591 S 1050 W photo 1
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Quadruplex
Active
95Days on Market

$1,350,000

$260/sqft+3.5%/yrHome values in the 84062 zip code have grown an average of 3.5% per year over the last 5 years.

Price history — protected

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About This Property

I'm interested

Rare newer fourplex in an excellent north Utah County location! Ideally situated for easy freeway access. On a safe, dead-end street with abundant yard space, this fourplex rents readily and attracts stable, long-term tenants. While every unit includes three bedrooms, two full bathrooms, laundry hookups, and a garage, there are four unique floor plans. Units A and D are single level plans with two-car garages. Units B and C have one-car garages and two-level layouts, with the bedrooms and bathrooms upstairs. Units B and C also have back exits from the main floor--B has a sliding glass door that opens to a small cement patio, and C has a main-floor laundry room with a back door that opens into a gravel space next to B's patio. During 2025 we replaced tenants who had lived in the B and C units since 2014 and 2016. The current tenants in the A and D units have been in place since 2021 and 2022, respectively. This building is in great condition with no deferred maintenance. The $547 monthly HOA fee covers landscaping, snow removal, building exterior insurance/maintenance, and a common playground area. The HOA is managed by TPM. The fourplex has been managed by the owners, who will gladly share their preferred contacts for plumbing, etc. Present rents and approximate square footage are as follows: Unit A, 1350sf, $1750; Unit B, 1100sf, $1725; Unit C, 1700sf, $1700, and Unit D, 1100sf, $1700. The units are separately metered, so the tenants pay for ALL of their own utilities, including water/trash and internet. Please note that the interior photos of Unit B were taken last year before new carpet was installed. Some of the other photos are from other congruent buildings No showings without an accepted offer. Please do not bother tenants!

Property Features

Heating

Forced Air,Gas: Central

Flooring

Carpet,Vinyl

Interior Features

Closet: Walk-In,Disposal,Range/Oven: Free Stdng.,Dishwasher: Built-In

HOA Details

HOA Fee$546/Monthly

Fee Includes

Insurance,Maintenance Grounds

Community Amenities

Insurance,Maintenance,Snow Removal

Unit Breakdown

Type 1

3 bed · 2 bath · Square Feet: 1350

$1,750/mo

Type 2

3 bed · 2 bath · Square Feet: 1100

$1,725/mo

Type 3

3 bed · 2 bath · Square Feet: 1650

$1,700/mo

Type 4

3 bed · 2 bath · Square Feet: 1100

$1,700/mo

Total Actual Rent(4 units)

$6,875/mo

Location

Estimated Monthly Payment

$7,855/mo

Down Payment$270,000 (20%)
Principal & Interest$6,847
Property Tax$462/mo
HOA (incl. insurance)$546/mo
Est. Total$7,855/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

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MLS# 2160327• Tax ID: 66-374-0007

Courtesy of Bryce Anderson, Intermountain Properties · bryceandersonagent@gmail.com

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.

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Estimated Monthly Payment

$7,855/mo

Down Payment$270,000 (20%)
Principal & Interest$6,847
Property Tax$462/mo
HOA (incl. insurance)$546/mo
Est. Total$7,855/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

Generic estimate. Create an account to enter your down payment, rate, and cash on hand for a number tailored to you.

Create account & personalize

MLS# 2160327• Tax ID: 66-374-0007

Courtesy of Bryce Anderson, Intermountain Properties · bryceandersonagent@gmail.com

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.

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