Back to listings
1940 W OLD HIGHWAY RD, Morgan, UT — photo 11 / 73
Single Family

$850,000

Reduced from $899,000 · 1 day ago

1940 W OLD HIGHWAY RD, Morgan, UT 84050

Type

SFR

List Price

$850,000

Price/Sqft

$262

Est Gross Yield

4.0%

$33,600/yr est.

Property Details

Property typeSingle Family
Year built1968
Total units1
Living area3,245 sqft
Bedrooms4
Bathrooms2
Lot size3 acres
Parking1 spaces
Days on market41
Listed2026-07-30T00:00:00+00:00

Description

There is a vision for the future of this 3-acre property that speaks to its past. Horses once grazed in the pastures, sustained by the alfalfa harvested each year. Pears, plums, and apples were picked from the orchard and soon transformed into fresh pies, while laundry hung on the clothesline because nothing smells better than linens dried in the fresh air. This is what the property once was-and a vision of what it could be again. The home was ahead of its time, offering more than 3,000 square feet and a floor plan that remains highly functional. It simply needs updating to carry it through the next sixty years. The room sizes are generous, there is opportunity for the new owner to expand the kitchen. The basement has space to add an additional bedroom and plumbing for a bathroom. The home is easy to show, and its future is even easier to imagine. Bordering miles and miles of beautiful mountain landscape, walk outside and enjoy hiking and horseback riding. Square footage figures are provided as a courtesy estimate only and were obtained from an appraisal. Buyer is advised to obtain an independent measurement.

Listed by Catherine E Garff · Garff Group Realty

Location

1940 W OLD HIGHWAY RD, Morgan, UT 84050

Proforma

Drag sliders to explore the deal

Cap Rate

2.63%

Cash-on-Cash

-5.46%

Cash Flow

-$1,451/mo

Purchase Price$850,000
Down Payment35% ($297,500)
Interest Rate6.00%
Monthly Rent$2,800/mo
Vacancy5%
Expense Ratio30% ($9,576)

Quick estimates only. Switch to Detailed for full line-item control.

Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.

© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/9/2026, 7:55:03 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.