Two-Unit Duplex
New
For Sale
$425,000
1731 W 4800 S, Roy, UT 84067
Residential income property with one two-bedroom unit and one one-bedroom unit, both currently leased.
Property Size1,485 SF
Price / SF$286.20
Days on Market2
Property Features for 1731 W 4800 S
General Information
Standard status
Active
Size
1,485 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
1957
Listing Agency:
Better Homes And Gardens Real Estate Momentum
Listed By:
The One Group Utah
(385) 350-2888
Source:
Theonegrouputah
Added: Sep 7
Last Checked: Sep 7 at 2:38PM
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 Better Homes And Gardens Real Estate Momentum
Investment Insights
Based on property information with market context.
Built in 1957, this 1,485-square-foot duplex contains two separate residential units: a two-bedroom, one-bath residence and a one-bedroom, one-bath residence. Both units are currently leased, with the two-bedroom lease expiring October 26. The configuration supports continued rental operation or an owner-occupancy arrangement with a second unit producing rental income.
The property is located at 1731 W 4800 S in Roy, Utah, with freeway access nearby and Hill Air Force Base just minutes away. Its two-unit layout and existing tenancy provide a straightforward residential income property format for an investor or an owner-occupant.
The property is located at 1731 W 4800 S in Roy, Utah, with freeway access nearby and Hill Air Force Base just minutes away. Its two-unit layout and existing tenancy provide a straightforward residential income property format for an investor or an owner-occupant.
Key Highlights
- Two‑unit duplex with 1,485 square feet
- Unit mix includes 2 bedrooms and 1 bath plus 1 bedroom and 1 bath
- Both units are currently leased
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
$14,676
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
3.45%
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%
$293,520
$293.5K
Cap Rate 7%
$209,657
$209.7K
Cap Rate 9%
$163,067
$163.1K
Market Conditions
NOI Build-Up for 1,485 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
$23.2K $15.60/SF
− Vacancy
−$2.2K −$1.48/SF
EGI
$21.0K $14.12/SF
− OpEx
−$6.3K −$4.24/SF
NOI
$14.7K $9.88/SF
Area
Weber County, UT
Vacancy
9.50%
Lease Rate
$15.60 /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%
$293,520
Cap Rate 7%
$209,657
Cap Rate 9%
$163,067
Alternative Uses
Best Use
Multifamily LT 5
$209.7K
$183.5K – $244.6K
NOI $14,676 @ 7.0% cap · market cap 3.45%
Second Best
Apartment 5plus
$182.7K
$159.9K – $213.2K
NOI $12,790 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$342.5K
$299.7K – $399.6K
NOI $23,975 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
549
Businesses Nearby
Explore this area
Business Placement
Demographics for 84067, UT
39,194
Population
13,425
Households
2.9
Avg Household Size
32
Median Age
23%
College-Educated
93%
High-School Grad
8.2 sq mi
ZIP Area
4,780
Density / Sq Mi
$90,918
Median Household Income
$42,987
Median Earnings
$1,557
Median Rent
$350,400
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?
Duplex - Residential income property with one two-bedroom unit and one one-bedroom unit, both currently leased.
Where is this duplex located?
The property is located at 1731 W 4800 S Roy, UT.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,485 square feet; Unit mix includes 2 bedrooms and 1 bath plus 1 bedroom and 1 bath; Both units are currently leased
