Newly constructed in 2024, this stabilized 18-unit multifamily asset offers investors a rare opportunity to acquire a modern, low-maintenance property with strong in-place rents and high occupancy. Professionally managed and thoughtfully designed, the building features contemporary finishes and efficient unit layouts that continue to drive tenant demand. Located in the heart of Utah County with convenient access to major employment centers, retail, and transportation corridors. With no deferred maintenance and minimal capital expenditure requirements, this property is well-suited for investors seeking predictable cash flow, long-term appreciation, and accelerated depreciation benefits. An excellent hands-off acquisition for 1031 exchange buyers or investors seeking a high-quality, stabilized multifamily asset.
For sale
$4,750,000
1126 W 250 S, American Fork, UT 84003
33beds
30baths
17,965sqft
Multi Family
Built in 2024
-- sqft lot
$4,494,800 Zestimate®
$264/sqft
$3,582/mo HOA
What's special
- 169 days |
- 70 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Parley J Wersland,
Real Broker, LLC
Source: UtahRealEstate.com,MLS#: 2134120
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 33
- Bathrooms: 30
Rooms
- Room types: Master Bathroom
Heating
- Electric, Forced Air, Central
Appliances
- Included: Disposal, Free-Standing Range, Built In Dishwasher
Features
- Walk-In Closet(s), Granite Counters
- Flooring: Carpet
- Doors: Sliding Doors
- Windows: Double Pane Windows
- Has fireplace: No
Interior area
- Total structure area: 17,965
- Total interior livable area: 17,965 sqft
Property
Parking
- Total spaces: 36
- Parking features: Open
- Uncovered spaces: 36
Accessibility
- Accessibility features: Fully Accessible, Ground Level, Single Level Living, Customized Wheelchair Accessible
Features
- Levels: Three Or More
- Entry location: Ground Level
- Patio & porch: Covered, Covered Patio
- Exterior features: Balcony, Lighting
- Has view: Yes
- View description: Lake, Mountain(s)
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.59 Acres
- Residential vegetation: Landscaping: Full
Details
- Parcel number: 560400009
- Zoning: R3
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Stucco
- Roof: Membrane
Condition
- Blt./Standing
- New construction: No
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer, Sewer: Public
- Water: Culinary
- Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Clubhouse
- Subdivision: The Yard
HOA
- Has HOA: Yes
- HOA fee: $3,582 monthly
- HOA name: Rachel
- HOA phone: 801-704-3440
Location
- Region: American Fork
Financial & listing details
- Price per square foot: $264/sqft
- Annual tax amount: $20,779
- Date on market: 1/30/2026
- Acres allowed for irrigation: 0
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$4,494,800
$4.27M - $4.72M
$1,660/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Price change | $4,750,000-3.1%$264/sqft |
Source:  UtahRealEstate.com #2134120 Report a problem | ||
| 1/30/2026 | Listed for sale | $4,900,000-13.9%$273/sqft |
Source: UtahRealEstate.com #2134120 Report a problem | ||
| 5/2/2025 | Listing removed | $5,690,000$317/sqft |
Source: UtahRealEstate.com #2055886 Report a problem | ||
| 12/27/2024 | Listed for sale | $5,690,000$317/sqft |
Source: UtahRealEstate.com #2055886 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 84003
Nearby schools
GreatSchools rating
- 8/10Greenwood SchoolGrades: PK-6Distance: 1.6 mi
- 6/10American Fork Jr High SchoolGrades: 7-9Distance: 2.5 mi
- 6/10American Fork High SchoolGrades: 10-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Trailside Elementary
- Middle: Orem
- High: Mountain View
- District: Alpine
Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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