Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    477 S 850 E American Fork, UT 84003

    Sponsored
    For Sale
    $815,000

    MULTI_FAMILY - Other - American Fork, UT

    Property size:
    3,625 SF
    Lot size:
    0.03 Acres
    Days on Market:
    9
    Last Refresh:
    Jan 20 at 12:06 am

    Property Features for 477 S 850 E

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi-Family
    Rooms
    Bathroom 3, Bathroom 5, Bathroom 4, Bedroom 1, Bedroom 7, Bedroom 3, Bedroom 6, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 2
    Bedrooms
    7
    Bathrooms
    5
    APN
    38-502-0034
    Parking
    2
    Parking features
    Covered
    Interior features
    Alarm: Fire, Disposal, Range/Oven: Free Stdng., Granite Countertops, Dishwasher: Built-In
    Size
    3,625 SF
    Lot size
    0.03 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Central

    Building Details

    Year built
    2017
    Floors in Building
    3
    Number of units
    3
    Flooring type
    Carpet, Vinyl
    Building materials
    Brick, Stucco
    Roof type
    Flat
    Architectural style
    Other

    We can help!

    Listing Contact
    Sheralyn Bennett

    BHHS Elite Real Estate (801) 224-9011 [email protected]

    Listing agent Sheralyn Bennett (801) 224-9011

    Listing date Jan 12, 2026

    MLS# 2091338 Listing URL

    Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Leased Triplex in Easton Park

    This fully leased triplex is located in Easton Park, east of I-15, placing it within minutes of Silicon Slopes, shopping, restaurants, and the trails of American Fork Canyon. The community includes a fitness center, sports courts, and recreational space. The property offers mountain views and convenient access to I-15. The triplex is managed by MAXX Property Management. The unit lease amounts and lease end dates are as follows: Unit 101: $1195, 07/26/2026, Unit 201: $1550, 11/01/2026, Unit 301: $1595, 05/17/2026, Garage 34 N: $75, 06/28/2026, Garage 34S: $75, 07/12/2026. The property has a lot size of 0.03 acres and a property size of 3625 square feet. The zoning is Multi-Family. The seller is willing to cover the $1200 HOA reinvestment fee with a solid offer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    American Fork
    County
    Utah
    State
    Utah
    Longitude
    -111.774771
    Latitude
    40.367159

    Nearby Similar for Sale

    • $1,479,000
      0.33 Acres

      Historic Main Street Commercial Opportunity

      Versatile commercial property with historic charm and modern updates.
      6 S 100 W, American Fork, UT 84003
      View Details
    • $818,000
      4,261 SF

      American Fork Triplex Investment Opportunity

      Income-generating triplex near Silicon Slopes with strong appreciation potential.
      796 E 500 S, American Fork, UT 84003
      View Details
    • $569,900
      1,560 SF

      Clean Duplex in American Fork

      Low-maintenance duplex in a reliable Utah rental market.
      610 N 300 E, American Fork, UT 84003
      View Details
    • $818,000
      4,261 SF

      Easton Park Triplex Investment Opportunity

      Well-maintained triplex in a rapidly expanding area, ideal for investors.
      796 E 500 S, American Fork, UT 84003
      View Details
    • $1,099,000
      0.06 Acres

      American Fork Commercial Flex Unit

      Flex unit near I-15, great location, investment or owner-occupy.
      413 E 620 S, American Fork, UT 84003
      View Details
    • $2,750,000
      15,703 SF

      Prime Retail Opportunity on Main

      Retail property in the heart of American Fork.
      61 W Main St, American Fork, UT 84003
      View Details
    • $8,782,872
      47,733 SF

      American Fork Flex/Industrial Building

      47,733 SF flex/industrial building on 3.05 acres for sale.
      799 E Utah Valley Dr, American Fork, UT 84003
      View Details
    • $1,386,000
      2,800 SF

      New Medical Office Building

      New medical office building divisible into two spaces.
      132 S 1100 E, American Fork, UT 84003
      View Details
    • $2,900,000
      7,785 SF

      Retail Shopping Center For Sale

      Multi-tenant retail shopping center, 100% occupied, built in 2001.
      506 E State Rd, American Fork, UT 84003
      View Details
    • $745,000
      2,038 SF

      Freestanding Office/Retail Building For Sale

      Two-story, 2,038 SF office/retail building with on-site parking.
      201 W Main St, American Fork, UT 84003
      View Details
    • $5,900,000
      17,966 SF

      American Fork Apartment Complex

      Luxury 18-unit building, prime location.
      1125 250, American Fork, UT 84003
      View Details
    • $748,440
      2,376 SF

      Grove Cove Office Condos

      22 Units, Modern Creative Offices, Utah
      250 County Blvd, American Fork, UT 84003
      View Details

    FAQs

    What type of property is this?
    Triplex - Fully leased triplex near Silicon Slopes, shopping, and recreation.
    Where is this triplex located?
    The property is located at 477 S 850 E American Fork, UT.
    What is the asking price?
    The asking price for this property is $815,000.
    What are key features of this property?
    This property features: - Fully leased triplex providing immediate rental income.; - Prime location in Easton Park, east of I-15, near Silicon Slopes, shopping, restaurants, and American Fork Canyon trails.; - Leases professionally managed by MAXX Property Management.
    (801) 921-9732
    Request Owner's contact information
    477 S 850 E American Fork, UT 84003
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    477 S 850 E
    American Fork, UT 84003
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    477 S 850 E American Fork, UT 84003
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Sheralyn Bennett
    (801) 921-9732
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.