5120 E Grande Vermillion Ave, Kanab, UT 84741
$1,600,000
Property Type:
MultiFamily
Square Footage:
6,825
Lot Size (sq. ft.):
40,075
Status:
Active - Contingent
Current Price:
$1,600,000
List Date:
11/28/2025
Last Modified:
2/24/2026
Overview
Description
Turn-Key 8-Plex Multifamily Investment | New Construction | Fully Rented- This newly constructed 8-plex offers a rare opportunity to secure a fully leased, income-producing property with modern finishes and strong long-term appeal. Designed for efficiency, durability, and tenant satisfaction, this complex is an excellent addition to any investment portfolio. The property includes a balanced mix of units: two 3-bedroom, 2-bath units; three 2-bedroom, 1-bath units; and three 1-bedroom, 1-bath units. All units are all-electric and come fully equipped with a washer, dryer, refrigerator, range, microwave, garbage disposal, and individual HVAC systems. Interior finishes include quartz countertops, soft-close cabinetry, and LVP flooring throughout every home. Each residence features its own
Listing Details MLS# 25-267048
Location, Tax & Legal
- House Number
- 5120
- Street Direction Pfx
- E
- Street Name
- Grande Vermillion
- Street Suffix
- Ave
- MLS Area
- Outside Area
- State/Province
- UT
- Postal Code
- 84741
- County
- Other
- Tax ID
- 6-3
- Total Taxes
- 1
- Tax Year
- 2024
- Elementary Schools
- Out of Area
- Intermediate Schools
- Out of Area
- Jr. High Schools
- Out of Area
- Sr. High Schools
- Out of Area
- List Price/SqFt
- 234.43
General Prop Info
- Realtor.com
- Multi-Family
- Lot Acres
- 0.92
- Hot Tub YN
- Yes
- Pool Private YN
- No
- Year Built
- 2025
- # of Buildings
- Yes
- Number of Units
- 8
- 1 Bedroom Aprx SqFt
- 595
- 2 Bedroom Aprx SqFt
- 840
- 3 Bedroom Aprx SqFt
- 1260
- Total SqFt
- 6825
- # Floors
- Yes
- Elevators
- No
- HOA Transfer Fee
- No
Contract Info
- Original List Price
- 1600000
- Short Sale Status
- No
Status Change Info
- Under Contract Date
- 2025-11-23
Annual Grs Rntl Inc
- # 1 Bedroom Units
- 3
- 1 Bedroom Rent
- 1000
- 1 Bedroom Total Rent
- 3000
- # 2 Bedroom Units
- 3
- 2 Bedroom Rent
- 1200
- 2 Bedroom Total Rent
- 3600
- # 3 Bedroom Units
- 2
- 3 Bedroom Total Rent
- 2800
Remarks & Misc
- Public Remarks
- Turn-Key 8-Plex Multifamily Investment | New Construction | Fully Rented- This newly constructed 8-plex offers a rare opportunity to secure a fully leased, income-producing property with modern finishes and strong long-term appeal. Designed for efficiency, durability, and tenant satisfaction, this complex is an excellent addition to any investment portfolio. The property includes a balanced mix of units: two 3-bedroom, 2-bath units; three 2-bedroom, 1-bath units; and three 1-bedroom, 1-bath units. All units are all-electric and come fully equipped with a washer, dryer, refrigerator, range, microwave, garbage disposal, and individual HVAC systems. Interior finishes include quartz countertops, soft-close cabinetry, and LVP flooring throughout every home. Each residence features its own
More Information
Construction
- Stucco
- Yes
Separate Meters
- Electric
- Yes
Zoning
- Commercial
- Yes
- Multi-Family
- Yes
Garage/Carport
- Carport Spaces
- 16
Terms of Sale
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
Roof
- Asphalt
- Yes
Heating
- Electric
- Yes
- Heat Pump
- Yes
Air Conditioning
- Central Air
- Yes
- Heat Pump
- Yes
Showing Instructions
- Call Listing Agent
- Yes
Possession
- Negotiable
- Yes
Property Features
Construction:
Stucco
Separate Meters:
Electric
Roof:
Asphalt
Heating:
Heat Pump; Electric
Air Conditioning:
Central Air; Heat Pump
Showing Instructions:
Call Listing Agent
Zoning:
Commercial; Multi-Family
Terms of Sale:
1031 Exchange; Cash; Conventional
Possession:
Negotiable
Listing Office:
LRG Collective
Last Updated: February - 24 - 2026
Information deemed reliable but not guaranteed.