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227 N 450 E, Monroe, UT — photo 11 / 61
Single FamilyADU Potential

$669,000

227 N 450 E, Monroe, UT 84754

Type

SFR

List Price

$669,000

Price/Sqft

$186

Est Gross Yield

4.5%

$30,000/yr est.

Property Details

Property typeSingle Family
Year built2026
Total units1
Living area3,590 sqft
Bedrooms4
Bathrooms2
Lot size0.28 acres
Parking2 spaces
Days on market2
Listed2026-09-19T00:00:00+00:00

Description

Brand-new construction, thoughtfully designed home offering 3,590 sq ft of versatile living space, quality finishes, and functionality throughout, with the potential for an ADU. Offering an exciting opportunity for additional living space or future rental income. The full walk-out/daylight basement provides excellent flexibility and opens directly to the exterior, creating even more potential for future use. Thoughtfully designed with comfort, functionality, and modern finishes throughout, this home offers a versatile layout with plenty of room to grow. The main level features 4 bedrooms, or the flexibility to use 3 bedrooms plus a dedicated office space. The open-concept design creates an inviting flow between the spacious living area and beautifully finished kitchen. Step outside onto the main-level deck, providing a convenient space to enjoy the outdoors and take in the surrounding views. Custom kitchen cabinets with soft-close hinges are paired with quartz and granite countertops and undermount sinks, creating a clean, elevated feel. Gas and electric appliance hookups provide flexibility when setting up the kitchen. The primary suite offers a comfortable private retreat with a walk-in closet, while ceiling fans in every bedroom provide added comfort year-round. Practical features throughout the home include a 2-car garage, easy attic access for additional storage, a water softener hookup, and soffit outlets for holiday or accent lighting. The full walk-out/daylight basement provides substantial additional space and is designed with future possibilities in mind. An exterior entrance is already in place, with the basement stubbed for a potential ADU, subject to applicable approvals and requirements. A future ADU could provide flexibility for guests, extended family, a private living space, or the potential to generate additional rental income. With generous square footage, a flexible floor plan, quality finishes, a main-level deck, and a walk-out/daylight basement with ADU potential, this brand-new home offers a combination of comfort, versatility, and opportunity. The home is expected to be finished in October 2026.

Listed by Bailee A Morrell · Bybee & Co Realty, LLC

Location

227 N 450 E, Monroe, UT 84754

Proforma

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Cap Rate

2.98%

Cash-on-Cash

-4.52%

Cash Flow

-$945/mo

Purchase Price$669,000
Down Payment35% ($234,150)
Interest Rate6.00%
Monthly Rent$2,500/mo
Vacancy5%
Expense Ratio30% ($8,550)

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

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/21/2026, 3:02:31 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.