Richfield Multifamily Investment Opportunity

797 W 50 N, Richfield, UT 84701

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For Sale

$2,850,000

MULTI_FAMILY - Other - Richfield, UT

Property size:

13,800 SF

Lot size:

0.01 Acres

Price / SF:

$206/SF

HighLights

12‑unit apartment complex built in 2008 with 100% occupancy near Snow College Richfield campus
Current rents average $1,041/month per unit; leases are month‑to‑month
Brick and stucco exterior with double‑pane windows and an asphalt roof
Forced‑air heating; tile and carpet flooring; built‑in dishwasher and range/oven
Accessible approach with ramp plus public sewer service
Shared community orchard with fruit trees, horseshoe pits, and a barbecue area

We can help!

Contact an agent

Michael S Shaver

For Sale

$2,850,000

MULTI_FAMILY - Other - Richfield, UT

Property size:

13,800 SF

Lot size:

0.01 Acres

Price / SF:

$206/SF

Added:: Aug 9, 2025
Days on Market:: 326
Last Refresh:: Jun 30 at 7:06 pm

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 10, Bedroom 11, Bedroom 28, Bathroom 22, Bathroom 23, Bathroom 6, Bedroom 32, Bathroom 24, Bathroom 17, Bedroom 23, Bedroom 15, Bedroom 25, Bedroom 24, Bedroom 30, Bedroom 1, Bathroom 8, Bathroom 11, Bathroom 18, Bedroom 14, Bedroom 4, Bedroom 27, Bathroom 3, Bathroom 5, Bedroom 21, Bathroom 2, Bedroom 20, Bedroom 26, Bathroom 13, Bathroom 19, Bedroom 19, Bedroom 9, Bedroom 12, Bedroom 6, Bedroom 17, Bathroom 15, Bedroom 36, Bathroom 1, Bathroom 12, Bedroom 35, Bathroom 7, Bathroom 21, Bedroom 13, Bedroom 2, Bedroom 29, Bathroom 10, Bedroom 7, Bathroom 14, Bathroom 16, Bathroom 4, Bedroom 5, Bathroom 9, Bedroom 31, Bedroom 3, Bedroom 34, Bedroom 18, Bedroom 16, Bedroom 33, Bathroom 20, Bedroom 22, Bedroom 8
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: Tile, Carpet
Building materials: Brick, Stucco
Roof type: Asphalt
Architectural style: Other

We can help!

Contact an agent

Michael S Shaver

Listing agent Michael S Shaver

Listing office Green Valley Brokers 125 N Main Street, Monroe, UT

Listing date Aug 9, 2025

MLS# 2104671 Listing URL

HighLights

12‑unit apartment complex built in 2008 with 100% occupancy near Snow College Richfield campus
Current rents average $1,041/month per unit; leases are month‑to‑month
Brick and stucco exterior with double‑pane windows and an asphalt roof
Forced‑air heating; tile and carpet flooring; built‑in dishwasher and range/oven
Accessible approach with ramp plus public sewer service
Shared community orchard with fruit trees, horseshoe pits, and a barbecue area

Overview

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.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Richfield
County: Sevier
State: Utah
Longitude: -112.098957
Latitude: 38.768332

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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 complex built in 2008 with 100% occupancy near Snow College Richfield campus; Current rents average $1,041/month per unit; leases are month‑to‑month; Brick and stucco exterior with double‑pane windows and an asphalt roof

797 W 50 N, Richfield, UT 84701

MULTI_FAMILY - Other - Richfield, UT

Property Features for 797 W 50 N

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Commercial Building with Auto Shop

Richfield Twin Home: Income Potential

Richfield Commercial Property with Shop

Multi-Family Apartment Building with Amenities

Main Street Restaurant Opportunity

Remodeled Commercial Space on Main

Automated Self-Storage Facility

Richfield Commercial Building with Auto Shop

Former Auto Shop with Bays

Producing Alfalfa Farm with Water Rights

Richfield Twin Home Investment Opportunity

Richfield Ramada Inn For Sale

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