For sale MLS# 2185812 · 54 days on the market
$384,500
It starts with a call with an agent.
287 N 680 E, Vineyard, UT 84059
About this home
TURNKEY VINEYARD INVESTMENT OPPORTUNITY WITH AN APPROX. 10% CAP RATE! Currently operating as an established mid-term rental with professional on-site property management, this property offers a compelling opportunity for an investor looking for income, proven performance and a simple transition. The rental business has continued to gain momentum in 2026. According to the current Property Manager, the property has approximately $40,800 in rental revenue earned/booked through October, with recent months reaching approximately $4,700/month. Based on current performance, projected normalized income and reported operating expenses, the property offers an estimated NOI of approximately $34,000$40,000 before management-or approximately a 10% cap rate at the $384,900 list price. Past rental history further supports the established nature of the operation. The opportunity can be especially turnkey for a new investor. The existing furniture and furnishings may be purchased separately from the Property Manager for approximately $7,500, and the current Property Manager is open to continuing management for the new owner-potentially allowing the rental operation to continue with minimal disruption. The home features 3 bedrooms, approximately 1,910 finished sq. ft., a finished basement and attached garage, plus community amenities including a clubhouse, fitness room, pool and more. Convenient Vineyard location near UVU, BYU, shopping, dining, entertainment and transportation. Rental income, expenses, projections and financial information provided by the current Property Manager. Buyer to independently verify and analyze all information. Past performance does not guarantee future income, occupancy or investment returns.
Written by the listing agent.
Location
The market in Vineyard today
$384,500 is 53% below the median asking price in Vineyard.
At $201 per sqft it asks 8% less than the median in the city.
60% of the listings for sale have lowered their price at least once.
From the listings for sale, as of November 4, 2026. Asking prices only: Utah does not make sold prices public.
Living in Vineyard
Vineyard is a city in Utah County, part of the Provo–Orem Metropolitan Statistical Area, named for grape vineyards near the original town site and incorporated in 1989.
- 12,543 residents (2020)
- 6 named trails
- 9 named parks
Monthly payment
- Principal & interest
- $2,131
- Property tax
- $208
- Home insurance
- $110
- HOA
- $275
10% down ($38,450), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Style
- Townhouse; Row-mid
- Garage
- 1 car
- Basement
- Full
- Lot
- 0.01 acres
- HOA
- $275/mo
- Subdivision
- EDGEWATER
See all 21 details
- Stories
- 4
- Rooms
- 13
- Basement finished
- 100%
- Parking
- Attached
- Heating
- Gas: Central, >= 95% efficiency
- Cooling
- Central Air
- Flooring
- Carpet, Laminate
- Roof
- Asphalt
- Construction
- Asphalt, Composition, Stone
- Water
- Culinary
- Sewer
- Sewer: Connected, Sewer: Public
- County
- Utah
- Faces
- West
- Zoning
- Multi-Family
- Terms
- Cash, Conventional, FHA, VA Loan
- Disposal
- Range/Oven: Built-In
- Vaulted Ceilings
- Granite Countertops
- Sprinkler: Auto-Full
- Barbecue
- Clubhouse
- Fitness Center
- Insurance
- Maintenance
See all 23 features
Interior
- Disposal
- Range/Oven: Built-In
- Vaulted Ceilings
- Granite Countertops
Lot features
- Sprinkler: Auto-Full
Community amenities
- Barbecue
- Clubhouse
- Fitness Center
- Insurance
- Maintenance
- Pets Permitted
- Picnic Area
- Pool
- Sewer Paid
- Snow Removal
- Tennis Court(s)
- Trash
- Water
Utilities
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Sewer: Public
- Water Connected
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Alpine
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Listing courtesy of Real Broker, LLC / Jared Fields. Based on information from UtahRealEstate.com as of 10/29/2026 9:57 AM. 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.