146 GRANT, American Fork, UT 84003
1BD/—BA Residential in American Fork, UT 84003. 570 sqft. Built 1940. Listed at $370,000. MLS #2159141.
1BD/—BA Residential in American Fork, UT 84003. 570 sqft. Built 1940. Listed at $370,000. MLS #2159141.
Calling all investors, flippers, and residential buyers seeking land opportunities in American Fork! This .24-acre property features a 570 sq. ft. home that requires a complete remodel, with the roof recently replaced in 2024. The property offers multiple potential investment strategies depending on your vision: renovate and flip the existing home, convert the current structure into an ADU while building a new primary residence behind it, or remove the existing home and develop a brand-new build from the ground up. Seller financing is available, creating additional flexibility for qualified buyers. This is a rare opportunity in a rapidly growing area with strong future potential. Buyer to verify all zoning regulations, permitted uses, building setbacks, and development possibilities directly with American Fork. Please contact the listing agent before walking the property.
Property Type
Residential
Property Style
Single Family Residence
Stories
1
County
Utah
Lot Size
0.24 sq ft
Above Grade Area
570 sq ft
Condition
Blt./Standing
MLS #
2159141
Property Type
Residential
Property Style
Single Family Residence
Stories
1
County
Utah
Lot Size
0.24 sq ft
Above Grade Area
570 sq ft
Condition
Blt./Standing
MLS #
2159141
List Price
$370,000
Annual Taxes
$1,444
Home Warranty
No
List Price
$370,000
Annual Taxes
$1,444
Home Warranty
No
Basement
None
Basement
None
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
100/100
vs Similar Homes
24% below
vs Market Median
61% above
Area Growth (YoY)
5.2%
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 24% below the median of similar listings
5.2% year-over-year ZHVI growth in this area
Priced 61% above the per-subtype city median
LT net cashflow -$1,936/mo (-78.8% return on ownership cost) · STR net cashflow -$1,798/mo (-73.2% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$592/mo
Range: $416 – $769
Net Monthly Cash Flow
−$1,936 /mo (−$23,237/yr)
Monthly rental income
Monthly ownership cost
Coverage
24%
Net /mo
−$1,936
DSCR
0.28
Est. Annual Revenue
$11,296/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,798 /mo (−$21,577/yr)
Monthly STR income
Monthly ownership cost
Coverage
38%
Net /mo
−$1,798
DSCR
0.36
Elementary
ForbesMiddle School
American ForkHigh School
American ForkSchool District
Alpine
Best Download
2 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$485,990
-24% vs median
59 days
123
$187,000 – $4,500,000
$1,444
Moderate
7.3
per 1,000
21.9
per 1,000
14.1
per 1,000
43.3
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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