1 / 29
591 S 1050 W, Pleasant Grove, UT 84062
$1,350,000
591 S 1050 W, Pleasant Grove, UT 84062
Units
4
Price/Unit
$337,500
Price/Sqft
$260
Est Gross Yield
6.8%
$91,680/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 3BR / 2BA | 1 | 3 | 2 | 1,350 | $1,750/mo |
| 3BR / 2BA | 1 | 3 | 2 | 1,100 | $1,725/mo |
| 3BR / 2BA | 1 | 3 | 2 | 1,650 | $1,700/mo |
| 3BR / 2BA | 1 | 3 | 2 | 1,100 | $1,700/mo |
| Total | 4 | 12 | 8 | 5,200 | $6,875/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
Rare newer fourplex in an excellent north Utah County location! Ideally situated for easy freeway access. On a safe, dead-end street with abundant yard space, this fourplex rents readily and attracts stable, long-term tenants. While every unit includes three bedrooms, two full bathrooms, laundry hookups, and a garage, there are four unique floor plans. Units A and D are single level plans with two-car garages. Units B and C have one-car garages and two-level layouts, with the bedrooms and bathrooms upstairs. Units B and C also have back exits from the main floor--B has a sliding glass door that opens to a small cement patio, and C has a main-floor laundry room with a back door that opens into a gravel space next to B's patio. During 2025 we replaced tenants who had lived in the B and C units since 2014 and 2016. The current tenants in the A and D units have been in place since 2021 and 2022, respectively. This building is in great condition with no deferred maintenance. The $547 monthly HOA fee covers landscaping, snow removal, building exterior insurance/maintenance, and a common playground area. The HOA is managed by TPM. The fourplex has been managed by the owners, who will gladly share their preferred contacts for plumbing, etc. Present rents and approximate square footage are as follows: Unit A, 1350sf, $1750; Unit B, 1100sf, $1725; Unit C, 1700sf, $1645, and Unit D, 1100sf, $1700. The units are separately metered, so the tenants pay for ALL of their own utilities, including water/trash and internet. Please note that the interior photos of Unit B were taken last year before new carpet was installed. Some of the other photos are from other congruent buildings No showings without an accepted offer. Please do not bother tenants!
Listed by Bryce Anderson · Intermountain Properties
Location
591 S 1050 W, Pleasant Grove, UT 84062
Proforma
Drag sliders to explore the deal
Cap Rate
4.52%
Cash-on-Cash
-0.43%
Cash Flow
-$180/mo
Quick estimates only. Switch to Detailed for full line-item control.
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 6/24/2026, 11:48:20 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.