14 E MAIN ST, Goshen, UT 84633

Building Details

Building Size 1,958 SF More

Year Built 1958 More

Tenancy Multi More

Listing Agency: EXP Realty, LLC Show Phone

Listed By: Dakotah Navarro · License UT #14199269 Show Phone

Source: Liftrealty

Added: Jul 1 Changed: Nov 12 Last Checked: Nov 12 at 7:39AM

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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 EXP Realty, LLC

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Investment Insights

Based on property information with market context.

This triplex includes three separate addresses: 14 E Main St, 16 E Main St, and 18 E Main St. The property operates as three income units, with two units currently rented at $1,200 per month and the third rented at $1,000 per month. In addition, the owner leases out a garage for storage for $300 per month.

The property is located on Goshen Main St, directly across from an elementary school.

The sale includes two tax IDs/parcels. Square footage figures are described as estimates from county records, and buyer/buyer brokers are advised to verify independently.

Key Highlights

• Tri‑unit property built in 1958 with three separate addresses: 14, 16, and 18 E Main St.
• Two units rent for $1,200/month and the third rents for $1,000/month.
• Garage leased for storage at $300/month.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$32,178

Cap Rate

7.48%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$643,560 $643.6K

Cap Rate 7%

$459,686 $459.7K

Cap Rate 9%

$357,533 $357.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,488 SF

Gross rent

$48.1K $13.80/SF

− Vacancy

−$2.2K −$0.62/SF

EGI

$46.0K $13.18/SF

− OpEx

−$13.8K −$3.95/SF

NOI

$32.2K $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 Rate 5%

$643,560

Cap Rate 7%

$459,686

Cap Rate 9%

$357,533

Alternative Uses

Best Use

Multifamily LT 5

$459.7K

$402.2K – $536.3K (±1% cap)

NOI $32,178 @ 7.0% cap · market cap 7.48%

Second Best

Apartment 5plus

$422.7K

$369.8K – $493.1K (±1% cap)

NOI $29,586 @ 7.0% cap · market cap 6.88%

Theoretical Best

Office A

$961.5K

$841.3K – $1.12M (±1% cap)

NOI $67,304 @ 7.0% cap · market cap 15.65%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Lease Details

3

Residential units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

37

Businesses Nearby

Explore this area Business Placement

Demographics for 84633, UT

1,082

Population

300

Households

3.6

Avg Household Size

32

Median Age

10%

College-Educated

81%

High-School Grad

25.0 sq mi

ZIP Area

43

Density / Sq Mi

$93,529

Median Household Income

$41,667

Median Earnings

$1,274

Median Rent

$246,100

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Frequently Asked Questions

What type of property is this?

Triplex - Three-unit property with separate addresses, two parcels, and rental income plus a separately leased storage garage.

Where is this triplex located?

The property is located at 14 E MAIN ST Goshen, UT.

What is the asking price?

The asking price for this property is $430,000.

What are key features of this property?

This property features: Tri‑unit property built in 1958 with three separate addresses: 14, 16, and 18 E Main St.; Two units rent for $1,200/month and the third rents for $1,000/month.; Garage leased for storage at $300/month.