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423 W 700 N N ST, American Fork, UT 84003
Reduced from $750,000 · today
423 W 700 N N ST, American Fork, UT 84003
Type
SFR
List Price
$739,500
Price/Sqft
$211
Est Gross Yield
4.0%
$29,676/yr est.
What if part of your home could help offset your mortgage? Fully renovated in 2023, this 5-bedroom, 3-bathroom American Fork home offers something increasingly hard to find: a beautiful place to live with built-in flexibility and an established income-producing setup. Currently operating as a highly rated Airbnb with a 4.97-star average, Guest Favorite recognition, Superhost status, and more than two years of proven performance, the property offers multiple possibilities. Continue the successful short-term rental, explore long-term rental options, create a multi-generational setup, or live upstairs while using the lower level to help offset your monthly housing costs. The lower level is already designed for flexibility, with a full second kitchen, second laundry area, separate basement entrance, and the ability to configure the space as a 1- or 2-bedroom apartment. The home's multiple living areas provide plenty of room for everyday living and entertaining, while the current setup can accommodate up to 14 guests. Outside, the quarter-acre property feels like a private retreat, with a hot tub and bistro lighting, sport court for pickleball or basketball, fire pit gathering area, large yard, patio dining, and BBQ space. For buyers interested in continuing the short-term rental operation, the seller is open to transferring the Airbnb listing, review history, Superhost status, and established property-management automations for a more seamless transition. Furnishings are also negotiable, and 2+ years of income history are available upon request. Minutes from canyon access, parks, shopping, and freeway connections, this isn't simply a renovated 5-bedroom home. It's a property that gives its next owner options, to live, host, invest, or potentially do all three.
Listed by Amy Kendall · KW Westfield (ACADIA)
423 W 700 N N ST, American Fork, UT 84003
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Cap Rate
2.67%
Cash-on-Cash
-5.35%
Cash Flow
-$1,237/mo
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/25/2026, 11:24:54 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.