Midvale, UT 84047,7447 S MAIN ST
$525,000
Est.Price: ?

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0.28 Acres Lot

7447 S MAIN ST Midvale, UT 84047

Est. payment /mo
SOLD DATE : 11/07/2025

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Key Details

Property Type Vacant Land

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision Tate

MLS Listing ID 2104606

Sold Date 11/07/25

HOA Y/N No

Annual Tax Amount $1,741

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Multi Family

Property Description

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 parcel's location supports podium, rowhouse, or townhome product types and benefits from flexible design standards and minimal parking requirements. Located on Midvale City's historic Main Street which is currently being gentrified- famous for The Sandlot being filmed onsite. New multi-family complexes with rooftop decks. City offers attractive grant programs and affordable housing development loans/programs for developers. Cactus & Tropical located down the street. Brewery coming in walking distance from subject. Food Truck Plaza kiddie-corner from property. Cafes, festival lighting and much more. It's the next spot to take off in Salt Lake County.

Location

State UT

County Salt Lake

Area Murray; Taylorsvl; Midvale

Interior

Fireplace false

Exterior

View Y/N No

Present Use Multi-Family

Private Pool false

Building

New Construction No

Schools

Elementary Schools Midvale

Middle Schools Midvale

High Schools Hillcrest

School District Canyons

Others

Senior Community No

Tax ID 21-25-303-001

Ownership Agent Owned

Horse Property No

Financing Cash

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Listed by Newmark Mountain West
Bought with Ask Andrew Real Estate
Rachel Henderson
Rachel Henderson

Broker | License ID: 5082699-PB

+1(435) 680-3061 | rachelutahhomes@gmail.com

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