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819 W 50 N, 
Richfield, UT 84701

$2,589,000


36

Beds


24

Baths


13,800

Sq Ft


Multi-Family

Active

Listed by

Mason C Shaver

, 

Michael S Shaver

Green Valley Brokers

435-893-7253

Last updated:

October 11, 2026, 11:24 AM

MLS#

2186822

Source:

SL

About This Home

819 W 50 N

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.

Home Facts

Multi-Family

24 Baths

36 Bedrooms

Built in 2008

Subdivision & Development:

WILLOW CREEK

Price Summary

2,589,000

$187 per Sq. Ft.

MLS #:

2186822

Last Updated:

October 11, 2026, 11:24 AM

Added:

23 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

36

Bathrooms

Total Bathrooms:

24

Interior

Living Area:

13,800 Sq. Ft.


Structure

Structure

Building Area:

13,800 Sq. Ft.

Year Built:

2008


Lot

Lot Size (Sq. Ft):

435


Finances & Disclosures

Finances

Price:

$2,589,000

Price per Sq. Ft:

$187 per Sq. Ft.

Source:SL
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.