Murray · Investment Property
Investment Property in Murray
Someone who has been flipping, renting and holding since 1999, and will tell you when a deal does not work.
The situation
I started flipping houses in 1999, sixteen years before I was licensed to sell them.
My husband and I own multiple real estate investing companies and we have flipped, run short-term rentals and built a buy-and-hold portfolio. Experience matters here for one reason: I have lost money on a deal and I know what it looked like going in.
Book a Free Buyer Consultation
Murray as an investment market
The housing here. Murray was built in several waves, so age and condition range widely across the city. The recent citywide median sat around $539,000 (Redfin, three months to August 2026), effectively level with West Jordan.
The honest trade-off. Compare residential streets carefully against the commercial corridors nearby. The convenience comes from having those corridors, and living on top of one is different from living five minutes away.
Who chooses this area. People whose work, errands and social life are spread around the valley rather than concentrated at one end of it.
What this means for you in Murray
Here is Murray in short: it is the geographic middle of Salt Lake valley, and the recent median sat near $539,000. Almost everywhere else in the valley is a short drive, and Murray Central connecting FrontRunner and TRAX, and the Jordan River Parkway is what people actually end up talking about.
Murray as an investment market. A recent median near $539,000. The stock spans enough eras that the deal is decided property by property rather than by the town. Murray and West Jordan sit at nearly the same median, so moving further west to meet a budget is not automatically the answer.
Underwrite the stock you are actually buying, not the brochure. Murray was built in several waves, so age and condition range widely across the city. The recent citywide median sat around $539,000 (Redfin, three months to August 2026), effectively level with West Jordan.
And before you buy anything here intending to rent it short term, confirm in writing with the city what that specific property is allowed to do. Rules are set locally and they change.
The numbers behind the numbers
Schools. Salt Lake County has several school districts and the boundaries do not follow city lines. Ask me which schools serve a specific address and I will tell you, so you can review the published data yourself rather than take an agent's opinion for it.
Getting around. Murray Central connects FrontRunner and TRAX, which gives genuine options beyond driving. Close to the geographic middle of Salt Lake valley, so most of the valley is a short drive.
What is genuinely nearby. The Jordan River Parkway for walking and riding. Its own city services rather than an unincorporated stretch.
Murray against the towns either side of it
Deals rarely respect city lines, so the neighbouring markets belong in the same underwriting conversation.
Salt Lake City runs around $99,000 higher on recent medians. What you get instead is the only part of the valley with genuinely distinct neighborhoods. The catch is that space, parking and condition vary considerably block to block
Sandy runs around $153,000 higher on recent medians. What you get instead is established suburban streets with the Wasatch directly behind them. The catch is that higher prices, particularly for the foothill locations
If one of those fits what you have described better, I would rather point you at it now than show you eight houses here first.
Working with me
I will underwrite a deal with you honestly, including vacancy, maintenance, capital expenditure and management, and I will tell you when the numbers do not work. An investor who loses money on a property I sold them does not come back, and referrals are most of my business.
Bring me a Murray property and we will run the numbers properly. If it does not work I will say so, which is the whole point of asking.
Frequently Asked Questions
What should I know about Murray before I commit?
Compare residential streets carefully against the commercial corridors nearby. The convenience comes from having those corridors, and living on top of one is different from living five minutes away.
What is the housing like in Murray?
Murray was built in several waves, so age and condition range widely across the city. The recent citywide median sat around $539,000 (Redfin, three months to August 2026), effectively level with West Jordan.
How is getting around from Murray?
Murray Central connects FrontRunner and TRAX, which gives genuine options beyond driving. Close to the geographic middle of Salt Lake valley, so most of the valley is a short drive.
Are you a lender as well as an agent?
I hold both licences, though not on the same transaction: when I am your agent, your loan is your lender's job and I will not advise on it. What it gives you is an agent who has seen the lending side from the inside and knows when something you have been told needs a second look.
Murray
What investment property looks like in Murray
The geographic middle of Salt Lake valley, which makes almost everything a short drive.
Murray sits close to the center of Salt Lake valley, and that position is the whole argument for it. Almost everywhere else in the valley is a short drive, which is not true from either end.
It is its own city with its own services rather than an unincorporated stretch, and it has light rail running through it.
- The homes
- Murray was built in several waves, so age and condition range widely across the city. The recent citywide median sat around $539,000 (Redfin, three months to August 2026), effectively level with West Jordan.
- Why people choose it
- People whose work, errands and social life are spread around the valley rather than concentrated at one end of it.
- Schools people ask about
- Salt Lake County has several school districts and the boundaries do not follow city lines. Ask me which schools serve a specific address and I will tell you, so you can review the published data yourself rather than take an agent's opinion for it.
- Getting around
- Murray Central connects FrontRunner and TRAX, which gives genuine options beyond driving. Close to the geographic middle of Salt Lake valley, so most of the valley is a short drive.
- Nearby
- The Jordan River Parkway for walking and riding. Its own city services rather than an unincorporated stretch.
- The trade-off
- Compare residential streets carefully against the commercial corridors nearby. The convenience comes from having those corridors, and living on top of one is different from living five minutes away.
Investment Property: keep exploring
Ready to make your move with Chalker Properties Group?