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Richfield Twin Home Investment Opportunity
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973 W 1080 S, Richfield, UT 84701

Twin home in Richfield, suitable for investors or owner-occupants.

Property Size5,142 SF
Price / SF$194.44
Days on Market156

Property Features for 973 W 1080 S

General Information

Standard status Active
Size 5,142 SF
Property subtype Multifamily
Investment Type Owner/User

Building Details

Stories 2
Units 2
Listing Agency: RED ROCK REAL ESTATE
Listed By: Anne Valae · License #5473424-BB00
Source: Crexi
Added: Mar 13 Changed: Aug 8 Last Checked: Aug 13 at 3:13AM

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 RED ROCK REAL ESTATE

Investment Insights

Based on property information with market context.

Located in Richfield City under RM-11 zoning, this twin home presents a versatile ownership opportunity for both owner-occupants and investors. The property is currently operating as a licensed short-term rental with established performance. It may continue as an income-producing asset, subject to local regulations and buyer verification, or transition into a primary residence or second home. Interior upgrades include an upscale kitchen, black windows, an upgraded garage door, three-tone interior paint, quality carpet, higher-end laminate flooring, and ceiling fans throughout. Exterior features include attractive landscaping and a nearly fully fenced yard. Financial performance is based on approximately eight months of actual 2025 short-term rental operations and has been annualized to reflect stabilized performance. Detailed financials are available upon request. The sale includes furnishings currently used in rental operations, allowing for a smooth, turnkey transition. Personal property will transfer via a separate bill of sale at closing. The property may be purchased individually or together with a second nearby income-producing property with a separate tax ID, creating a unique portfolio expansion opportunity. The property size is 5142 square feet.

Key Highlights

  • Turnkey, fully furnished short‑term rental with established income performance (financials available).
  • Versatile RM‑11 zoning allows for short‑term rental, primary residence, or second home use.
  • Upscale kitchen and numerous interior upgrades (black windows, flooring, paint, etc.).

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Law Firm Hair Salon Parking Lot & Garage HVAC Service Dental Office Electrical Service

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

Location Intelligence

Trade Area within ½ mile

157
Businesses Nearby

Demographics for 84701, UT

8,883
Population
3,345
Households
2.7
Avg Household Size
33
Median Age
23%
College-Educated
92%
High-School Grad
229.1 sq mi
ZIP Area
39
Density / Sq Mi
$77,532
Median Household Income
$34,421
Median Earnings
$855
Median Rent
$296,500
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?
Short term rental property - Twin home in Richfield, suitable for investors or owner-occupants.
Where is this short term rental property located?
The property is located at 973 W 1080 S Richfield, UT.
What is the asking price?
The asking price for this property is $999,800.
What are key features of this property?
This property features: Turnkey, fully furnished short‑term rental with established income performance (financials available).; Versatile RM‑11 zoning allows for short‑term rental, primary residence, or second home use.; Upscale kitchen and numerous interior upgrades (black windows, flooring, paint, etc.).
More about this property
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