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354 E 7635 S, Midvale, UT, 84047

6beds
6baths
3,682sqft
$1,074,000
$292price/sqft
$6,764/moest. monthly cost
$270,560/yrincome needed

About This Home

Representing a premier acquisition for the discerning investor, this brand-new construction Duplex offers a rare opportunity in a high-demand Sandy location. Situated on a private, dead-end street with zero through traffic, this asset consists of 2 high-end units (separate tax IDs) providing maximum exit strategy flexibility. Each unit features a sophisticated open-concept floor plan designed to attract and retain high-quality tenants, complete with rich flooring and gourmet kitchens featuring premium stainless steel appliances. The spacious floor plans include luxurious primary suites and two generous guest bedrooms, ensuring the units compete at the top of the rental market. Investors will appreciate the extra-large garages, offering the dual benefit of tenant storage and increased rental premium. This property is truly turnkey, boasting meticulous craftsmanship and high-end finishes that significantly reduce near-term CAPEX. Located within walking distance to schools and minutes from major freeway access, ski resorts and and shopping hubs, the property's location ensures historically low vacancy rates. Secure a high-performing, low-maintenance multifamily asset in one of the Salt Lake Valley's most sought-after rental corridors.

Getting Around

37
WalkingCar-Dependent
43
TransitSome Transit
38
BikeSomewhat Bikeable

Schools

5/10
Hillcrest High SchoolGrades 8-120.8 mi

Construction

Condition

  • Property condition: Blt./Standing
  • Year built: 2026

Materials

  • Roof: Asphalt,Metal
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Disposal,Built-In Range,Built In Dishwasher
  • Laundry features: Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6

Features

  • Walk-In Closet(s),Vaulted Ceiling(s)
  • Window features: Double Pane Windows
  • Flooring: Carpet,Hardwood,Tile

Heating

  • Heating features: Electric

Interior Area

  • Total structure area: 3,682
  • Total interior livable area: 3,682 sqft

Property

Accessibility

  • Accessibility features: Accessible Hallway(s)

Details

  • Parcel number: 2230452027
  • Attached to another structure: Yes
  • Zoning description: Multi-Family

Features

  • Fencing: Partial
  • Has view: Yes
  • View description: Mountain(s)
  • Topography of land: Terrain
  • Residential vegetation: Landscaping: Full,Mature Trees

Lot

  • Lot size: 435.60 sqft
  • Features: Curb & Gutter,Sprinkler: Auto-Full,Drip Irrigation: Auto-Full,Private
  • Lot size dimensions: 0.0 x 0.0 x 0.0

Parking

  • Total spaces: 4
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Winter Weather

FEMA Declared Disasters Across Utah Counties

Fire
Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,430$65,160
Home Insurance $198$2,376
Property Taxes $913$10,956
Electricity $223$2,681
Total$6,764$81,168

Income You'd Need if You Spent...

35% on housing$231,908/yr
40% on housing$202,920/yr
45% on housing$180,373/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 0.9%
0.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.9%
0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$292This listing

vs Other Active Listings

Avg $/sqft

ZIP 84047$180
Salt Lake County$208

vs Homes Sold Last Month

Median $/sqft

ZIP 84047$255
Salt Lake County$248

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-07Price change$1,074,000
2026-03-24Price change$1,074,900
2026-02-25Listed for sale$1,075,000
2023-06-23Listing removed--
2023-06-17Listed for rent$1,300

For Sale by Agent

AgentBlair Allen
BrokerageKelly Right Real Estate of Utah, LLC

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