Address
819 W 50 N, Richfield, UT
Price
$ 2,589,000
Property Attributes
- MLS#2186822
- TypeMulti-Family
- Listing Status Active
- CountySEVIER
- CityRichfield
- AreaCentral Sevier
- NeighborhoodWILLOW CREEK
- Zip84701
- StyleStories: 3
- Year Built2008
- Taxes$ 10331
- Price$ 2,589,000
- Bedrooms36
- Full Bathrooms24
- Half Bathrooms0
- Sqr Footage13800
- Lot Size0.01 Acres
Data Source:
Wasatch Front Regional MLS (WFRMLS)
Property Description
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 families-who pay on time and value the sense of community. 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, creating a welcoming, relaxed environment. Proven management provide responsive, same-day maintenance and a family-like management approach have fostered a strong sense of trust and loyalty among tenants, making this a positive influence on the wider community. This listing is for 1 of 2 buildings available. Each building has 12 units, and both buildings can be purchased separately or together as a pair for maximum investment value and income opportunity.
| Elementary School | Middle School | High School |
|---|---|---|
| Ashman Elementary School | Red Hills Middle School | Richfield High School |
| Price History | |
|---|---|
| 9/22/2026 | Listed $2,589,000 |
General Features
| Living Area | 13800.0 |
|---|---|
| Sewer | Sewer: Connected,Sewer: Public |
| Heating | Forced Air |
| Utilities | Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected |
| Roof | Asphalt,Pitched |
| Zoning | Multi-Family |
| Architectural Style | Stories: 3 |
| Construction Materials | Brick,Stucco |
| Year Built | 2008 |
| Topography | Sprinkler: Auto-Part |
| Property Subtype | > 4 Units |
| Current Use | Residential |
| Accessibility | Accessible Entrance,Single Level Living,Customized Wheelchair Accessible |
| County | Sevier |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | WILLOW CREEK |
| Garage Y/N | No |
| Status | Active |
| High School | Richfield |
| City | Richfield |
| Senior Community Y/N | No |
| High School District | Sevier |
| Number Of Units Total | 12 |
| MLS Area | Central Sevier |
| Lot Size Units | Acres |
| Lot Size Square Feet | 435.6 |
| Carport Y/N | No |
| Elementary School | Ashman |
| Property Attached Y/N | No |
| Tax Annual Amount | 10331.0 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Red Hills |
| Property Condition | Blt./Standing |
| Lease Considered Y/N | No |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Middle/Junior School District | Sevier |
| Elementary School District | Sevier |
| PostalCity | Richfield |
| ADU | No |
Interior Features
| Interior Amenities | Bath: Primary,Disposal,Range/Oven: Free Stdng.,Dishwasher: Built-In |
|---|---|
| Flooring | Carpet,Tile |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Laundry Features | Electric Dryer Hookup |
| Total Bedrooms | 36 |
| Total Baths | 24 |
Exterior Features
| Exterior Amenities | Double Pane Windows |
|---|---|
| Vegetation | Landscaping: Part |
| Lot Features | Sprinkler: Auto-Part |
| Water Source | Culinary |
| Lot Size Area | 0.01 |
| Spa | No |
| Building Area Total | 13800.0 |
| Lot Dimensions | 0.0x0.0x0.0 |
| Lot Size Acres | 0.01 |
| Frontage Length | 0.0 |
| Private Pool | No |
| Waterfront Y/N | No |
| RV Parking Dimensions | 0.00 |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 84701
Price
Taxes
Year Built
Wasatch Front Regional MLS - Salt Lake Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
