Quadplex Income
1575 S HIGHWAY 89 Perry, UT 84302
1575 S HIGHWAY 89, Perry, UT, 84302
$575,000
For Sale
$575,000
MULTI_FAMILY - Other - Perry, UT
Property Size3,392 SF
Lot Size0.45 Acres
Price / SF$169.52
Days on Market23
Property Features for 1575 S HIGHWAY 89
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- Multi-Family, Commercial
- Bedrooms
- 3
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 3, Bathroom 4, Bedroom 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
- Tile, Laminate, Carpet
- Building materials
- Brick, Composition
- Roof type
- Asphalt
- Architectural style
- Other
Listing agency
Equity Real Estate
(800) 785-9995
Listed by
Malone Molgard
(435) 730-1752
Added: Jun 29 Updated: Jul 17 at 10:38AM Checked: Jul 21 at 3:06PM
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.
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 construction materials
- Forced air heating
- Asphalt roof
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
NOI $33,486 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$440.5K
$385.5K – $513.9K
NOI $30,836 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$880.9K
$770.8K – $1.03M
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
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 construction materials; Forced air heating; Asphalt roof
