973 & 977 W 1080 S #11 & #12, Richfield, UT 84701

$1,038,000
Property Type: MultiFamily Square Footage: 5,142 Lot Size (sq. ft.): 7,841 Status: Active
Current Price: $1,038,000 List Date: 3/05/2026 Last Modified: 3/14/2026

Overview

Description

Versatile ownership opportunity located in Richfield City under RM-11 zoning. This beautifully maintained home offers flexibility for both owner-occupants and investors. Currently operating as a licensed short-term rental with established performance, the property may continue as an income-producing asset (subject to local regulations and buyer verification) or transition seamlessly into a primary residence or second home. Interior upgrades include an upscale kitchen, black windows, upgraded garage door, two-tone interior paint, quality carpet, higher-end laminate flooring, and ceiling fans throughout. Exterior features include attractive landscaping and a nearly fully fenced yard, enhancing both everyday living and guest appeal. Financial performance is based on approximately eight months of actual 2025 short-term rental operations and has been annualized to reflect stabilized performance. Detailed financials are available upon request. The sale includes furnishings currently used in rental operations, allowing for a smooth, turnkey transition. Personal property to transfer via separate bill of sale at closing. The property may be purchased individually or together with a second nearby income-producing property with a separate tax ID, creating a unique portfolio expansion opportunity. This listing represents the right side of the twin home located at 977 West 1080 South and constitutes one-half of the building. See agent remarks for additional information.

Listing Details MLS# 26-269890

Location, Tax & Legal

House Number
973 & 977
Street Direction Pfx
W
Street Name
1080
Street Direction Sfx
S
MLS Area
Outside Area
State/Province
UT
Postal Code
84701
County
Other
Subdivision
NONE
Tax ID
6-169-11 & 6-169-12
Unit #
#11 & #12
Total Taxes
2450
Tax Year
2025
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
201.87

General Prop Info

Realtor.com
Multi-Family
Lot Acres
0.18
Hot Tub YN
No
Pool Private YN
No
Pool Community YN
No
Lot Irregular
No
Year Built
2025
# of Buildings
2
Number of Units
2
3 Bedroom Aprx SqFt
2571
Total SqFt
5142
# Floors
2
Elevators
No
HOA Transfer Fee
No

Contract Info

Original List Price
1038000
Short Sale Status
No

Remarks & Misc

Public Remarks
Versatile ownership opportunity located in Richfield City under RM-11 zoning. This beautifully maintained home offers flexibility for both owner-occupants and investors. Currently operating as a licensed short-term rental with established performance, the property may continue as an income-producing asset (subject to local regulations and buyer verification) or transition seamlessly into a primary residence or second home. Interior upgrades include an upscale kitchen, black windows, upgraded garage door, two-tone interior paint, quality carpet, higher-end laminate flooring, and ceiling fans throughout. Exterior features include attractive landscaping and a nearly fully fenced yard, enhancing both everyday living and guest appeal. Financial performance is based on approximately eight months of actual 2025 short-term rental operations and has been annualized to reflect stabilized performance. Detailed financials are available upon request. The sale includes furnishings currently used in rental operations, allowing for a smooth, turnkey transition. Personal property to transfer via separate bill of sale at closing. The property may be purchased individually or together with a second nearby income-producing property with a separate tax ID, creating a unique portfolio expansion opportunity. This listing represents the right side of the twin home located at 977 West 1080 South and constitutes one-half of the building. See agent remarks for additional information.

Construction

Stucco
Yes

More Information

Separate Meters

Electric
Yes
Gas
Yes
Water
Yes

Zoning

Multi-Family
Yes
Residential
Yes

Garage/Carport

Garages
Yes
Garage Spaces
2

Terms of Sale

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
VA
Yes

Roof

Asphalt
Yes

Heating

Gas FA
Yes

Air Conditioning

Central Air
Yes

Showing Instructions

Key Box
Yes

Possession

Close Of Escrow
Yes

Property Features

Construction: Stucco Separate Meters: Electric; Gas; Water Roof: Asphalt Heating: Gas FA Air Conditioning: Central Air Showing Instructions: Key Box Zoning: Multi-Family; Residential Terms of Sale: 1031 Exchange; Cash; Conventional; VA Possession: Close Of Escrow
Listing Office: RED ROCK REAL ESTATE CENTRAL
Last Updated: March - 14 - 2026
Information deemed reliable but not guaranteed.