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819 W 50

Richfield, UT 84701
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Bed 36

Bed

Bath 24

Bath

SqFt13,800

Sqft

Acres0.01

Acre(Lot)

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 renta l 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. Other listing is MLS #2104671

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Detail Ic Property Details

Property Type : Residential

Price : $2,670,000

AD Id : 80006679

MLS Id : 2104672

Beds : 36

Lot Size : 0.01 Acre

Living Area Size : 13,800

Year Built : 2008

County : Sevier

Subdivision: Millmont

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Feature Features

  • Bedroom Information

    Total beds: 36

    Bathroom Information

    Total Baths: 24
  • Flooring Information

    Carpet, Tile
  • Roofing Information

    Asphalt
  • Interior Features

    Roof: Asphalt Appliances: Dishwasher, Disposal, Oven, Range Laundry Features: Electric Dryer Hookup Window Features: Double Pane Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Cooling: None

  • Building Information

    Year Built: 2008 Building Area Total: 13800 Construction Materials: Brick, Stucco Frontage Length: 0.0 Private Pool: No

  • Lot Information

    Lot Dimensions: 0.0x0.0x0.0 Main Square Feet: 0.01 Acres Lot Size Acres: 0.01 Lot Size Square Feet: 435.6

    Property Information

    Subdivision: WILLOW CREEK Source Property Type: Residential Property SubType: Multi Family Property Age: 18

  • Listing Price Information

    Listing Price: $2670000 Original Price: $3125000

  • Tax Information

    Parcel Number: 6-1A-1 Annual Tax: $10331

  • School Information

    Elementary School: Ashman
    Junior High School: Red Hills
    Senior High School: Richfield
  • Utility Information

    Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
  • Location Information

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
39 N 200, Richfield, UT, 84701 $799,800 6 6 4,398 4,398 SqFt
250 W 700 #A/B, Richfield, UT, 84701 $329,900 3 2 1,593 1,593 SqFt
797 W 50, Richfield, UT, 84701 $2,850,000 36 24 13,800 13,800 SqFt
977 W 1080, Richfield, UT, 84701 $999,800 6 6 5,142 5,142 SqFt

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 06/08/2026 @ 00:38. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

ByOwner last updated this listing 06/08/2026 @ 00:38

MLS: 2104672 LISTED BY: Mason Shaver, Green Valley Brokers 435-893-7253 SOURCE: UtahRealEstate (Wasatch Front)

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