797 W 50 N, Richfield, UT 84701

Richfield
Local realty services provided by:ERA Brokers Consolidated
797 W 50 N,Richfield, UT 84701
$2,850,000
  • 36 Beds
  • 24 Baths
  • 13,800 sq. ft.
  • Multi-family
  • Active
Listed by: michael s shaver
Office: green valley brokers
MLS#:2104671
Source:SL

Price summary

  • Price:$2,850,000
  • Price per sq. ft.:$206.52

About this home

Cash cow investment with 100% occupancy near Snow College Richfield campus. This is an incredibly rare opportunity to own a fully occupied, well-maintained 12-unit apartment complex in the heart of Richfield, Utah - just steps from Snow College. With stable, long-term tenants and a proven history of consistent rental income, this property is a true turnkey investment. Current rents average $1,041/month per unit, well below market value - which means there's a strong potential upside. Similar units in the area are renting for around $1,400/month, offering immediate potential to significantly increase cash flow. Prime location provides lasting value. Located in one of Richfield's most desirable neighborhoods, this property benefits from its proximity to Snow College, ensuring ongoing rental demand and strong property values. The grounds are meticulously maintained, and the surrounding area is quiet, safe, and family-oriented. The building attracts quality tenants-primarily working...

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Home facts

  • Year built:2008
  • Listing ID #:2104671
  • Added:229 day(s) ago
  • Updated:March 30, 2026 at 10:58 AM

Rooms and interior

  • Bedrooms:36
  • Total bathrooms:24
  • Flooring:Carpet, Tile
  • Kitchen Description:Dishwasher: Built-In, Disposal, Range/Oven: Free Stdng.
  • Living area:13,800 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt, Pitched
  • Year built:2008
  • Building area:13,800 sq. ft.
  • Lot area:0.01 Acres
  • Lot Features:Sprinkler: Auto-Partial
  • Construction Materials:Brick, Stucco

Schools

  • High school:Richfield
  • Middle school:Red Hills
  • Elementary school:Ashman

Utilities

  • Water:Culinary, Water Connected
  • Sewer:Sewer Connected, Sewer: Connected, Sewer: Public

Finances and disclosures

  • Price:$2,850,000
  • Price per sq. ft.:$206.52
  • Tax amount:$10,331

Features and amenities

  • Laundry features:Electric Dryer Hookups

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