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$850,000 Just Listed
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Property Description
Rare Value-Add Fourplex in High-Demand Lehi Location Excellent investment opportunity in one of Lehi's most desirable rental areas. This rare fourplex features large unit sizes and significant upside potential. Two units have been fully renovated, while the remaining two offer a clear value-add opportunity to increase rents and boost returns. Current rents are well below market, as the seller has kept rents low for long-term tenants, creating immediate upside for investors through renovations and rent adjustments. Recent improvements include new carpet and LVP flooring, cabinet upgrades, plumbing repairs, and swamp cooler maintenance, reducing near-term maintenance needs. Located just minutes from I-15, Silicon Slopes, shopping, dining, and major employers, this property benefits from strong rental demand and long-term growth in one of Utah County's fastest-growing markets. Ideal for investors seeking a value-add opportunity with strong rent growth potential.
Full Property Details
Full Property Details for 1940 N 900 W
General
- Price: $850,000
- Taxes: $2,267
- Status: Active
- Type: Multi-Family
- Source: WFR
- MLS ID: 2141525
- Updated: 3/6/2026
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 11
Parking
- Carports: Yes
- Carport Spaces: 3
- Covered Spaces: 3
- Total Spaces: 3
Location
- Area: Am Fork; Hlnd; Lehi; Saratog.
- County: Utah
- Cross Streets: 900
School Information
- Elem School District: Alpine
- Midd School District: Alpine
- High School District: Alpine
- Elementary School: Lehi
- Middle School: Lehi
- High School: Lehi
Structural Information
- Square Feet: 3,494
- Living Area: 3,494 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1970
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.35
- Lot Size (Sq. Ft.): 15,246
- Lot Size: .35
Financial Considerations
- Tax Amount: $2,267
Disclosures and Reports
- Property ID: 12-019-0095
Listed by KW Utah Realtors Keller Williams (Brickyard)
Get Pre-Approved Today
Schools
Schools serving 1940 N 900 W
School District:Alpine School District
| Name | Grades | Distance |
|---|---|---|
Eaglecrest School 2760 North 300 West, Lehi, UT 84043 | K-6 | 0.9 mi |
Lehi Jr High School 700 East Cedar Hollow Road, Lehi, UT 84043 | 7-9 | 1.1 mi |
Skyridge High School 3000 North Center Street, Lehi, UT 84043 | 10-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1940 N 900 W
Date
Details
Price
Change
Source
3/06/2026
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1940 N 900 W
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,268
27%
$492,400
136%
2024
$1,780
10%
$208,340
1%
2023
$1,624
14%
$206,305
-22%
2021
$1,428
-8%
$265,900
40%
2022
$1,544
8%
$190,135
-23%
2021
$1,428
19%
$247,500
95%
2019
$1,203
-24%
$126,610
-20%
2018
$1,588
10%
$158,015
14%
2017
$1,441
-3%
$138,600
5%
2016
$1,479
-5%
$132,000
—
2015
$1,558
-8%
$132,000
—
2013
$1,700
—
$132,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1940 N 900 W
1940 N 900 W, Lehi, UT 84043 (MLS# 2141525) is a Multi-Family property with 4 units containing 11 bedrooms and 0 full bathrooms. 1940 N 900 W is currently listed for $850,000 and was received on March 06, 2026. Want to learn more about 1940 N 900 W? Do you have questions about finding other Multi-Family real estate for sale in Lehi? You can browse all Lehi real estate or contact a Coldwell Banker agent to request more information.

