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521 Tiffany Town Dr, Midvale, UT, 84047

8beds
4baths
3,600sqft
$1,120,000
$311price/sqft
$6,553/moest. monthly cost
$262,120/yrincome needed

About This Home

NEW ROOF (2026) and ALL THREE UNITS ARE FURNISHED.. Exceptional Four-Plex Investment Opportunity in the Heart of Midvale Don't miss this outstanding opportunity to own a well-maintained four-unit apartment building in the heart of Midvale, offering stable rental income and an unbeatable central location. All four units have been consistently occupied for the past 3 years, making this an ideal turnkey investment for both seasoned and first-time investors. Each spacious unit offers approximately 900 square feet of comfortable living space and features two bedrooms and one full bathroom. Interiors include a combination of carpet, tile, and luxury vinyl flooring, central air conditioning (updated approximately two years ago), washer and dryer hookups, private storage closets, and two dedicated off-street parking spaces per unit. Each apartment also comes equipped with a refrigerator, range, and oven. The furnaces and water heaters have been updated within the last few years, providing added value and peace of mind. NEW ROOF and BLINDS Residents enjoy a welcoming shared outdoor space featuring a fully fenced yard, mature shade trees, lush grass, and a patio area-perfect for relaxing or gathering outdoors. One of this property's greatest advantages is its exceptional location. Conveniently situated just minutes from I-15 and I-215, commuting throughout the Salt Lake Valley is quick and easy. Outdoor enthusiasts will appreciate immediate access to the scenic Jordan River Parkway Trail, offering miles of walking, running, and biking paths. Midvale City Park is just down the street and provides playgrounds, sports fields, picnic areas, and open green space. The property is also close to a wide variety of shopping, dining, and entertainment options, including Fashion Place Mall, Topgolf, Gardner Village, restaurants, grocery stores, coffee shops, and everyday conveniences. Nearby TRAX light rail stations and public transportation make commuting even more accessible. The area is served by schools, medical facilities, fitness centers, and numerous local businesses, enhancing its appeal to long-term tenants. This is a rare opportunity to acquire a strong income-producing property in one of Salt Lake County's most convenient and desirable rental markets. AIRBNB Investment Alert! Positive CASH Flow. Upon request, the Airbnb P&L statement will be made available. ALL THE THREE UNITS ARE FURNISHED! Please contact the listing agent for detailed income and expense information, rent history, and additional property details. Information provided is deemed reliable but is not guaranteed. Buyers and buyers' agents are encouraged to verify all information independently.

Getting Around

44
WalkingCar-Dependent
35
TransitSome Transit
48
BikeSomewhat Bikeable

Schools

6/10
Midvale SchoolGrades K-50.6 mi
3/10
Midvale Middle SchoolGrades 6-80.6 mi
5/10
Hillcrest High SchoolGrades 8-122.4 mi

Construction

Condition

  • Property condition: Blt./Standing
  • Year built: 1977

Materials

  • Roof: Asphalt

Notable Dates

  • Major remodel year: 1998

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Laundry features: Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4

Features

  • Window features: Blinds,Window Coverings,Double Pane Windows
  • Flooring: Tile

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 3,600
  • Total interior livable area: 3,600 sqft

Property

Details

  • Parcel number: 2136304006
  • Attached to another structure: Yes
  • Zoning: RM-12
  • Zoning description: Multi-Family, Short Term Rental Allowed

Features

  • Levels: Two
  • Patio & porch: Porch,Open Porch
  • Fencing: Full
  • Frontage length: 112
  • Residential vegetation: Landscaping: Full

Lot

  • Lot size: 9,583 sqft
  • Features: Corner Lot
  • Lot size dimensions: 112.0 x 115.0 x 94.0

Parking

  • Total spaces: 8
  • Uncovered spaces: 8

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 $5,663$67,956
Home Insurance $206$2,472
Property Taxes $466$5,592
Electricity $218$2,622
Total$6,553$78,636

Income You'd Need if You Spent...

35% on housing$224,674/yr
40% on housing$196,590/yr
45% on housing$174,746/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

$311This listing

vs Other Active Listings

Avg $/sqft

ZIP 84047$179
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
2026-07-13Listed for sale$1,120,000
2025-07-16Listing removed$1,220,000
2025-05-15Listed for sale$1,220,000

For Sale by Agent

AgentGautam B. Gudaganatti
BrokerageEquity Real Estate (South Valley)

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