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8333 S IRIS LUMI W LN, Midvale, UT — photo 11 / 24

$378,888

8333 S IRIS LUMI W LN, Midvale, UT 84047

Type

Condo

List Price

$378,888

Price/Sqft

$351

Est Gross Yield

4.5%

$17,088/yr est.

Property Details

Property typeCondo
Year built2026
Total units1
Living area1,080 sqft
Bedrooms2
Bathrooms2
Parking1 spaces
Days on market1
Listed2026-10-25T00:00:00+00:00

Description

STOP RENTING WHEN YOU COULD BE BUILDING EQUITY! ASK ABOUT OUR 4.75% INTRODUCTORY INTEREST RATE! Why settle for someone else's home when you could own a brand-new condo built by Holmes Homes, Utah's award-winning, locally owned builder? Located in the heart of the Salt Lake Valley in Midvale, these exciting new condos offer the convenience of a central location with easy access to shopping, dining, entertainment, and major freeways. Whether you're a first-time buyer, downsizing, or simply looking for low-maintenance living, this is an opportunity worth exploring. Early phases are available NOW, with preferred lender incentives that could make homeownership more affordable than you think! Don't wait until the best opportunities are gone. Call today to explore available units, financing incentives, and your opportunity to own a brand-new home!

Listed by Todd L Porter · Real Estate Essentials

Location

8333 S IRIS LUMI W LN, Midvale, UT 84047

Proforma

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Cap Rate

3.00%

Cash-on-Cash

-4.47%

Cash Flow

-$530/mo

Purchase Price$378,888
Down Payment35% ($132,611)
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 10/26/2026, 10:28:04 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.