$4,399,000
$251K PRICE DROP

266 N 590 E Unit Building 6 Vineyard, UT 84059

Vineyard Area

Estimated payment $25,954/month

Total Views 8,109
-- Bed
-- Bath
17,962 Sq Ft
$245 Price per Sq Ft

About This Home

This modern 18-unit, Class A apartment building in rapidly growing Vineyard, Utah offers a strong investment opportunity in a high-demand submarket. Built in 2017, the property features a desirable mix of 3-, 2-, and 1-bedroom units with granite countertops, stainless steel appliances, in-unit laundry, walk-in closets, and private patios. Residents enjoy resort-style amenities including a clubhouse, pool, 18-person hot tub, fitness center, playground, sport court, BBQ areas, pet parks, and EV charging. Ideally located near the Vineyard FrontRunner station, I-15, UVU, BYU, shopping, and dining, the property is well positioned for continued rent growth and long-term appreciation. 94% average occupancy rate.

Listing Agent

CHANTAL DREW

Luxury Group License #11892746-SA Listed on: 02/20/2026

Co-Listing Agent

AUSTIN DREW

Luxury Group License #12443523-SA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,647

Year Built

  • Built in 2017

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 600 Carport Spaces

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 17,962 Sq Ft Home
  • 3-Story Property

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 54:316:0006

Community Details

Overview

  • 18 Units

Building Details

  • Insurance Expense $5,187
  • Water Sewer Expense $1,871
  • Operating Expense $112,991

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,647

Year Built

Built in 2017

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Prop. Type: MultiFamily
  • Year Built: 2017
  • Annual Gross Rental Income 1 Bedroom Rent: 1385.0
  • Annual Gross Rental Income 1 Bedroom Total Rent: 8310.0
  • Annual Gross Rental Income 2 Bedroom Rent: 1630.0
  • Annual Gross Rental Income 2 Bedroom Total Rent: 14670.0
  • Annual Gross Rental Income 3 Bedroom Rent: 1885.0
  • Annual Gross Rental Income 3 Bedroom Total Rent: 5655.0
  • Annual Gross Rental Income Potential Rental Inc: 343620.0
  • Miscellaneous Expense: 16865.0
  • Payroll Onsite Personal Expense: 24.0
  • Property Insurance Expense: 5187.0
  • Real Estate Taxes Expense: 17456.0
  • Sewer Water Expense: 1871.0
  • Garage Carport Carport Spaces: 600
  • Income And Expenses Maintenance Expense: 15625.0
  • Co List Office Mls Id: luxuryre
  • Co List Office Phone: 435-313-6657
  • Above Grade Finished Sq Ft: 813.0
  • New Construction: No
  • Air Conditioning Central Air: Yes
  • Roof:Metal2: Yes
  • General Prop Info: Hot Tub YN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Building Area Total: 17962.0
  • Stories: 3

Exterior Features

  • Roof: Metal
  • Acres: 0.16
  • Construction:Stucco2: Yes
  • General Prop Info: Pool Private YN: No

Garage/Parking

  • GarageCarport Carports: Yes

Utilities

  • Heating: Electric
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric: Yes

Fee Information

  • Annual Water Sewer Expense: 1871.0

Schools

  • Ninth Grade High School: Out of Area
  • Middle Or Junior School: Out of Area

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 54:316:0006
  • Zoning Description: PUD, Multi-Family

Multi Family

  • Number Of Units Total: 18
  • Insurance Expense: 5187.0
  • Annual Operating Expense: 112991.0

Tax Info

  • Tax Annual Amount: 24647.0

MLS Schools

  • Elementary School: Out of Area

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/26/2026 06/26/26 Price Changed $4,399,000 -1.1% $245 / Sq Ft
06/17/2026 06/17/26 Price Changed $4,449,000 0.0% $248 / Sq Ft
05/18/2026 05/18/26 Price Changed $4,450,000 -0.9% $248 / Sq Ft
04/21/2026 04/21/26 Price Changed $4,490,000 -0.1% $250 / Sq Ft
03/16/2026 03/16/26 Price Changed $4,495,000 -3.3% $250 / Sq Ft
02/20/2026 02/20/26 For Sale $4,650,000 -- $259 / Sq Ft
Source: Washington County Board of REALTORS®

Source: Washington County Board of REALTORS®

MLS Number: 26-269550

Washington County Board of REALTORS®
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