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$525,000
Listing Price2beds
1baths
1,080sqft
12,197sqft lot
7447 S Main St, Midvale, UT 84047
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Covered land opportunity: currently improved with a single-family home generating $1,575 in monthly rental income. This allows for immediate cash flow while entitlements or development plans are underway. Midvale City has funding available if the project were to affordable through their Upper Floor Housing Program. Additional information about this is available on request. Zoning: Main Street Form-Based Code (MS-FBC) Flexible zoning allows for a variety of uses, including rowhomes, apartments, retail, and mixed-use development. Projects with frontage on a Primary or Side Street must include at least 30 feet of active ground floor use (e.g., retail or commercial). Additional frontage beyond the required 30 feet can transition to residential based on project design. Rear faades may be entirely residential-no retail requirement. Streamlined approval process: Administrative approval only (no city council involvement). Reduced parking requirement: Only 1 stall per residential unit is required. DEVELOPMENT POTENTIAL With 100 feet of frontage on Main Street and MS-FBC zoning, the site offers an excellent opportunity for infill residential or mixed-use development. The parcels location supports podium, rowhouse, or townhome product types and benefits from flexible design standards and minimal parking requirements. Located on Midvale Citys historic Main Street which is currently being gentrified- famous for The Sandlot being filmed onsite. New multi-family complexes with rooftop decks
Interior Details
1080
2
1
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
Yes
Cooling Type:
None
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
12197
Yes
Yes
Type:
Driveway Concrete
Location:
N/A
Status:
N/A
Number of Spaces:
0
No
No
No
No
Yes
No
No
Construction Details
Cottage
Wood
N/A
N/A
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
0
$0
$0
$0
--%
$100,980
2019
$1,315
$0
$0
--%
$94,985
2017
$1,207
$77,500
$79,700
--%
$157,200
2017
$1,207
$64,600
$90,400
--%
$155,000
2015
$1,162
$64,600
$73,000
--%
$137,600
2014
$1,132
$0
$0
--%
$136,100
2013
$1,151
$0
$0
--%
$132,600
2012
$1,042
$0
$0
--%
$128,900
Average Home Price in 84047
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The Salt Lake City real estate market is experiencing significant shifts, as average property values have dropped citywide. However, neighbourhood trends vary, with West Valley City seeing a slight rise in property values, while others like North Salt Lake show a decline. This fluctuation highlights the importance of localized analysis in real estate investment.





