589 RIVERWALK, American Fork, UT 84003
4BD/—BA Residential in American Fork, UT 84003. 2,874 sqft. Built 1999. Listed at $599,000. MLS #2159448.
4BD/—BA Residential in American Fork, UT 84003. 2,874 sqft. Built 1999. Listed at $599,000. MLS #2159448.
Tucked near the mouth of American Fork Canyon, this beautifully updated 4-bedroom, 2-bath home offers the perfect mix of comfort, efficiency, and outdoor lifestyle. Inside, you'll find fresh paint, new flooring, and a clean, move-in-ready feel throughout. Step outside and enjoy a fully fenced yard with direct access to a trail system right out your front door-connecting you to local biking, hiking, and walking trails for year-round adventure. One of the standout features is the owned solar system, helping keep the electric bill around just $5/month. Combined with the home's location, updates, and outdoor access, this property offers incredible value and everyday livability. Conveniently located near shopping, dining, schools, and everything American Fork has to offer while still giving you quick access to the canyon and nature.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
3
County
Utah
Zoning
Single-Family
Construction
Stucco
Lot Size
0.17 sq ft
Above Grade Area
1,796 sq ft
Condition
Blt./Standing
MLS #
2159448
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
3
County
Utah
Zoning
Single-Family
Construction
Stucco
Lot Size
0.17 sq ft
Above Grade Area
1,796 sq ft
Condition
Blt./Standing
MLS #
2159448
List Price
$599,000
Annual Taxes
$2,557
Home Warranty
No
List Price
$599,000
Annual Taxes
$2,557
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full
Materials
Stucco
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Public
View
Mountain(s)
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Full
Materials
Stucco
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
62/100
vs Similar Homes
15% above
vs Market Median
1% above
Area Growth (YoY)
5.2%
Deal Score Breakdown
62/100 · 1 qualifying signal
5.2% year-over-year ZHVI growth in this area
Priced 1% above the per-subtype city median
LT net cashflow -$843/mo (-20.8% return on ownership cost) · STR net cashflow -$1,015/mo (-25.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 15% above the median of similar listings
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
$3,637/mo
Range: $2,555 – $4,720
Net Monthly Cash Flow
−$843 /mo (−$10,113/yr)
Monthly rental income
Monthly ownership cost
Coverage
90%
Net /mo
−$843
DSCR
1.06
Est. Annual Revenue
$51,920/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,015 /mo (−$12,181/yr)
Monthly STR income
Monthly ownership cost
Coverage
107%
Net /mo
−$1,015
DSCR
1.00
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
+23% vs median
59 days
123
$187,000 – $4,500,000
$2,557
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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