691 N 400 E A & B, American Fork, UT 84003

New Listing
$564,900
Property Type: MultiFamily Square Footage: 2,146 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $564,900 List Date: 4/04/2026 Last Modified: 4/04/2026

Overview

Description

Multi-generational living + serious income potential in the heart of American Fork! Ideal for owner-occupants or investors-live in one unit and offset your mortgage. 💰 Income Snapshot: Upstairs rents for $1,575 + $275 utilities Downstairs rents for $1,300 + $250 utilities (low rent- prior rents $1400+|Gross RENTS= $3400 (Not including bonus garage) Bonus: HUGE Detached Workshop/garage previously both small light industrial and lighting. Rented low $500+/month-(family discount). Get additional income well over $4000l! Upstairs features 3 bedrooms, 1 bath, triple hall closets, dedicated laundry, and front/deck porch access. Downstairs (South Red Door) offers a fully functional Separate basement Apartment- or Mother-In-Law; second living space with LVP flooring, granite countertops, San Juan backsplash, 2 bedrooms + office (non-conforming), 1 bath, under-stair storage, and its own spacious laundry/storage area. All kitchen appliances included throughout ENTIRE home (Fridges, Stove ...

Listing Details MLS# 26-270984

Location, Tax & Legal

House Number
691
Street Direction Pfx
N
Street Name
400
Street Direction Sfx
E
MLS Area
Outside Area
State/Province
UT
Postal Code
84003
County
Utah
Tax ID
52:025:0020
Unit #
A & B
Total Taxes
2200
Tax Year
2025
List Price/SqFt
263.23

General Prop Info

Realtor.com
Multi-Family
Lot Acres
0.16
Hot Tub YN
No
Pool Private YN
No
Pool Community YN
No
Lot Irregular
No
Year Built
1971
# of Buildings
Yes
Number of Units
2
Studio Aprx SqFt
1027
2 Bedroom Aprx SqFt
1073
3 Bedroom Aprx SqFt
1073
Total SqFt
2146
# Floors
2
Elevators
No
HOA Transfer Fee
No

Contract Info

Original List Price
564900
Short Sale Status
No

Annual Grs Rntl Inc

2 Bedroom Total Rent
18600
3 Bedroom Rent
22200
Potential Rental Inc
6000

Annual Oper Expenses

Real Estate Taxes
2190.04
Off Site Management
1893
Electricity
1889
Gas
767
Sewer/Water
1827
Landscape Maint
331

More Information

Remarks & Misc

Public Remarks
Multi-generational living + serious income potential in the heart of American Fork! Ideal for owner-occupants or investors-live in one unit and offset your mortgage. 💰 Income Snapshot: Upstairs rents for $1,575 + $275 utilities Downstairs rents for $1,300 + $250 utilities (low rent- prior rents $1400+|Gross RENTS= $3400 (Not including bonus garage) Bonus: HUGE Detached Workshop/garage previously both small light industrial and lighting. Rented low $500+/month-(family discount). Get additional income well over $4000l! Upstairs features 3 bedrooms, 1 bath, triple hall closets, dedicated laundry, and front/deck porch access. Downstairs (South Red Door) offers a fully functional Separate basement Apartment- or Mother-In-Law; second living space with LVP flooring, granite countertops, San Juan backsplash, 2 bedrooms + office (non-conforming), 1 bath, under-stair storage, and its own spacious laundry/storage area. All kitchen appliances included throughout ENTIRE home (Fridges, Stove, etc) 🚨 TOY OWNERS-this is the one: Massive 1,026 sq ft detached garage, plus built in side double Workshop, Yes-potato cellar! Garage has dual entrances + new electric garage doors. WHAT!! RV Parking, with over 2,100 sq ft of concrete space, park double trailers, boats, container, toys-bring it all. Separate front and rear concrete parking for each unit adds flexibility and privacy+ street parking, if needed! Location hits every box-walking distance to Art Dye Park (trails, disc golf, pickleball, dog park), AF Amphitheater, plus quick access to shopping, AF Fitness, walk to AF High school, and quick commuter routes- CENTRALLY LOCATED! Live in one, rent the other-or maximize all income streams. This one truly checks ALL the boxes. Video tour https://media.chelwoodmedia.com/order/798a42d2-635c-4169-55f6-08de8e503110?branding=false
Directions
Centrally located off 400 East https://media.chelwoodmedia.com/order/798a42d2-635c-4169-55f6-08de8e503110?branding=false

Construction

Brick
Yes

Zoning

Residential
Yes
Special Purpose
Yes

Garage/Carport

Garages
Yes
Carport Spaces
10

Terms of Sale

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Roof

Asphalt
Yes

Heating

Electric
Yes

Air Conditioning

Central Air
Yes

Showing Instructions

Key Box
Yes
Mgmt Company
Yes

Possession

Negotiable
Yes

Property Features

Construction: Brick Roof: Asphalt Heating: Electric Air Conditioning: Central Air Showing Instructions: Key Box; Mgmt Company Zoning: Residential; Special Purpose Terms of Sale: 1031 Exchange; Cash; Conventional; FHA; VA Possession: Negotiable
Listing Office: PRESIDIO REAL ESTATE ST GEORGE
Last Updated: April - 04 - 2026
Information deemed reliable but not guaranteed.