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331 W 1500 S photo 11 / 59
Single Family

$785,000

331 W 1500 S, Vernal, UT 84078

Type

SFR

List Price

$785,000

Price/Sqft

$297

Est Gross Yield

2.8%

$22,200/yr est.

Property Details

Property typeSingle Family
Year built1990
Total units1
Living area2,644 sqft
Bedrooms6
Bathrooms4
Lot size0.6 acres
Parking6 spaces
Days on market11
Listed2026-06-01T00:00:00+00:00

Description

Two Homes. One Incredible Property. Endless Possibilities. Updated in 2022, this unique Vernal property offers two fully separate living spaces - ideal for rental income, flexible living arrangements or dual Airbnb opportunities. The main home features 1,522 sq ft with 3 bedrooms and 2 bathrooms, showcasing an upgraded kitchen with granite countertops and stainless steel appliances, custom wood doors and trim, and beautifully tiled bathrooms. Attached is a 6-car heated garage with extra-height clearance, finished custom concrete floors, and a half bath - a dream setup for car enthusiasts, contractors, or extra storage. Above the garage, the second unit offers 1,122 sq ft with 3 bedrooms and 2 bathrooms. Thoughtfully finished with a custom kitchen featuring granite countertops and a gas cooktop, custom tile bathrooms, wood doors and trim, and upgraded foam insulation for energy efficiency. Step outside to a covered balcony perfect for taking in the stunning Ashley Mountain views. The .60-acre lot includes storage sheds, a custom concrete driveway, and covered patios for outdoor living. Whether you're house-hacking, investing, or simply need space for extended family - this property delivers. Buyer and buyer's agent to verify all information. Square footage per county records.

Listed by Emily Pedersen · PRIORITY FIRST REAL ESTATE PROFESSIONALS, CO

Location

331 W 1500 S, Vernal, UT 84078

Proforma

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Cap Rate

1.88%

Cash-on-Cash

-7.46%

Cash Flow

-$1,829/mo

Purchase Price$785,000
Down Payment35% ($274,750)
Interest Rate6.00%
Monthly Rent$1,850/mo
Vacancy5%
Expense Ratio30% ($6,327)

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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 6/12/2026, 4:30:23 AM. 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.