Quadplex With Updated HVAC
424 E ELM ST, American Fork, UT 84003
For Sale
$860,000
Fully leased four-unit property with refreshed building systems and convenient access to shopping, dining, schools, parks, and I-15.
Property Size1 SF
Price / SF$338.45
Days on Market99
Property Features for 424 E ELM ST
General Information
Standard status
Size
Property subtype
Occupancy
Additional Details
Highway Access
Multifamily Units
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Homes International
(801) 921-0719
Listed By:
Daniel Ruvalcaba Vicuna
Source:
Liftrealty
Added: Aug 3
Changed: Nov 8
Last Checked: Nov 8 at 6:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Homes International
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1982, this fully leased quadplex contains four units and approximately 2,541 square feet, with square footage based on appraisal. Unit 2 features a new central A/C system, fresh paint, and new carpet. The other three units have recently received mini-split systems for heating and cooling. Vinyl windows are installed throughout the building, while additional capital improvements include a new 100-gallon water heater and updated water lines throughout.
The property is located at 424 E Elm St in American Fork, with access to shopping, dining, schools, parks, and I-15. The existing four-unit configuration and current leasing status provide a straightforward multifamily ownership profile.
The property is located at 424 E Elm St in American Fork, with access to shopping, dining, schools, parks, and I-15. The existing four-unit configuration and current leasing status provide a straightforward multifamily ownership profile.
Key Highlights
- Fully leased four‑unit quadplex at 424 E Elm St, American Fork
- 2,541 square feet per appraisal; buyer to verify
- Unit 2 includes new central A/C, fresh paint, and new carpet
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,315
Businesses Nearby
Explore this area
Business Placement
Demographics for 84003, UT
52,970
Population
16,441
Households
3.2
Avg Household Size
29
Median Age
50%
College-Educated
96%
High-School Grad
73.6 sq mi
ZIP Area
720
Density / Sq Mi
$120,262
Median Household Income
$41,591
Median Earnings
$1,692
Median Rent
$580,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Quadplexes in Utah County, UT
Properties on Market for Quadplexes in Utah County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Fully leased four-unit property with refreshed building systems and convenient access to shopping, dining, schools, parks, and I-15.
Where is this quadplex located?
The property is located at 424 E ELM ST American Fork, UT.
What is the asking price?
The asking price for this property is $860,000.
What are key features of this property?
This property features: Fully leased four‑unit quadplex at 424 E Elm St, American Fork; 2,541 square feet per appraisal; buyer to verify; Unit 2 includes new central A/C, fresh paint, and new carpet
