Quadplex With Updated HVAC
New
For Sale
$860,000
424 E ELM ST, American Fork, UT 84003
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 Market7
Property Features for 424 E ELM ST
General Information
Standard status
Active
Size
1 SF
Property subtype
Quadruplex
Occupancy
100%
Additional Details
Highway Access
Yes
Multifamily Units
4
Building Details
Building Size
1 SF
Year Built
1982
Buildings
1
Listing Agency:
Homes International
(801) 921-0719
Listed By:
Spencer Clawson
(801) 636-8426
Source:
Liftrealty
Added: Aug 3
Changed: Aug 9
Last Checked: Aug 9 at 7:34AM
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
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
Current Use
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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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
