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5120 E GRAND VERMILLION AVE

Kanab, UT 84741

$1,600,000

MLS #2123628

Beds
15
Baths
10
Sq Ft
6,631
Lot
0.92 ac
Built
2025
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About this home

This home for sale at 5120 E GRAND VERMILLION AVE Kanab, UT 84741 has been listed at $1,600,000 and has been on the market for 5 days.

Full description

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.

Property highlights

  • 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. .
  • 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. .
  • 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. .

Property details

Property Type
Residential
Sub-type
> 4 Units
Status
Active
Days on Market
5
Bedrooms
15
Bathrooms
10
Year Built
2025
Stories
0
Living Area
6,631 sq ft
Lot Size
0.92 acres
Price/sqft
$241.29
Parking Total
2.00
County
Kane
City
Kanab
Zoning
Multi-Family, Short Term Rental Allowed
Tax Annual
$1
Preferred Financing
Cash,Commercial Fin. Req.,Conventional
Parcel #
6-3
MLS Area
Kanab; Big Water; Glen Canyon
Listed By
LRG Collective

Inclusions

  • Ceiling Fan
  • Microwave
  • Range
  • Refrigerator

Interior features

  • Alarm: Fire
  • Bath: Primary
  • Closet: Walk-In
  • Disposal
  • Range/Oven: Free Stdng.
  • Vaulted Ceilings
  • Dishwasher: Built-In

Exterior features

  • Double Pane Windows
  • Patio: Open

Building & construction

Roof
Asphalt
Construction
Stucco

Garage & parking

Parking total
2.00
Open parking
2.00
Covered spaces
0.00
RV parking
0.00
  • Parking: Uncovered

Heating & cooling

Heating
Electric,Heat Pump

Land description

  • Fenced: Full
  • Road: Paved
  • Secluded
  • Terrain: Grad Slope

Utilities

  • Natural Gas Not Available
  • Electricity Connected
  • Sewer Not Available
  • Sewer: Septic Tank
  • Water Connected

Additional features

Patio & porch
  • Patio: Open
Window features
  • None
Laundry
  • Electric Dryer Hookup
Sewer
  • None
  • Septic Tank
Water source
  • Culinary
Current use
  • Residential

Schools

Elementary
Kanab
Kane
Middle/Jr
Kanab
Kane
High
Kanab
Kane

Neighborhood

Walk · Transit · Bike

Walk Score

Most errands require a car. Minimal public transit available. It's convenient to use a bike for a few trips.

Price History

11/20/2025
$1,600,000 $241/sqft
Listed

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Estimated monthly payment
  • Principal & interest
  • Property tax
  • Home insurance
  • HOA fees
Loan amount
Total interest paid
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Branch Manager
NMLS: #1485075

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Location

Kanab, UT · approximate location

Listed by: Shanell R Heely · LRG Collective. 801-210-0562.

Source: UtahRealEstate.com. Information deemed reliable but not guaranteed. All measurements and calculations of area should be independently verified.

Based on information from UtahRealEstate.com as of May 19, 2026. 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. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Publisher's notice: All real estate advertised herein is subject to the Federal Fair Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.

Kanab market context

How this property sits against recent sales in the area.

This listing: $1,600,000 — 365.1% above the median sale price.

Kanab market — Residential

What homes are doing.

Latest data through April 2026.

Full report

Median sale price

$344,000

-8.3% year over year

Median days on market

-3 days year over year

Sale-to-list ratio

99.7%

-0.29pp year over year

Homes sold last month

1

0 year over year

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