ActiveResidential · sale

4650 S 700 E

Murray, UT 84107

$800,000

  • 3 beds
  • 2 baths
  • 2,276 sq ft
  • 0.3 acres
  • Built 1950

Listed by Intermountain Properties · MLS #2174086

A REAL PERSON, READY TO HELP

Interested in this property?

Connect with a local ERA professional for answers, a private showing, or help thinking through an offer.

Contact the property team

PROPERTY QUESTIONS & SHOWINGS

Ask about this property.

4650 S 700 E, Murray, UT 84107 · MLS #2174086

Your preferred tour

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Property inquiries go to help@erabrokers.com.

A FEW THINGS TO NOTICE

What stands out.

Living spaces

Three large bedrooms, a spacious front room that works equally well as a family room or TV room, and a clean, functional basement provide flexible living space.

Details worth a look

A serene, private patio provides a quiet retreat for entertaining or relaxing.

Year built

Built in 1950.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

A Shop Like This Is Almost Impossible to Find. If you've been searching for a property with a true workshop-not just another oversized garage-this is the one. Set back from the road for added privacy and convenience, this move-in-ready Murray property combines a comfortable ~1600 Sqft 3-bedroom home with an exceptional 1,600 sq. ft. detached shop. The home has been exceptionally maintained and is completely move-in ready. Fresh, clean finishes throughout mean no renovation projects waiting after closing. The efficient kitchen makes excellent use of space while offering a beautiful view of Mount Olympus. Three large bedrooms, a spacious front room that works equally well as a family room or TV room, and a clean, functional basement provide flexible living space. Thick masonry construction contributes to impressively low utility costs and year-round comfort. The shop features a 12-foot ceiling open-span interior, a 12' wide by 10' high overhead door, bright skylights, extensive built-in storage, and its own separate electrical service with dedicated meter and panel. The shop is exceptionally well equipped with abundant 120V and 240V power throughout and includes a copper compressed-air distribution system, making it ready for serious woodworking, fabrication, automotive work, machinery, or virtually any hobby or small business. The shop is heated by both a gas forced-air furnace and a wood-burning stove, while an evaporative cooler keeps it blissfully cool even during Utah's hottest summer days. The open floor plan easily accommodates your equipment and multiple vehicles while still providing generous work areas. The shop is thoughtfully divided into a large main workspace plus a separate room with its own exterior entrance and connecting interior door, making it ideal for an office, showroom, hobby room, studio, or private retreat. With its existing restroom, separate electrical service, and private access, it also presents outstanding potential for an Accessory Dwelling Unit (ADU) or income-producing space with additional improvements, subject to buyer verification and local approvals. Whether you're a craftsman, fabricator, contractor, cabinetmaker, automotive enthusiast, collector, entrepreneur, or anyone who has struggled to find a property with truly usable workspace, opportunities like this rarely become available. Outside you'll find a beautifully landscaped, easy-care yard featuring approximately 100 feet of seedless grape vines. A serene, private patio provides a quiet retreat for entertaining or relaxing. The property also includes a large driveway, generous off-street parking, dedicated RV parking, and an RV dump/cleanout-features that are increasingly difficult to find together. Located with exceptionally convenient access to I-15, I-215, downtown Salt Lake City, and the east side of the valley, this property offers the perfect combination of accessibility, functionality, and flexibility. No-Fuss Properties with a house and shop of this caliber rarely become available. Your dream property has a shop as big as the house, and this one is it.

THE NEIGHBORHOOD

Explore the location.

4650 S 700 E, Murray, UT 84107

Loading property map…

Map position comes from the listing source. Open directions in Google Maps

LOCAL MARKET CONTEXT

Salt Lake County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$553,785Up 3.3% vs. the previous 12 months
Months of supply3.412-month average
Days on market5712-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1950
Full baths
2
Garage spaces
3
Cooling
Central Air,Evaporative Cooling
Heating
Forced Air
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Flooring
Carpet,Hardwood,Tile
Utilities
Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Accessibility
Fully Accessible,Ground Level,Single Level Living
Pool
No
Spa
No
Parcel
22-05-351-003
Elementary school
Parkside
Middle school
Hillcrest
High school
Murray
Annual property tax
$3,250.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$2,142.50
Estimated monthly rent$3,333.33
Cap rate3.46%

Annual operating income: $27,709.97

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

Find your place in real estate.

Just getting started?

Explore real estate education and available licensing courses through ARTI Academics.

Become a real estate agent

Ready to work with ERA?

Discover the people, broker support, technology and education behind an ERA real estate career.

Join ERA Brokers

Moving for work?

Explore ERA Corporate Services for relocation assistance, employer programs, and information for veterans and military families.

Explore Corporate Services

More in Murray.

Listing information

MLS #2174086 · Utah Real Estate MLS

Listing brokerage: Intermountain Properties
Listing agent: Bryce Anderson

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

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.