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Second State Apartment Building
For Sale
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230 S State St, Clearfield, UT 84015

Newly constructed community with studio and one-bedroom layouts, equipped kitchens, in-unit laundry, and resident amenities.

Property SizeContact for details
Days on Market142

Property Features for 230 S State St

General Information

Standard status Active
Property subtype Multifamily
Occupancy 95%

Units

Unit Mix 34 x studio, 82 x 1BR
Multifamily Units 116

Amenities

fitness center
lounge
Listing Agency: Northmarq - Salt Lake City
Listed By: Mark Jensen · License #UT 5505345-SA00
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 9:21PM

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 Northmarq - Salt Lake City

Investment Insights

Based on property information with market context.

Second State is a newly constructed apartment community offering 34 studio residences and 82 one-bedroom residences. The units feature modern, open layouts, fully equipped kitchens, and in-unit washers and dryers. The property is pet-friendly and includes a fitness center and resident lounge.

Located in Clearfield, Utah, the community is near Hill Air Force Base, shopping, dining, and outdoor recreation at Antelope Island. The property is positioned within the Ogden-Clearfield area of Davis County and is offered with operating metrics including a 3-month average occupancy of 95% and Year 1 Cash on Cash of 7.05%.

Key Highlights

  • 34 studio units and 82 1‑bedroom units
  • 3‑Month Average Occupancy: 95%
  • Year 1 Cash on Cash: 7.05%

Property Analytics

Current Use

Premier Diagnostics - Clearfield Medical Laboratory Second State Apartments Apartment Complex

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Pharmacy Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

116
Residential units
95%
Occupancy

Location Intelligence

Trade Area within ½ mile

711
Businesses Nearby

Demographics for 84015, UT

68,548
Population
23,058
Households
3
Avg Household Size
30
Median Age
25%
College-Educated
93%
High-School Grad
20.8 sq mi
ZIP Area
3,296
Density / Sq Mi
$92,634
Median Household Income
$43,208
Median Earnings
$1,385
Median Rent
$377,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Newly constructed community with studio and one-bedroom layouts, equipped kitchens, in-unit laundry, and resident amenities.
Where is this apartment building located?
The property is located at 230 S State St Clearfield, UT.
What are key features of this property?
This property features: 34 studio units and 82 1‑bedroom units; 3‑Month Average Occupancy: 95%; Year 1 Cash on Cash: 7.05%
More about this property
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