Duplex With Covered
For Sale
$629,900
256 N 750 E, Vineyard, UT 84059
Residential, Vineyard, UT
Property Size2,944 SF
Lot Size0.04 Acres
Price / SF$213.96
Days on Market104
Property Features for 256 N 750 E
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Multi-Family
Bedrooms
6
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 4, Bedroom 6, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 5
Parking
7
Parking features
Covered
Window features
Blinds
Pool private
1
Interior features
Bath: Primary, Closet: Walk-In, Disposal, Range/Oven: Free Stdng., Dishwasher: Built-In
Exterior features
Double Pane Windows
Subdivision
EDGEWATER AT GENEVA
Lot features
Curb & Gutter, Sidewalks, Sprinkler: Auto- Full, View: Mountain
Elementary school
Vineyard
Middle school
Lakeridge
High school
Mountain View
Elementary school district
Alpine
Middle school district
Alpine
High school district
Alpine
Standard status
Active
APN
38-452-0004
Size
2,944 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
3705
HOA Fee
$550 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Amenities
pool
clubhouse
gym
parks
playgrounds
pickleball courts
walking paths
Building Details
Year built
2014
Number of units
2
Flooring type
Carpet, Linoleum
Building materials
Stone, Clapboard
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Better Homes and Gardens Real Estate Momentum (Lehi)
(801) 214-9944
Listed By:
Aaron McIntire
(801) 787-9705
Added: May 18
Changed: Aug 22
Last Checked: Aug 29 at 3:06AM
MLS# 2158850
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.
Built in 2014, this duplex provides 2,944 square feet within a 0.04-acre lot and carries Multi-Family zoning. The interior includes five bathrooms, six bedrooms, a primary bath, a walk-in closet, central natural-gas heating, a dishwasher, disposal, and a freestanding range/oven. Double-pane windows, stone and clapboard construction, carpet and linoleum flooring, an asphalt roof, public sewer, and covered parking complete the property profile.
Residents have access to community amenities including a pool, clubhouse, gym, parks, playgrounds, pickleball courts, and walking paths. The property is positioned near schools, shopping, restaurants, UVU, Utah Lake, I-15, and FrontRunner.
Residents have access to community amenities including a pool, clubhouse, gym, parks, playgrounds, pickleball courts, and walking paths. The property is positioned near schools, shopping, restaurants, UVU, Utah Lake, I-15, and FrontRunner.
Key Highlights
- 2,944‑square‑foot duplex on a 0.04‑acre lot
- Multi‑Family zoning
- Built in 2014
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,159
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$543,180
$543.2K
Cap Rate 7%
$387,986
$388.0K
Cap Rate 9%
$301,767
$301.8K
Market Conditions
NOI Build-Up for 2,944 SF
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.
Gross rent
$40.6K $13.80/SF
− Vacancy
−$1.8K −$0.62/SF
EGI
$38.8K $13.18/SF
− OpEx
−$11.6K −$3.95/SF
NOI
$27.2K $9.23/SF
Area
Utah County, UT
Vacancy
4.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$543,180
Cap Rate 7%
$387,986
Cap Rate 9%
$301,767
Alternative Uses
Best Use
Multifamily LT 5
$388.0K
$339.5K – $452.7K
NOI $27,159 @ 7.0% cap · market cap 4.31%
Second Best
Apartment 5plus
$356.7K
$312.2K – $416.2K
NOI $24,972 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$811.5K
$710.1K – $946.8K
NOI $56,807 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
738
Businesses Nearby
Explore this area
Business Placement
Demographics for 84059, UT
15,567
Population
5,325
Households
2.9
Avg Household Size
25
Median Age
49%
College-Educated
97%
High-School Grad
5.3 sq mi
ZIP Area
2,937
Density / Sq Mi
$101,842
Median Household Income
$41,489
Median Earnings
$1,799
Median Rent
$509,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residence with central heating, covered parking, and access to shared neighborhood amenities.
Where is this duplex located?
The property is located at 256 N 750 E Vineyard, UT.
What is the asking price?
The asking price for this property is $629,900.
What are key features of this property?
This property features: 2,944‑square‑foot duplex on a 0.04‑acre lot; Multi‑Family zoning; Built in 2014
