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Investment Highlights

  • Six-unit multifamily property completed in 2022.
  • Attached garage parking is provided across all residences.
  • Located with convenient access to I-15, I-215, and regional employment centers.
  • Concrete construction supports durability and sound separation.
  • Modern interiors feature quartz countertops and oversized kitchen islands.
  • Mix of larger residential layouts supports broad tenant appeal.

Executive Summary

7045 S 300 E presents an opportunity to acquire a recently constructed six-unit multifamily asset in Midvale, Utah. The property consists of three sets of luxury twin homes and was completed in 2022 with concrete construction designed to support durability, sound separation, and energy efficiency. The unit mix includes four residences featuring three-bedroom layouts and two larger residences featuring five-bedroom layouts, creating a diversified rental offering within a single investment.
Interior finishes include polished concrete flooring on the main level, contemporary kitchens with oversized islands, quartz countertops, and stainless-steel appliances. Multiple units include finished basements, upper-level family rooms, and attached garages, providing residential features that appeal to long-term tenants seeking larger living environments.
The property benefits from a central Salt Lake Valley location in Midvale, with convenient access to major transportation corridors including I-15 and I-215. The surrounding area provides connectivity to employment centers throughout Midvale, Sandy, Murray, South Jordan, and downtown Salt Lake City. Nearby retail, dining, recreation, and public transit options contribute to the property's accessibility and tenant appeal.
For investors, the asset offers the combination of recent construction, limited near-term capital expenditure requirements, and a multi-unit configuration within a well-established residential market. The property's location, unit mix, and modern construction standards position it as a potential long-term income-producing investment within the growing Salt Lake metropolitan area.

Property Facts

Price $5,899,900
Price Per Unit $983,317
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.38 AC
Building Size 23,040 SF
No. Stories 2
Year Built 2022
Zoning 1204
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 22-30-201-033-0000
  • 22-30-201-031-0000
  • 22-30-201-030-0000
  • 22-30-201-034-0000
  • 22-30-201-032-0000
  • 22-30-201-035-0000
Land Assessment
$833,400
Improvements Assessment
$3,955,200
Total Assessment
$4,788,600
  • Listing ID: 41824231

  • Date on Market: 8/20/2026

  • Last Updated:

  • Address: 7045 S 300 E, Midvale, UT 84047

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