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Richfield Multifamily Investment Opportunity

797 W 50 N Richfield, UT 84701

797 W 50 N, Richfield, UT, 84701
$2,850,000
For Sale
$2,850,000

MULTI_FAMILY - Other - Richfield, UT

Property Size13,800 SF
Lot Size0.01 Acres
Price / SF$206.52
Days on Market348

Property Features for 797 W 50 N

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi-Family
Bedrooms
36
Bathrooms
24
Rooms
Bedroom 3, Bedroom 33, Bedroom 10, Bathroom 2, Bedroom 36, Bathroom 4, Bathroom 22, Bedroom 31, Bedroom 12, Bathroom 12, Bathroom 14, Bedroom 35, Bathroom 13, Bathroom 19, Bedroom 25, Bedroom 18, Bathroom 7, Bedroom 9, Bathroom 24, Bedroom 21, Bedroom 16, Bedroom 11, Bedroom 29, Bedroom 24, Bedroom 28, Bathroom 11, Bedroom 13, Bathroom 16, Bedroom 7, Bathroom 17, Bedroom 20, Bedroom 2, Bedroom 1, Bedroom 30, Bathroom 1, Bedroom 19, Bedroom 15, Bedroom 34, Bathroom 18, Bedroom 14, Bathroom 9, Bedroom 6, Bedroom 8, Bedroom 26, Bathroom 3, Bedroom 17, Bedroom 4, Bedroom 22, Bathroom 20, Bedroom 23, Bathroom 5, Bathroom 21, Bedroom 32, Bathroom 8, Bathroom 6, Bathroom 10, Bathroom 23, Bedroom 27, Bedroom 5, Bathroom 15
Interior features
Bath: Primary, Disposal, Range/Oven: Free Stdng., Dishwasher: Built-In
Exterior features
Double Pane Windows
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
6-1A-37
Size
13,800 SF
Lot size
0.01 Acres

Taxes and HOA fees

Tax Annual Amount
10331

Utilities

Sewer type
Public Sewer
Heating system
Forced Air

Building Details

Year built
2008
Floors in Building
3
Number of units
12
Flooring type
Carpet, Tile
Building materials
Brick, Stucco
Roof type
Asphalt
Architectural style
Other
Listing agency Green Valley Brokers
Listed by Michael S Shaver
Added: Aug 9, 2025 Updated: Jul 17 at 10:36AM Checked: Jul 22 at 11:06AM
MLS# 2104671

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Investment Insights

Based on property information with market context.

This is a 12-unit apartment complex in Richfield, Utah, near Snow College. The property is a turnkey investment with a history of rental income. Current rents average $1,041 per month per unit. Similar units in the area are renting for around $1,400 per month. The property is located in a desirable neighborhood and benefits from its proximity to Snow College. The grounds are maintained, and the surrounding area is quiet and safe. The building attracts working families who pay on time. All leases are month-to-month, providing flexibility for future rental adjustments. The property features a shared community orchard with fruit trees, horseshoe pits, and a barbecue area. The property is intended as a cash cow investment with 100% occupancy. The property size is 13,800 square feet and the lot size is 0.01 acres. This listing is for 1 of 2 buildings available. Each building has 12 units, and both buildings can be purchased separately or together.

Key Highlights

  • 12‑unit apartment building with 100% occupancy near Snow College Richfield campus
  • Current rents average $1,041/month per unit; month‑to‑month leases for all tenants
  • Year built 2008; brick and stucco construction with an asphalt shingle roof

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Big Box & Wholesale Store Building Supply Real Estate Agency Restaurant Parking Lot & Garage Electrical Service HVAC Service Skin Care Clinic Kitchen & Bath Showroom Storage Facility

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

FAQs

What type of property is this?
Apartment building - Fully occupied 12-unit apartment complex near Snow College.
Where is this apartment building located?
The property is located at 797 W 50 N Richfield, UT.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 12‑unit apartment building with 100% occupancy near Snow College Richfield campus; Current rents average $1,041/month per unit; month‑to‑month leases for all tenants; Year built 2008; brick and stucco construction with an asphalt shingle roof
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