Remodeled Four-Unit
270 E CENTER St, Bountiful, UT 84010
For Sale
$1,200,000
Residential, Bountiful, UT
Property Size5,792 SF
Lot Size0.33 Acres
Price / SF$207.18
Days on Market99
Property Features for 270 E CENTER St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Window features
Interior features
Exterior features
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Amenities
in-unit laundry hookups
mature landscaping
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Equity Real Estate (Select)
(801) 589-5800
Listed By:
Matthew Larson
(801) 725-5666
Added: Aug 3
Changed: Oct 25
Last Checked: Nov 9 at 4:06AM
MLS# 2176971
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Investment Insights
Based on property information with market context.
This four-unit residential property contains 5,792 square feet across four three-bedroom, two-bath units averaging approximately 1,448 square feet each. Every unit includes in-unit laundry hookups and a dedicated garage. Three units have been remodeled, while the fourth offers additional improvement potential. Separate gas and electric meters serve the units, which are fully occupied under month-to-month tenancies.
The property sits on a 0.33-acre corner lot with mature landscaping at 270 E Center St in Bountiful, Utah. It provides access to historic downtown Bountiful and I-15. Built in 1996, the improvements include aluminum and brick construction, central natural-gas heating, asphalt roofing, public sewer, open and covered parking, and a basement entrance. The zoning is identified as Single-Family.
The property sits on a 0.33-acre corner lot with mature landscaping at 270 E Center St in Bountiful, Utah. It provides access to historic downtown Bountiful and I-15. Built in 1996, the improvements include aluminum and brick construction, central natural-gas heating, asphalt roofing, public sewer, open and covered parking, and a basement entrance. The zoning is identified as Single-Family.
Key Highlights
- Four 3‑bedroom, 2‑bath units averaging approximately 1,448 square feet each
- 5,792‑square‑foot multifamily property on a 0.33‑acre corner lot
- Three units remodeled; fourth unit offers additional improvement potential
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,110
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,422,200
$1.4M
Cap Rate 7%
$1,015,857
$1.0M
Cap Rate 9%
$790,111
$790.1K
Market Conditions
NOI Build-Up for 5,792 SF
Gross rent
$112.2K $19.38/SF
− Vacancy
−$10.7K −$1.84/SF
EGI
$101.6K $17.54/SF
− OpEx
−$30.5K −$5.26/SF
NOI
$71.1K $12.28/SF
Area
Davis County, UT
Vacancy
9.50%
Lease Rate
$19.38 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,422,200
Cap Rate 7%
$1,015,857
Cap Rate 9%
$790,111
Alternative Uses
Best Use
Multifamily LT 5
$1.02M
$888.9K – $1.19M
NOI $71,110 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$941.2K
$823.6K – $1.10M
NOI $65,885 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,640 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,763
Businesses Nearby
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Business Placement
Demographics for 84010, UT
48,439
Population
16,103
Households
3
Avg Household Size
35
Median Age
46%
College-Educated
98%
High-School Grad
38.0 sq mi
ZIP Area
1,275
Density / Sq Mi
$102,038
Median Household Income
$45,472
Median Earnings
$1,458
Median Rent
$486,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four spacious residential units offer private garages, laundry hookups, and a mix of updated interiors on a landscaped corner lot.
Where is this quadplex located?
The property is located at 270 E CENTER St Bountiful, UT.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Four 3‑bedroom, 2‑bath units averaging approximately 1,448 square feet each; 5,792‑square‑foot multifamily property on a 0.33‑acre corner lot; Three units remodeled; fourth unit offers additional improvement potential
