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414 E 500 S, American Fork, UT — photo 11 / 44

$739,000

414 E 500 S, American Fork, UT 84003

Units

2

Price/Unit

$369,500

Price/Sqft

$283

Est Gross Yield

7.2%

$53,016/yr est.

Property Details

Property typeDuplex
Year built1995
Total units2
Living area2,610 sqft
Bedrooms5
Bathrooms4
Lot size0.66 acres
Parking11 spaces
Days on market2
Listed2026-09-19T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
Unit 11001,305
Unit 21001,305
Total2002,610

Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.

Description

Rare 0.66-Acre Multi-Family Compound in American Fork! Perfect for investors, house-hackers, or multi-generational living, this duplex sits on an expansive lot with lush landscaping and an automatic sprinkler system. The yard boasts fruit trees and berry bushes, gardening space, and grow boxes. A well-built custom deck overlooks the partially inground pool setup. Includes 1/2 water share. The main home features a 5-bedroom, 4-bathroom layout with recent 2021 updates throughout. The floor plan is split into a 3-bedroom, 2-bathroom upper unit and a separate 2-bedroom, 2-bathroom basement unit. Parking includes a 2-car garage, 2-car carport with an additional uncovered space, gravel RV parking, and ample gravel parking spots. As a bonus, the property is zoned with the potential to construct an attached third unit on-site. In the backyard is a custom 2-story detached accessory building currently configured as a private remote office on top and a fitness gym on the bottom. It is fully equipped with individual mini-split HVAC units. An additional large greenhouse shed near the back of the property also has its own mini-split HVAC. Conveniently located 2 minutes from I-15, providing quick and easy access to the point of the mountain, Thanksgiving Point, UVU, and more. 75" 4k tv, power lifting squat rack, all upstairs appliances, detached office and gym standing desks, may be included in full price offer. The Seller is a licensed real estate agent in the state of Utah. Buyer and buyer's agent to independently verify all information.

Listed by Jacob Gibson · Equity Real Estate (Utah)

Location

414 E 500 S, American Fork, UT 84003

Proforma

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Cap Rate

3.45%

Cash-on-Cash

-3.28%

Cash Flow

-$757/mo

Purchase Price$739,000
Down Payment35% ($258,650)
Interest Rate6.00%
Monthly Rent$3,192/mo
Vacancy5%
Expense Ratio30% ($10,917)

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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, 3:11:26 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.