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

New Listing
$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: 3/05/2026

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.

More Information MLS# 26-269890

Contract Info

Original List Price: 1038000 Short Sale Status: No Listing Date: 2026-03-04

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 # of Buildings: 2 3 Bedroom Aprx SqFt: 2571 # Floors: 2 Elevators: No HOA Transfer Fee: No Year Built: 2025 Number of Units: 2 Total SqFt: 5142

Location, Tax & Legal

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 Geo Lat: 38.753227 Geo Lon: -112.101587 List Price: $1,038,000 Current Price: $1,038,000 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

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: 1

Separate Meters

Electric: 1 Gas: 1 Water: 1

Zoning

Multi-Family: 1 Residential: 1

Garage/Carport

Garages: 1 Garage Spaces: 2

Terms of Sale

1031 Exchange: 1 Cash: 1 Conventional: 1 VA: 1

Roof

Asphalt: 1

Heating

Gas FA: 1

Air Conditioning

Central Air: 1

Showing Instructions

Call Listing Agent: 1 Key Box: 1

Possession

Close Of Escrow: 1

Status Change Info

Status: Active

Property Features

Construction: Stucco Separate Meters: Electric; Gas; Water Roof: Asphalt Heating: Gas FA Air Conditioning: Central Air Showing Instructions: Call Listing Agent; 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 - 05 - 2026
Information deemed reliable but not guaranteed.