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8345 S IRIS LUMI LN, Midvale, UT — photo 11 / 25

$369,000

Reduced from $395,000 · today

8345 S IRIS LUMI LN, Midvale, UT 84047

Type

Condo

List Price

$369,000

Price/Sqft

$284

Est Gross Yield

8.1%

$29,712/yr est.

Property Details

Property typeCondo
Year built2022
Total units1
Living area1,299 sqft
Bedrooms3
Bathrooms2
Lot size0.01 acres
Parking2 spaces
Days on market198
Listed2026-04-15T00:00:00+00:00

Description

$10,000 SELLER CREDIT AVAILABLE toward buyer closing costs and/or a RATE BUYDOWN with an acceptable offer! VACANT + EASY TO SHOW! Move-in ready middle-unit condo featuring BRAND NEW FLOORING throughout the main living areas and both secondary bedrooms, plus fresh paint in most rooms. Includes two assigned tandem garage parking spaces. Conveniently located just one mile from Historic Midvale Main Street with easy access to shopping, restaurants, TRAX, and everyday amenities. Enjoy direct access to the Jordan River Parkway Trail and nearby parks for walking, biking, and outdoor recreation. Seller is relocating and ready to make a deal! $10,000 seller credit available on contracts accepted by October 31. Buyer to verify eligibility and permitted use of seller concessions with their lender.

Listed by Vivian A Caceres · Real Broker, LLC

Location

8345 S IRIS LUMI LN, Midvale, UT 84047

Proforma

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Cap Rate

5.35%

Cash-on-Cash

1.81%

Cash Flow

$209/mo

Purchase Price$369,000
Down Payment35% ($129,150)
Interest Rate6.00%
Monthly Rent$2,476/mo
Vacancy5%
Expense Ratio30% ($8,468)

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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 10/30/2026, 8:19:12 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.