Open-Concept
For Sale
$1,259,900
748 E 125 N, Vineyard, UT 84059
Residential, Vineyard, UT
Property Size5,751 SF
Lot Size0.07 Acres
Price / SF$219.07
Days on Market94
Property Features for 748 E 125 N
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
Multi-Family
Bedrooms
12
Bathrooms
9
Full bathrooms
9
Rooms
Bathroom 1, Bedroom 10, Bedroom 8, Bathroom 7, Bathroom 6, Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 7, Bathroom 4, Bathroom 9, Bedroom 12, Bedroom 11, Bathroom 2, Bathroom 3, Bathroom 5, Bedroom 9, Bathroom 8, Bedroom 3
Parking
8
Window features
Blinds
Pool private
1
Interior features
Closet: Walk-In, Disposal
Subdivision
EDGEWATER EXTENSION AT GENEVA PHASE 12
Lot features
Curb & Gutter, Fenced: Part, Sprinkler: Auto- Full, View: Mountain
Elementary school
Vineyard
Middle school
Orem
High school
Mountain View
Elementary school district
Alpine
Middle school district
Alpine
High school district
Alpine
Standard status
Active
APN
38-467-0005
Size
5,751 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
6777
HOA Fee
$1,100 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Central, Forced Air, Natural Gas
Amenities
pool
clubhouse
fitness center
parks
playgrounds
pickleball courts
scenic walking trails
Building Details
Year built
2015
Floors in Building
2
Number of units
4
Flooring type
Vinyl, Carpet
Building materials
Stucco
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 28
Changed: Aug 22
Last Checked: Aug 29 at 3:06AM
MLS# 2161688
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 four-unit multifamily property at 748 E 125 N in Vineyard provides 5,751 square feet across open-concept residences designed for low-maintenance living. The 2015 construction includes stucco exteriors, asphalt roofing, carpet and vinyl flooring, natural-gas forced-air central heating, public sewer service, walk-in closets, and disposals. The property is zoned Multi-Family and occupies 0.07 acres.
Residents have access to a community pool, clubhouse, fitness center, parks, playgrounds, pickleball courts, and walking trails. The property is near schools, shopping, restaurants, Utah Valley University, Utah Lake, FrontRunner, and I-15, connecting the multifamily asset to surrounding services, recreation, education, and transportation.
Residents have access to a community pool, clubhouse, fitness center, parks, playgrounds, pickleball courts, and walking trails. The property is near schools, shopping, restaurants, Utah Valley University, Utah Lake, FrontRunner, and I-15, connecting the multifamily asset to surrounding services, recreation, education, and transportation.
Key Highlights
- 4‑plex with 5,751 Square Feet of Property Size
- 0.07‑acre lot zoned Multi‑Family
- Built in 2015 with stucco construction and asphalt roof
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
$53,055
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
4.21%
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%
$1,061,100
$1.1M
Cap Rate 7%
$757,929
$757.9K
Cap Rate 9%
$589,500
$589.5K
Market Conditions
NOI Build-Up for 5,751 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
$79.4K $13.80/SF
− Vacancy
−$3.6K −$0.62/SF
EGI
$75.8K $13.18/SF
− OpEx
−$22.7K −$3.95/SF
NOI
$53.1K $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%
$1,061,100
Cap Rate 7%
$757,929
Cap Rate 9%
$589,500
Alternative Uses
Best Use
Multifamily LT 5
$757.9K
$663.2K – $884.3K
NOI $53,055 @ 7.0% cap · market cap 4.21%
Second Best
Apartment 5plus
$696.9K
$609.8K – $813.0K
NOI $48,782 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M
NOI $110,971 @ 7.0% cap · market cap 8.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
767
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?
Quadplex - Four-unit multifamily property with community amenities and convenient access to schools, shopping, restaurants, UVU, Utah Lake, and FrontRunner.
Where is this quadplex located?
The property is located at 748 E 125 N Vineyard, UT.
What is the asking price?
The asking price for this property is $1,259,900.
What are key features of this property?
This property features: 4‑plex with 5,751 Square Feet of Property Size; 0.07‑acre lot zoned Multi‑Family; Built in 2015 with stucco construction and asphalt roof
