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    797 W 50 N Richfield, UT 84701

    For Sale
    $2,850,000

    MULTI_FAMILY - Other - Richfield, UT

    Property size:
    13,800 SF
    Lot size:
    0.01 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 797 W 50 N

    General Information

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

    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

    Green Valley Brokers (435) 893-7253 [email protected]

    Listing agent Michael S Shaver (435) 893-7253

    Listing date Nov 16, 2025

    MLS# 2104671 Listing URL

    Copyright © 2025 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.

    Overview

    Richfield Multifamily Investment Opportunity

    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.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Richfield
    County
    Sevier
    State
    Utah
    Longitude
    -112.098957
    Latitude
    38.768332

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    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: - 100% Occupancy: Provides immediate and consistent rental income.; - Below Market Rents: Offers significant potential to increase cash flow.; - Prime Location Near Snow College: Ensures ongoing rental demand.
    (435) 893-7253
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    797 W 50 N Richfield, UT 84701
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    Realmo Value Estimation

    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.

    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.

    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
    797 W 50 N Richfield, UT 84701
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