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715 E 550 S, American Fork, UT — photo 11 / 52

$800,000

715 E 550 S, American Fork, UT 84003

Units

3

Price/Unit

$266,667

Price/Sqft

$229

Est Gross Yield

7.5%

$59,832/yr est.

Property Details

Property typeTriplex
Year built2017
Total units3
Living area3,500 sqft
Bedrooms7
Bathrooms5
Lot size0.03 acres
Parking2 spaces
Days on market24
Listed2026-08-10T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
1BR / 1BA111770$1,425/mo
3BR / 2BA1321,330$1,758/mo
3BR / 2BA1321,330$1,908/mo
Unit 4100$75/mo
Total4753,430$5,166/mo

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

Excellent investment opportunity just minutes from Silicon Slopes! This well-maintained triplex offers strong rental income potential in a highly desirable location. Each unit features durable LVT flooring, black appliances, and window blinds throughout. Residents enjoy beautiful mountain views, two garage spaces, six additional parking spaces, and access to a nearby 7-acre park with a playground, swings, and a zip line. Conveniently located near Costco, Target, Walmart, Home Depot, restaurants, and other everyday amenities. Buyer to verify all information deemed reliable. Ground floor garage also included and is rented for $75/mo. Another garage is also attached and is not currently rented.

Listed by Stephen R Olson · Capital Advisors Real Estate

Location

715 E 550 S, American Fork, UT 84003

Proforma

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Cap Rate

7.10%

Cash-on-Cash

6.46%

Cash Flow

$1,614/mo

Purchase Price$800,000
Down Payment35% ($280,000)
Interest Rate6.00%
Monthly Rent$7,115/mo
Vacancy5%
Expense Ratio30% ($24,333)

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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 9/3/2026, 8:18:53 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.