985 W Utah Ave Hildale, UT 84784
Estimated payment $17,916/month
Highlights
- 1.72 Acre Lot
- 1 Car Garage
- Heating Available
- Central Air
About This Home
Now offering an incredible investment opportunity in the heart of Hildale, UT—this fully renovated 49,000 sq/ft multifamily apartment complex is currently operating as a 40-unit apartment building with long-term tenants, providing immediate cash flow and stability. Situated on 1.72 acres and zoned commercial, this property presents a wealth of possibilities for future use, including assisted living, rehabilitation center, boutique hotel, VRBO-style vacation rentals, or continued multifamily housing. Every aspect of this property has been thoughtfully updated: new roof, upgraded HVAC systems, fresh carpet and paint, and beautifully manicured landscaping. Tenants and future guests will enjoy access to a large commercial kitchen, a spacious recreation room, and expansive common areas, ideal for both residential and commercial applications.
The property boasts a prime location, just minutes from local shopping, schools, and the breathtaking trails and red rock views of Water Canyon, a popular destination for outdoor enthusiasts.
Whether you're an investor seeking reliable income, a developer with a vision, or an operator looking to expand into new services, this unique property offers unparalleled flexibility and upside potential.
Don't miss your chance to own one of the most versatile properties in Southern Utah.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,218
Year Built
- Built in 1992
Lot Details
- 1.72 Acre Lot
Parking
- 1 Car Garage
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Stucco
Interior Spaces
- 49,017 Sq Ft Home
- 3-Story Property
Schools
- Water Canyon Elementary And Middle School
- Water Canyon High School
Utilities
- Central Air
- Heating Available
Community Details
- 40 Units
- Short Creek Subdivision
Listing and Financial Details
- Assessor Parcel Number HD-SHCR-2-1
Map
Home Values in the Area
Average Home Value in this Area
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 | $97 | $13,400 | $13,400 | -- |
| 2023 | $97 | $13,400 | $13,400 | -- |
| 2022 | $89 | $9,000 | $9,000 | $0 |
| 2021 | $89 | $9,000 | $9,000 | $0 |
| 2020 | $11 | $1,000 | $1,000 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/26/2025 09/26/25 | For Sale | $3,250,000 | +54.8% | $66 / Sq Ft |
| 06/11/2021 06/11/21 | Sold | -- | -- | -- |
| 02/20/2021 02/20/21 | Pending | -- | -- | -- |
| 07/30/2020 07/30/20 | For Sale | $2,100,000 | -- | $52 / Sq Ft |
Source: Washington County Board of REALTORS®
MLS Number: 25-265465
APN: 0066400
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All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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