8404 S Monroe St Midvale, UT 84047
Estimated payment $5,674/month
Highlights
- No HOA
- Tile Flooring
- Forced Air Heating System
About This Home
Excellent opportunity to acquire a fully occupied, income-producing 4-plex with immediate upside. This property features long-term, stable tenants and consistent rental income, delivering approximately a 6% ROI. Three units have been updated, supporting continued rent growth, while one unit has a tenant in place for over 10 years, providing exceptional stability. Ideal for owner-occupants as well-live in one unit and let the other three help offset your mortgage. Fully occupied. Please do not disturb tenants. Pictures reflect conditions of one updated unit. Offers subject to inspection. Buyers are advised to do independent measurements. Owner/Agent.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,225
Year Built
- Built in 1977
Lot Details
- 11,761 Sq Ft Lot
- Irrigation
Home Design
- Quadruplex
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 4,176 Sq Ft Home
- Blinds
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Parking
- 8 Parking Spaces
- 8 Open Parking Spaces
Schools
- Copperview Elementary School
- Midvale Middle School
- Jordan High School
Utilities
- No Cooling
- Forced Air Heating System
- Natural Gas Connected
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 21-36-451-007
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,236 | $830,400 | $485,000 | $345,400 |
| 2024 | $5,236 | $860,600 | $418,300 | $442,300 |
| 2023 | $5,236 | $815,700 | $338,900 | $476,800 |
| 2022 | $4,629 | $735,600 | $261,100 | $474,500 |
| 2021 | $4,528 | $616,300 | $233,300 | $383,000 |
| 2020 | $4,448 | $572,600 | $208,700 | $363,900 |
| 2019 | $3,573 | $448,300 | $167,000 | $281,300 |
| 2018 | $3,258 | $412,800 | $106,700 | $306,100 |
| 2017 | $3,018 | $367,900 | $104,800 | $263,100 |
| 2016 | $2,798 | $330,800 | $98,200 | $232,600 |
| 2015 | $2,663 | $308,800 | $98,200 | $210,600 |
| 2014 | $2,821 | $319,000 | $106,700 | $212,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/14/2026 04/14/26 | Pending | -- | -- | -- |
| 03/22/2026 03/22/26 | For Sale | $995,000 | -- | $238 / Sq Ft |
Source: UtahRealEstate.com
MLS Number: 2145102
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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc.. 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.
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Ask me questions while you tour the home.