Fourplex Residential Income
For Sale
$799,900
110 E 2250 S, Bountiful, UT 84010
Well-maintained fourplex with three 2-bed/1-bath units and one 1-bed/1-bath unit on a 0.31-acre lot.
Property Size3,720 SF
Lot Size0.31 Acres
Price / SF$215.03
Days on Market133
Property Features for 110 E 2250 S
General Information
Standard status
Active
Size
3,720 SF
Lot size
0.31 Acres
Property subtype
Quadruplex
Taxes and HOA fees
Annual Taxes
$5,207
Building Details
Building Size
3,720 SF
Year Built
1955
Buildings
1
Tenancy
Multi
Listing Agency:
KW WESTFIELD
(385) 309-7204
Listed By:
Jordana Proctor
Source:
Acresutah
Added: Mar 30
Changed: Aug 8
Last Checked: Aug 9 at 11:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW WESTFIELD
Investment Insights
Based on property information with market context.
This well-maintained fourplex offers a practical residential income configuration with four total units. The property includes three 2-bedroom / 1-bath units and one 1-bedroom / 1-bath unit. Two of the units are on a month-to-month arrangement, which may appeal to an owner who wants the flexibility of living in the property. Total building area is listed as 3,720 SF, with square footage figures provided as courtesy estimates based on county records. The buyer is advised to obtain an independent measurement.
Built in 1955, the fourplex sits on a 0.31-acre lot and is located at 110 E 2250 S in Bountiful, UT 84010.
For additional buyer due diligence, confirm current operating details, unit terms, and measurements through independent verification.
Built in 1955, the fourplex sits on a 0.31-acre lot and is located at 110 E 2250 S in Bountiful, UT 84010.
For additional buyer due diligence, confirm current operating details, unit terms, and measurements through independent verification.
Key Highlights
- 3,720 SF fourplex with square footage listed as county records courtesy estimate
- 0.31‑acre lot
- Three 2‑bed/1‑bath units plus one 1‑bed/1‑bath unit
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
$45,671
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
5.71%
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%
$913,420
$913.4K
Cap Rate 7%
$652,443
$652.4K
Cap Rate 9%
$507,456
$507.5K
Market Conditions
NOI Build-Up for 3,720 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
$72.1K $19.38/SF
− Vacancy
−$6.8K −$1.84/SF
EGI
$65.2K $17.54/SF
− OpEx
−$19.6K −$5.26/SF
NOI
$45.7K $12.28/SF
Area
Davis County, UT
Vacancy
9.50%
Lease Rate
$19.38 /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%
$913,420
Cap Rate 7%
$652,443
Cap Rate 9%
$507,456
Alternative Uses
Best Use
Multifamily LT 5
$652.4K
$570.9K – $761.2K
NOI $45,671 @ 7.0% cap · market cap 5.71%
Second Best
Apartment 5plus
$604.5K
$528.9K – $705.3K
NOI $42,315 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$859.2K
$751.8K – $1.00M
NOI $60,141 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
343
Businesses Nearby
Explore this area
Business Placement
Demographics for 84010, UT
48,439
Population
16,103
Households
3
Avg Household Size
35
Median Age
46%
College-Educated
98%
High-School Grad
38.0 sq mi
ZIP Area
1,275
Density / Sq Mi
$102,038
Median Household Income
$45,472
Median Earnings
$1,458
Median Rent
$486,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained fourplex with three 2-bed/1-bath units and one 1-bed/1-bath unit on a 0.31-acre lot.
Where is this quadplex located?
The property is located at 110 E 2250 S Bountiful, UT.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 3,720 SF fourplex with square footage listed as county records courtesy estimate; 0.31‑acre lot; Three 2‑bed/1‑bath units plus one 1‑bed/1‑bath unit
