Property Attributes
- MLS#2185729
- TypeMulti-Family
- Listing Status Active
- CountyCACHE
- CityLogan
- AreaLogan
- Zip84321
- StyleStories: 2
- Year Built1982
- Taxes$ 15150
- Price$ 3,820,000
- Bedrooms40
- Full Bathrooms20
- Half Bathrooms0
- Sqr Footage174
- Lot Size1.09 Acres
Data Source:
Wasatch Front Regional MLS (WFRMLS)
Property Description
Rare 20-Unit Portfolio Opportunity to acquire a five-building fourplex portfolio (20 units total) on 1.09 combined acres in one of Logan, Utah's most sought-after rental markets. Rarely does a package of this scale become available in this submarket; an ideal opportunity for investors looking to grow their multifamily footprint with a single transaction. Investment Highlights: Projected 6.1% cap rate; with additional upside from on-site coin laundry income not factored into the calculation. Tenant-paid utilities (electric, gas, cable/internet) keep owner operating expenses lean and predictable. Built-in income upside; the on-site coin laundry offers a low-maintenance, easily scalable secondary revenue stream. Strong, consistent unit mix; all 20 units are townhome-style condominiums with desirable two-level layouts (2 bed/1 bath, ~888 sq ft), a floor plan that consistently attracts long-term tenants (buyer to verify square footage). Recent Capital Improvements: This portfolio has been well-maintained with major systems already updated; reducing near-term capital expenditures for the next owner: New roofs, all units (2018) New double-pane windows, all units (2023) New exterior paint, all units (2024) Property & Setting: Set among mature, established trees, the grounds offer a level of curb appeal that's hard to replicate in new construction; giving the property a lived-in, established neighborhood feel that tenants value. Parcels Included: 05-047-0051, 05-047-0052, 05-047-0053, 05-047-0054, 05-047-0056
| Elementary School | Middle School | High School |
|---|---|---|
| Bridger Elementary School | Mt Logan Middle School | Logan High School |
| Price History | |
|---|---|
| 9/17/2026 | Listed $3,820,000 |
General Features
| Living Area | 174.0 |
|---|---|
| Sewer | Sewer: Connected,Sewer: Public |
| Heating | Forced Air,Gas: Central |
| Utilities | Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected |
| Roof | Asphalt |
| Zoning | Multi-Family |
| Architectural Style | Stories: 2 |
| Construction Materials | Clapboard |
| Year Built | 1982 |
| Topography | Fenced: Part,Road: Paved,Sidewalks,Sprinkler: Auto-Full,Terrain,Flat |
| Property Subtype | Quadruplex |
| Current Use | Residential |
| County | Cache |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Facing Direction | South |
| Garage Y/N | No |
| Status | Active |
| High School | Logan |
| City | Logan |
| Senior Community Y/N | No |
| High School District | Logan |
| Zoning Description | R-3 |
| Open Parking Spaces | 40.0 |
| Number Of Units Total | 20 |
| MLS Area | Logan; Nibley; River Heights |
| Lot Size Units | Acres |
| Lot Size Square Feet | 47480.4 |
| Carport Y/N | No |
| Listing Terms | Assumable,Cash,Conventional |
| Elementary School | Bridger |
| Property Attached Y/N | No |
| Tax Annual Amount | 15150.0 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Mt Logan |
| Property Condition | Blt./Standing |
| Lease Considered Y/N | No |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Middle/Junior School District | Logan |
| Elementary School District | Logan |
| PostalCity | Logan |
| ADU | No |
Interior Features
| Flooring | Carpet,Linoleum |
|---|---|
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Window Features | Blinds,Drapes |
| Fireplace Y/N | No |
| Total Bedrooms | 40 |
| Total Baths | 20 |
Exterior Features
| Vegetation | Landscaping: Full,Mature Trees,Pines |
|---|---|
| Parking Features | Parking: Uncovered |
| Lot Features | Fenced: Part,Road: Paved,Sidewalks,Sprinkler: Auto-Full |
| Water Source | Culinary |
| Total Parking | 40.0 |
| Inclusions | Range,Range Hood,Refrigerator |
| Lot Size Area | 1.09 |
| Spa | No |
| Building Area Total | 174.0 |
| Lot Dimensions | 0.0x0.0x0.0 |
| Lot Size Acres | 1.09 |
| Frontage Length | 0.0 |
| Private Pool | No |
| Waterfront Y/N | No |
| RV Parking Dimensions | 0.00 |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Wasatch Front Regional MLS - Salt Lake Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties