Four-Plex with Split-Entry
1821 W 800 N Pleasant Grove, UT 84062
1821 W 800 N, Pleasant Grove, UT, 84062
$1,250,000
For Sale
$1,250,000
Well-maintained four-plex with four 2-bed, 1-bath units, vinyl siding and brick exterior, plus ample off-street parking.
Property Size4,552 SF
Price / SF$274.60
Days on Market16
Property Features for 1821 W 800 N
General Information
- Standard status
- Active
- Size
- 4,552 SF
- Property subtype
- Quadruplex
Building Details
- Year Built
- 1995
Listing agency
Kelly Right Real Estate of Utah, LLC
(509) 489-7000
Listed by
Spencer Clawson
(801) 636-8426
Source
Liftrealty
Added: Jul 7 Updated: Jul 21 at 11:45PM Checked: Jul 22 at 5:20AM
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 Kelly Right Real Estate of Utah, LLC
Investment Insights
Based on property information with market context.
This split-entry four-plex includes four 2-bedroom, 1-bath units with functional layouts. The building features vinyl siding and brick exterior finishes, a covered front entry, and includes a grassy common area and fenced yard space. Off-street parking is provided on a large paved lot.
Current income is supported by 100% occupancy, with rents listed at $1,100 per month per unit. The property is positioned for easy access to I-15 and nearby employers and institutions referenced in the offering, including Silicon Slopes employers, UVU, and local schools.
For buyers seeking a turnkey residential income addition, this property is described as having long-term tenants in place and presents a straightforward four-unit configuration within the Pleasant Grove area.
Current income is supported by 100% occupancy, with rents listed at $1,100 per month per unit. The property is positioned for easy access to I-15 and nearby employers and institutions referenced in the offering, including Silicon Slopes employers, UVU, and local schools.
For buyers seeking a turnkey residential income addition, this property is described as having long-term tenants in place and presents a straightforward four-unit configuration within the Pleasant Grove area.
Key Highlights
- 1995‑built split‑entry four‑plex with four 2 bed, 1 bath units
- Approx. 1,138 sq ft per unit with a functional layout
- Vinyl siding and brick exterior with a covered front entry
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 | $62.8k | $13.80 |
| − Vacancy | −$2.8k | −$0.62 |
| EGI | $60.0k | $13.18 |
| − OpEx | −$18.0k | −$3.95 |
| NOI | $42.0k | $9.23 |
4,552 SF · lease $13.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$599.9K
$524.9K – $699.9K
NOI $41,994 @ 7.0% cap · market cap 3.36%
Second Best
Apartment 5plus
$551.6K
$482.7K – $643.5K
NOI $38,612 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$1.25M
$1.10M – $1.46M
NOI $87,835 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Well-maintained four-plex with four 2-bed, 1-bath units, vinyl siding and brick exterior, plus ample off-street parking.
Where is this quadplex located?
The property is located at 1821 W 800 N Pleasant Grove, UT.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 1995‑built split‑entry four‑plex with four 2 bed, 1 bath units; Approx. 1,138 sq ft per unit with a functional layout; Vinyl siding and brick exterior with a covered front entry
