5120 E Grande Vermillion Ave, Kanab, UT 84741 (MLS# 25-267048)

5120 E Grande Vermillion Ave, Kanab, UT 84741

$1,600,000

Virtual Tour

https://youtu.be/9y72wFLm4Tw

Property Type: MultiFamily Square Footage: 6,825 Lot Size (sq. ft.): 40,075 Status: Pending - Accepting Backup Offers

Current Price: $1,600,000 List Date: 11/28/2025 Last Modified: 7/31/2026

Overview

Description

Turn-Key 8-Plex Multifamily Investment | New Construction | Fully Rented- This newly constructed 8-plex offers a rare opportunity to secure a fully leased, income-producing property with modern finishes and strong long-term appeal. Designed for efficiency, durability, and tenant satisfaction, this complex is an excellent addition to any investment portfolio. The property includes a balanced mix of units: two 3-bedroom, 2-bath units; three 2-bedroom, 1-bath units; and three 1-bedroom, 1-bath units. All units are all-electric and come fully equipped with a washer, dryer, refrigerator, range, microwave, garbage disposal, and individual HVAC systems. Interior finishes include quartz countertops, soft-close cabinetry, and LVP flooring throughout every home. Each residence features its own

Listing Details MLS# 25-267048

Location, Tax & Legal

House Number: 5120
Street Direction Pfx: E
Street Name: Grande Vermillion
Street Suffix: Ave
MLS Area: Outside Area
State/Province: UT
Postal Code: 84741
County: Other
Tax ID: 6-3

Contract Info

Original List Price: 1600000
Short Sale Status: No

General Prop Info

Realtor.com: Multi-Family
Lot Acres: 0.92
Hot Tub YN: No
Pool Private YN: No
Year Built: 2025
# of Buildings: Yes
Number of Units: 8
1 Bedroom Aprx SqFt: 595
2 Bedroom Aprx SqFt: 840
3 Bedroom Aprx SqFt: 1260
Total SqFt: 6825
# Floors: Yes
Elevators: No
HOA Transfer Fee: No

Status Change Info

Under Contract Date: 2025-11-23

Annual Grs Rntl Inc

# 1 Bedroom Units: 3
1 Bedroom Rent: 1000
1 Bedroom Total Rent: 3000
# 2 Bedroom Units: 3
2 Bedroom Rent: 1200
2 Bedroom Total Rent: 3600
# 3 Bedroom Units: 2
3 Bedroom Total Rent: 2800

More Information

Property Features

Construction: Stucco Separate Meters: Electric Roof: Asphalt Heating: Heat Pump; Electric Air Conditioning: Central Air; Heat Pump Showing Instructions: Call Listing Agent Zoning: Commercial; Multi-Family Terms of Sale: 1031 Exchange; Cash; Conventional Possession: Negotiable

Listing Office: LRG Collective

Last Updated: July - 31 - 2026

Information deemed reliable but not guaranteed.