1126 W 250 S, American Fork, UT, 84003
About This Home
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.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Blt./Standing
- Year built: 2024
Materials
- Roof: Membrane
- Construction materials: Brick,Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Disposal,Free-Standing Range,Built In Dishwasher
Bedrooms & Bathrooms
- Bedrooms: 33
- Bathrooms: 30
Features
- Walk-In Closet(s),Granite Counters
- Door features: Sliding Doors
- Window features: Double Pane Windows
- Flooring: Carpet
Heating
- Heating features: Electric,Forced Air,Central
Interior Area
- Total structure area: 17,965
- Total interior livable area: 17,965 sqft
Property
Accessibility
- Accessibility features: Fully Accessible,Ground Level,Single Level Living,Customized Wheelchair Accessible
Details
- Parcel number: 560400009
- Zoning: R3
- Zoning description: Multi-Family
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
- Residential vegetation: Landscaping: Full
Lot
- Lot size: 0.59 Acres
- Lot size dimensions: 0.0 x 0.0 x 0.0
Parking
- Total spaces: 36
- Parking features: Open
- Has uncovered spaces: Yes
- Uncovered spaces: 36
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Utah Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $24,018 | $288,216 |
| Home Insurance | $1,008 | $12,096 |
| Property Taxes | $1,702 | $20,424 |
| Electricity | $1,090 | $13,085 |
| Total | $27,818 | $333,816 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-17 | Price change | $4,750,000 |
| 2026-01-30 | Listed for sale | $4,900,000 |
| 2025-05-02 | Listing removed | $5,690,000 |
| 2024-12-27 | Listed for sale | $5,690,000 |
For Sale by Agent
View on Zillow