Fourplex with Covered
New
For Sale
$799,900
110 E 2250 S, Bountiful, UT 84010
Residential, Bountiful, UT
Property Size3,720 SF
Lot Size0.31 Acres
Price / SF$215.03
Days on Market2
Property Features for 110 E 2250 S
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
Multi-Family
Bedrooms
7
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 2, Bedroom 7, Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 6
Parking
4
Parking features
Covered
Lot features
Cul-De-Sac, Curb & Gutter, Road: Paved, Sidewalks
Elementary school
Muir
Middle school
Mueller Park
High school
Woods Cross
Elementary school district
Davis
Middle school district
Davis
High school district
Davis
Subdivision
Bntfl; NSL; Cntrvl; WdX; Frmtn
Standard status
Active
APN
05-025-0006
Size
3,720 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Annual Amount
5207
Utilities
Heating system
Natural Gas, Central, Forced Air
Building Details
Year built
1955
Floors in Building
2
Number of units
4
Flooring type
Carpet, Tile, Hardwood
Building materials
Brick
Roof type
Asphalt
Architectural style
Other
Listing Agency:
KW WESTFIELD · Keller Williams Realty
(801) 850-5600
Listed By:
Jordana Proctor
(385) 309-7204
Added: Sep 25
Changed: Sep 26
Last Checked: Sep 26 at 10:06AM
MLS# 2187583
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 1955, this fourplex contains 3,720 square feet across four units: three two-bedroom, one-bath residences and one one-bedroom, one-bath residence. The building has brick construction, carpet, tile and hardwood flooring, and central forced-air heat fueled by natural gas. Covered parking serves the property, which is zoned Multi-Family.
The site spans 0.31 acres at 110 E 2250 S in Bountiful. Yard work completed in 2024 included a new sprinkler. The property’s unit mix and physical features provide a clear overview of its residential configuration.
The site spans 0.31 acres at 110 E 2250 S in Bountiful. Yard work completed in 2024 included a new sprinkler. The property’s unit mix and physical features provide a clear overview of its residential configuration.
Key Highlights
- Four units: three 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
- 3,720‑square‑foot building on a 0.31‑acre lot
- Multi‑Family zoning
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
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Open Analytics
Current Use
Lease Details
4
Residential units
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Four residences offer a mix of one- and two-bedroom layouts.
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: Four units: three 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit; 3,720‑square‑foot building on a 0.31‑acre lot; Multi‑Family zoning
