Five-Unit Multifamily
For Sale
$955,000
661 E 600 N, Logan, UT 84321
Fully occupied five-unit multifamily property consisting of three buildings on two parcels.
Property SizeContact for details
Days on Market100
Property Features for 661 E 600 N
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
5
Amenities
Walkable USU Location: Half a block from Utah State University, the property benefits from consistent student and university-affiliated rental demand in Logan's most active housing area.
Stabilized Day-One Cash Flow: Fully occupied at acquisition, providing immediate income and proven occupancy performance in a high-demand rental market.
Organic Value-Add Potential: Opportunity to create upside through natural tenant turnover and lease renewals, offering future NOI growth without major capital improvements.
Listing Agency:
Salt Lake City Office
Listed By:
Evan Clark · License #License(s): ID: 8071166, UT: 10187590-SA00
(801) 736-2632
Source:
Marcusmillichap
Added: Jun 1
Changed: Sep 3
Last Checked: Sep 8 at 3:31AM
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 Salt Lake City Office
Investment Insights
Based on property information with market context.
Offered for sale is a fully occupied five-unit multifamily property comprised of three separate buildings situated on two parcels. The asset is presented as an income-producing offering.
The property is located in Logan, Utah, and is described as being in close proximity to Utah State University, along with Logan’s expanding healthcare and professional employment base.
The seller’s remarks indicate the property’s in-place rents reflect a meaningful below-market spread, supporting value that may be realized through lease renewals at natural turnover.
The property is located in Logan, Utah, and is described as being in close proximity to Utah State University, along with Logan’s expanding healthcare and professional employment base.
The seller’s remarks indicate the property’s in-place rents reflect a meaningful below-market spread, supporting value that may be realized through lease renewals at natural turnover.
Key Highlights
- Fully occupied five‑unit multifamily property
- Three buildings on two parcels
- Income‑producing asset with in‑place rents indicating below‑market spread
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
618
Businesses Nearby
Explore this area
Business Placement
Demographics for 84321, UT
49,550
Population
17,213
Households
2.9
Avg Household Size
26
Median Age
38%
College-Educated
92%
High-School Grad
220.1 sq mi
ZIP Area
225
Density / Sq Mi
$66,262
Median Household Income
$24,946
Median Earnings
$1,037
Median Rent
$360,300
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?
Apartment building - Fully occupied five-unit multifamily property consisting of three buildings on two parcels.
Where is this apartment building located?
The property is located at 661 E 600 N Logan, UT.
What is the asking price?
The asking price for this property is $955,000.
What are key features of this property?
This property features: Fully occupied five‑unit multifamily property; Three buildings on two parcels; Income‑producing asset with in‑place rents indicating below‑market spread
