Features & Amenities

Interior

  • Other Interior Features

    Walk-In Closet(s)

  • Total Bedrooms

    12

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    6

  • Construction Materials

    Brick, Stucco

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Secluded

  • Lot Size(acres)

    0.36

  • Lot Size(square feet)

    15681.6

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Stories: 2

Price

  • Sales Price

    $1,350,000

  • Tax Amount

    $5,548

  • Sq. Footage

    5, 197

  • Price/SqFt

    $259

HOA

  • Association

    Yes

  • Association Fee

    $546

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Alpine

  • Middle School

    Pleasant Grove

  • High School

    Pleasant Grove

Property Features

  • New Construction

    NO

  • Accessibility Features

    Accessible Entrance

  • Association Amenities

    Insurance, Maintenance, Snow Removal

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

Utah

Elementary School

Alpine

Middle School

Pleasant Grove

High School

Pleasant Grove

Listing Courtesy of Bryce Anderson , Intermountain Properties

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Agent Micah Pearson

Principal Broker

Micah Pearson

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All offers will be reviewed June 1. 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, $1650; Unit B, 1100sf, $1650; Unit C, 1650sf, $1645, and Unit D, 1100sf, $1600. 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!

591 S 1050 W

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Rare investment opportunity in the heart of Pleasant Grove! This turn-key 4-plex has been recently remodeled with modern finishes, ensuring high tenant demand and a low-maintenance ownership experience. The property currently rents effortlessly; however, current rates remain well below market, providing an immediate opportunity to boost the cap rate and push appreciation. Situated on an expansive lot, this property also offers significant future development potential, providing a rare blend of immediate cash flow and long-term value upside.
#2135248

Pleasant Grove

77 N MAIN ST

10 Beds

None Baths

4,631 Sq.Ft.

$1,195,000

MLS#: 2135248

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