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Brick 4-Unit Quadplex
For Sale
$1,475,000

1130 N 200 W, Bountiful, UT 84010

Residential, Bountiful, UT

Property Size6,113 SF
Lot Size0.36 Acres
Price / SF$241.29
Days on Market183

Property Features for 1130 N 200 W

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning Multi-Family
Zoning description RM-13
Bedrooms 16
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 11, Bedroom 10, Bedroom 7, Bathroom 6, Bedroom 9, Bathroom 7, Bathroom 4, Bedroom 16, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 1, Bedroom 14, Bathroom 8, Bathroom 5, Bedroom 8, Bedroom 12, Bedroom 15, Bedroom 6, Bedroom 13
Parking 8
Patio and Porch features Porch
Interior features Disposal, Gas Log, Range/Oven: Free Stdng., Dishwasher: Built-In
Exterior features Basement Entrance, Double Pane Windows, Entry (Foyer), Porch: Open, Walkout
Fireplace 1
Lot features Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto- Full, View: Mountain
Elementary school None/Other
Middle school None/Other
High school None/Other
Elementary school district Davis
Middle school district Davis
High school district Davis
Subdivision Bntfl; NSL; Cntrvl; WdX; Frmtn
Standard status Active
APN 03-003-0135
Size 6,113 SF
Lot size 0.36 Acres

Taxes and HOA fees

Tax Annual Amount 6458

Utilities

Heating system Forced Air

Amenities

gas fireplaces

Building Details

Year built 1996
Number of units 4
Flooring type Carpet, Hardwood, Tile
Building materials Brick
Roof type Asphalt
Architectural style Other
Listing Agency: Oakwood Realty & Property Management 8 Corp
Listed By: Russ James
Added: Feb 19 Changed: Aug 20 Last Checked: Aug 21 at 12:06PM
MLS# 2138273

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Investment Insights

Based on property information with market context.

Built in 1996, this brick quadplex contains four residential units within 6,113 square feet on 0.36 acres. Each unit offers four bedrooms and two bathrooms, along with vaulted ceilings, a gas fireplace, and a one-car garage. Interior finishes include hardwood, tile, and carpet, while forced-air heating, dishwashers, ranges, and disposals serve the residences. Walkout access, basement entrances, double-pane windows, and open porches add to the building’s physical features.

The property is located at 1130 N 200 W in Bountiful, Utah, and is zoned Multi-Family. All four units are currently occupied. Each residence has its own water meter, and tenants pay all utilities other than sewer and secondary water used for sprinklers. Additional land at the rear may offer the potential for more parking, subject to applicable approvals.

Key Highlights

  • Four fully occupied residential units in a 6,113‑square‑foot brick building
  • Each unit includes 4 bedrooms, 2 bathrooms, vaulted ceilings, and a gas fireplace
  • One‑car garage provided for each residence

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
$75,051
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
5.09%
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%
$1,501,020 $1.5M
Cap Rate 7%
$1,072,157 $1.1M
Cap Rate 9%
$833,900 $833.9K
Market Conditions
NOI Build-Up for 6,113 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
$118.5K $19.38/SF
− Vacancy
−$11.3K −$1.84/SF
EGI
$107.2K $17.54/SF
− OpEx
−$32.2K −$5.26/SF
NOI
$75.1K $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%
$1,501,020
Cap Rate 7%
$1,072,157
Cap Rate 9%
$833,900

Alternative Uses

Best Use
Multifamily LT 5
$1.07M
$938.1K – $1.25M (±1% cap)
NOI $75,051 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$993.4K
$869.2K – $1.16M (±1% cap)
NOI $69,536 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M (±1% cap)
NOI $98,829 @ 7.0% cap · market cap 6.70%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Bailex Inc Insurance Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Catering Service Computer & Electronic Repair Storage Facility Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

851
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Each residence offers four bedrooms, two baths, vaulted ceilings, a gas fireplace, and a dedicated garage.
Where is this quadplex located?
The property is located at 1130 N 200 W Bountiful, UT.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: Four fully occupied residential units in a 6,113‑square‑foot brick building; Each unit includes 4 bedrooms, 2 bathrooms, vaulted ceilings, and a gas fireplace; One‑car garage provided for each residence
More about this property
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