paint, and fresh carpet throughout both units. Major Capital Improvements: Newer roof and A/C replaced within the last few years, paired with brand-new front and back yard sod for instant curb appeal. (Note: Select listing photos feature virtual staging). Prime Convenience: Situated in an ultra-convenient location just minutes from TRAX, major freeway access, local schools, and shopping centers. Ready to show-schedule your private tour today and secure your next cash-flowing asset!
Listed by Jackson Kade Lucero · Equity Real Estate
Location
7879 S OAK ST, Midvale, UT 84047
Proforma
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Cap Rate
3.66%
Cash-on-Cash
-2.71%
Cash Flow
-$483/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 10/29/2026, 4:25:41 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.