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Turn-Key 8-Plex Multifamily

5120 E Grand Vermillion Ave Kanab, UT 84741

5120 E Grand Vermillion Ave, Kanab, UT, 84741
$1,600,000
For Sale
Under Contract
$1,600,000

MULTI_FAMILY - Kanab, UT

Property Size6,825 SF
Lot Size0.92 Acres
Price / SF$234.43
Days on Market241

Property Features for 5120 E Grand Vermillion Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
Commercial, Multi-Family
Bedrooms
15
Bathrooms
10
Rooms
Bedroom 3, Bathroom 4, Bathroom 8, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 15, Bathroom 10, Bedroom 11, Bedroom 9, Bathroom 1, Bedroom 6, Bathroom 9, Bathroom 7, Bathroom 2, Bedroom 12, Bedroom 4, Bedroom 5, Bathroom 5, Bedroom 14, Bedroom 13, Bedroom 8, Bedroom 7, Bedroom 10, Bathroom 6
Interior features
Ceiling Fans, Vaulted Ceilings, Walk-in Closets, Flooring- Luxury Vinyl Planks (LVP)
Appliances
Dishwasher, Garbage Disposal, Microwave, Refrigerator, W/D Hookups, Washer & Dryer, Water Heater- Electric, Oven/Range- Electric
Standard status
Active Under Contract
APN
6-3
Size
6,825 SF
Lot size
0.92 Acres

Taxes and HOA fees

Tax Annual Amount
1

Utilities

Heating system
Central, Heat Pump (Heating), Electric (Heating), Forced Air
Cooling system
Electric, Heat Pump, Central Air

Building Details

Year built
2025
Floors in Building
1
Number of units
8
Roof type
Shingle
Architectural style
Other, Rambler
Listing Agency LRG Collective
248 S 100 E STE#3, Kanab, UT
Listed by Shanell Heely · License #11345520-AB00
Added: Nov 19, 2025 Checked: Jul 18 at 6:06 am
MLS# 1409159

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


Investment Insights

Based on property information with market context.

This newly constructed 8-plex offers a turn-key, fully rented residential income setup with modern unit interiors. The property includes two 3-bedroom, 2-bath units, three 2-bedroom, 1-bath units, and three 1-bedroom, 1-bath units. All units are all-electric and come fully equipped with a washer, dryer, refrigerator, range, microwave, and garbage disposal. Each residence also includes its own individual HVAC system. Interior finishes include quartz countertops, soft-close cabinetry, and LVP flooring throughout. Outside, every home features a privacy-fenced backyard, along with two dedicated parking spaces.

The property is located at 5120 E Grand Vermillion Ave in Kanab, UT 84741 (Kane County). The lot size is listed as 0.92 acres, and the total property size is 6,825 square feet.

For buyers or operators seeking a small multifamily asset with a mix of one-, two-, and three-bedroom layouts, this configuration can support a range of household needs while keeping the unit feature set consistent across the building. With all-electric systems and individual HVAC for each unit, the building is set up for tenant convenience and straightforward, unit-level operations. Buyer to verify all information.

Key Highlights

  • New construction 8‑plex (Year built 2025) with all units fully rented
  • Unit mix: two 3‑bed/2‑bath, three 2‑bed/1‑bath, and three 1‑bed/1‑bath
  • All‑electric units with individual HVAC, electric water heater, and central air/forced air/heat pump systems

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

FAQs

What type of property is this?
Apartment building - Newly constructed 8-plex with fully equipped all-electric units, individual HVAC, and two parking spaces per home.
Where is this apartment building located?
The property is located at 5120 E Grand Vermillion Ave Kanab, UT.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: New construction 8‑plex (Year built 2025) with all units fully rented; Unit mix: two 3‑bed/2‑bath, three 2‑bed/1‑bath, and three 1‑bed/1‑bath; All‑electric units with individual HVAC, electric water heater, and central air/forced air/heat pump systems
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