$1,600,000

5120 Grande Vermillion Ave Kanab, UT 84741

Estimated payment $8,481/month

15 Beds
10 Baths
6,825 Sq Ft
$234 Price per Sq Ft

Highlights

  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Washer and Dryer
  • Kanab Middle School Rated A-

About This Home

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 privacy-fenced backyard and two dedicated parking spaces, adding to the property's desirability and rental stability. With new construction, modern systems, and quality materials throughout, maintenance remains minimal and tenant demand remains high. For more information or full financial details, please contact the listing agent. Buyer to verify all information.

Listing Agent

Shanell Heely

LRG Collective Brokerage Phone: (435) 819-9095 License #11345520-AB00 Listed on: 11/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $571

Year Built

  • Built in 2025

Lot Details

  • 0.92 Acre Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 6,825 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 10 Bathrooms

Schools

  • Kanab Elementary And Middle School
  • Kanab High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic System
  • Fiber Optics Available
  • Phone Available

Community Details

  • Vermilion Cliffs Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$571

Year Built

Built in 2025

Lot Details

0

Listing Details

  • ApnNumber: 6-3
  • EstimatedAnnualTaxes: 1
  • JuniorHighSchool: Kanab
  • LotSize: 0.92
  • Property Sub Type: 4+ Units, New Home
  • Property Type: Multi Family
  • PropertyType2: Multi-Family Building
  • OFFICELIST_STATE: UT
  • Subdivision: Vermilion Cliffs Estates
  • Foundation: Slab on Grade
  • LivingSqFt: 6825
  • PropertyStyle: Rambler, 1 story above ground
  • FILLYEARBUILT: 2025
  • Special Features: NewHome
  • Stories: 0
  • Year Built: 2025

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Microwave, Refrigerator, W/D Hookups, Washer & Dryer, Water Heater- Electric, Oven/Range- Electric
  • BathroomsTotal: 10

Exterior Features

  • Exterior Construction: Stucco
  • RoofType: Shingle

Utilities

  • Utilities: Assessments Paid, Water Source: City/Municipal, Legal Access: Yes, Septic: Has System, Garbage Collection, Natural Gas: Not Available, Phone: Cell Service, Power Source: City/Municipal, Internet: Fiber Optic
  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Electric, Forced Air/Central, Heat Pump

Condo/Co-op/Association

  • Units In Building: 8

Schools

  • Elementary School: Kanab
  • High School: Kanab
  • Middle School: Kanab

Lot Info

  • Zoning: Commercial, Multi-Family

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $571 $83,315 $83,315 $0
2024 $571 $82,260 $82,260 $0
2023 $498 $76,167 $76,167 $0
2022 $363 $49,140 $49,140 $0
2021 $338 $37,800 $37,800 $0
2020 $250 $26,957 $26,957 $0
2019 $257 $26,957 $26,957 $0
2018 $216 $22,464 $22,464 $0
2017 $173 $17,280 $17,280 $0
2016 $149 $14,400 $14,400 $0
2015 $273 $14,400 $14,400 $0
2014 $273 $26,406 $26,406 $0
2013 -- $26,406 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2025 11/19/25 For Sale $1,600,000 -- $234 / Sq Ft
Source: Kanab UT MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Quit Claim Deed -- --
Source: Public Records

Source: Kanab UT MLS

MLS Number: 1409159

APN: 0088073