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    Quadplex Income Property

    1575 S HIGHWAY 89 Perry, UT 84302

    1575 S HIGHWAY 89, Perry, UT, 84302
    $575,000
    For Sale
    Claim this Listing
    $575,000

    MULTI_FAMILY - Other - Perry, UT

    Property Size3,392 SF
    Lot Size0.45 Acres
    Price / SF$169.52
    AddedJun 29
    Days on Market17
    Last RefreshJul 15 at 7:06 pm

    Property Features for 1575 S HIGHWAY 89

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Multi-Family, Commercial
    Bedrooms
    3
    Bathrooms
    4
    Rooms
    Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 2, Bathroom 1
    Parking
    10
    Parking features
    Covered
    Standard status
    Active
    APN
    03-142-0048
    Size
    3,392 SF
    Lot size
    0.45 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3434

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1977
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Laminate, Tile, Carpet
    Building materials
    Brick, Composition
    Roof type
    Asphalt
    Architectural style
    Other

    Listing agent Malone Molgard

    Listing office Equity Real Estate 3296 N 850 W, Ogden, UT

    Listing date Jun 29, 2026

    MLS# 2171532

    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.

    This quadplex income property is offered for sale in Perry, Utah. The listing includes a seller-measured square footage estimate for informational purposes, and buyers are advised to verify independently.

    The property is located at 1575 S HIGHWAY 89 in Box Elder County. Zoning is listed as Multi-Family, Commercial, supporting a mixed-use framework for the site.

    Key Highlights

    • Brick and composition exterior construction with an asphalt roof
    • Forced‑air heating
    • Laminate, tile, and carpet flooring

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $50.9k $15.00
    − Vacancy −$3.0k −$0.90
    EGI $47.8k $14.10
    − OpEx −$14.4k −$4.23
    NOI $33.5k $9.87
    3,392 SF · lease $15.00/SF/yr · vacancy 5.98% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $478.4K
    $418.6K – $558.1K (±1% cap)
    NOI $33,486 @ 7.0% cap · market cap 5.82%
    Second Best
    Apartment 5plus
    $440.5K
    $385.5K – $513.9K (±1% cap)
    NOI $30,836 @ 7.0% cap · market cap 5.36%
    Theoretical Best
    Office A
    $880.9K
    $770.8K – $1.03M (±1% cap)
    NOI $61,661 @ 7.0% cap · market cap 10.72%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Hair Salon Parking Lot & Garage Big Box & Wholesale Store Nail Salon Electrical Service Kitchen & Bath Showroom Auto Parts Store Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    FAQs

    What type of property is this?
    Quadplex - For sale quadplex in Perry, UT, zoned for multi-family and commercial use.
    Where is this quadplex located?
    The property is located at 1575 S HIGHWAY 89 Perry, UT.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: Brick and composition exterior construction with an asphalt roof; Forced‑air heating; Laminate, tile, and carpet flooring
    Contact an agent
    (435) 730-1752
    We can help!
    Contact an agent
    Malone Molgard
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