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New Construction 8-Plex Multifamily
For Sale
$1,600,000
Pending

5120 E Grande Vermillion Ave, Kanab, UT 84741

MULTI_FAMILY - Kanab, UT

Property Size6,825 SF
Lot Size0.92 Acres
Days on Market271

Property Features for 5120 E Grande Vermillion Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Multi-Family, Commercial
Bedrooms 15
Bathrooms 10
Full bathrooms 10
Rooms Bedroom 9, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 1, Bathroom 7, Bathroom 9, Bedroom 14, Bedroom 1, Bedroom 2, Bathroom 5, Bathroom 3, Bathroom 4, Bedroom 11, Bathroom 10, Bedroom 13, Bedroom 7, Bedroom 6, Bedroom 8, Bedroom 12, Bedroom 5, Bedroom 10, Bathroom 6, Bedroom 15, Bathroom 8
Elementary school Out of Area
Middle school Out of Area
High school Out of Area
Subdivision Outside Area
Standard status Pending
APN 6-3
Size 6,825 SF
Lot size 0.92 Acres

Taxes and HOA fees

Tax Annual Amount 1

Utilities

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

Building Details

Year built 2025
Floors in Building 1
Number of units 8
Roof type Asphalt
Listing Agency: LRG Collective
Listed By: Shanell R Heely · License #SA698628000
Added: Nov 23, 2025 Changed: Aug 18 Last Checked: Aug 21 at 7:06PM
MLS# 25-267048

Copyright © 2026 Washington County Board of Realtors. 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.

New construction 8-plex multifamily property built in 2025, totaling 6,825 square feet on a 0.92-acre lot. The property is fully rented and set up for efficient, low-maintenance operations.

The unit mix includes two 3-bedroom, 2-bath units, three 2-bedroom, 1-bath units, and three 1-bedroom, 1-bath units. Each residence is all-electric and includes an individual HVAC system. Interiors feature quartz countertops, soft-close cabinetry, and LVP flooring throughout. Units also come equipped with a washer, dryer, refrigerator, range, microwave, and garbage disposal.

Heating is provided by heat pump systems and cooling is available via central air and heat pump.

Key Highlights

  • 0.92‑acre lot with a 6,825 SF newly built 8‑plex
  • Built in 2025 and currently fully rented
  • Unit mix: two 3 bed/2 bath, three 2 bed/1 bath, and three 1 bed/1 bath

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Storage Facility Restaurant Travel Agency Spa & Massage Center Bed & Breakfast Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 84741, UT

6,034
Population
3,094
Households
2
Avg Household Size
45
Median Age
32%
College-Educated
95%
High-School Grad
1,351.2 sq mi
ZIP Area
4
Density / Sq Mi
$75,951
Median Household Income
$39,263
Median Earnings
$1,127
Median Rent
$358,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - New 2025 8-plex is fully rented, all-electric, and designed for efficient tenant living with individual HVAC and in-unit laundry.
Where is this apartment building located?
The property is located at 5120 E Grande 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: 0.92‑acre lot with a 6,825 SF newly built 8‑plex; Built in 2025 and currently fully rented; Unit mix: two 3 bed/2 bath, three 2 bed/1 bath, and three 1 bed/1 bath
More about this property
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