Tri-Unit Residential Income
14 E MAIN St Goshen, UT 84633
For Sale
$430,000
MULTI_FAMILY - Other - Goshen, UT
Property Size3,488 SF
Lot Size0.04 Acres
Price / SF$123.28
Days on Market25
Property Features for 14 E MAIN St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- Multi-Family
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 6, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 3
- Parking
- 2
- Parking features
- Covered
- Standard status
- Active
- APN
- 10-007-0014
- Size
- 3,488 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4193
Utilities
- Sewer type
- Septic Tank
- Heating system
- Space Heater, Wall Furnace
Building Details
- Year built
- 1958
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Carpet
- Building materials
- Cinder Block, Stucco, Metal Siding
- Roof type
- Metal
- Architectural style
- Other
Listing Agency:
EXP Realty, LLC
(801) 499-6087
Listed By:
Dakotah Navarro
(385) 419-1397
Added: Jul 1
Changed: Jul 17
Last Checked: Jul 25 at 5:06PM
MLS# 2169322
Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This tri-unit residential income property includes three separate addresses: 14, 16, and 18 E Main St. It is listed as a multi-family asset under Multi-Family zoning. The total size is 3,488 square feet, with square footage estimates reported from county records, and the lot size is 0.04 acres. In addition to the three residential units, the owner also leases out a garage for storage.
The property is located across from an elementary school on Goshen Main St. Two units are reported to rent for $1,200 per month, and the third unit is reported to rent for $1,000 per month. The garage storage rent is reported at $300 per month. The sale includes two tax ID/parcels presented as part of one offering.
For tenants, the layout provides three separate addresses within one multi-unit ownership structure. For buyers, the property’s reported rental history since the 2007 purchase and the inclusion of both residential rent and separate garage storage rent may appeal to those seeking a straightforward tri-unit configuration. Buyer and buyer’s brokers are advised to obtain independent estimates regarding square footage and related measurements.
The property is located across from an elementary school on Goshen Main St. Two units are reported to rent for $1,200 per month, and the third unit is reported to rent for $1,000 per month. The garage storage rent is reported at $300 per month. The sale includes two tax ID/parcels presented as part of one offering.
For tenants, the layout provides three separate addresses within one multi-unit ownership structure. For buyers, the property’s reported rental history since the 2007 purchase and the inclusion of both residential rent and separate garage storage rent may appeal to those seeking a straightforward tri-unit configuration. Buyer and buyer’s brokers are advised to obtain independent estimates regarding square footage and related measurements.
Key Highlights
- Tri‑unit property with 2 tax ID/parcels included in one sale
- Rental income: two units at $1,200/month and one unit at $1,000/month
- Garage leased for storage at $300/month
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.1k | $13.80 |
| − Vacancy | −$2.2k | −$0.62 |
| EGI | $46.0k | $13.18 |
| − OpEx | −$13.8k | −$3.95 |
| NOI | $32.2k | $9.23 |
3,488 SF · lease $13.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$459.7K
$402.2K – $536.3K
NOI $32,178 @ 7.0% cap · market cap 7.48%
Second Best
Apartment 5plus
$422.7K
$369.8K – $493.1K
NOI $29,586 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$961.5K
$841.3K – $1.12M
NOI $67,304 @ 7.0% cap · market cap 15.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three separate residences with on-site garage storage income, offered under Multi-Family zoning.
Where is this triplex located?
The property is located at 14 E MAIN St Goshen, UT.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Tri‑unit property with 2 tax ID/parcels included in one sale; Rental income: two units at $1,200/month and one unit at $1,000/month; Garage leased for storage at $300/month
