Duplex With Attached
For Sale
$639,995
280 N 750 E, Vineyard, UT 84059
MULTI_FAMILY - Other - Vineyard, UT
Property Size3,023 SF
Lot Size0.03 Acres
Price / SF$211.71
Days on Market186
Property Features for 280 N 750 E
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Multi-Family
Zoning description
R2
Bedrooms
6
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 1, Bathroom 4, Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 6, Bathroom 5, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 5
Parking
3
Parking features
Covered
Spa
1
Window features
Blinds
Pool private
1
Interior features
Bath: Primary, Closet: Walk-In, Disposal, Dishwasher: Built-In
Exterior features
Double Pane Windows, Lighting
Subdivision
EDGEWATER AT GENEVA
Lot features
Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto- Full, View: Mountain, Drip Irrigation: Auto- Full
Elementary school
Vineyard
Middle school
Lakeridge
High school
Mountain View
Elementary school district
Alpine
Middle school district
Alpine
High school district
Alpine
Standard status
Active
APN
38-651-0001
Size
3,023 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
3649
HOA Fee
$482 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central, Forced Air
Amenities
pool
clubhouse
parks
walking paths
Building Details
Year built
2014
Floors in Building
2
Number of units
2
Flooring type
Carpet, Linoleum
Building materials
Stone, Stucco
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Berkshire Hathaway HomeServices Elite Real Estate
(801) 224-9011
Listed By:
Ned Chidester · License #5484690
(801) 224-9011
Added: Feb 6
Changed: Aug 11
Last Checked: Aug 11 at 10:06PM
MLS# 2135607
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 3,023-square-foot duplex contains two three-bedroom residences, with each unit offering 2+ bathrooms, an attached garage, and a private entrance. The interiors feature open layouts, natural light, walk-in closets, built-in dishwashers, disposals, carpet and linoleum flooring, and central forced-air heating powered by natural gas. The property was built in 2014 on a 0.03-acre lot and has stone and stucco construction, double-pane windows, an asphalt roof, and public sewer service.
Multi-Family zoning supports the property’s duplex configuration. Community amenities include a pool, clubhouse, parks, and walking paths. The property also includes covered parking, low-maintenance yard areas, and access to nearby commuting routes, dining, shopping, outdoor recreation, and transit.
Multi-Family zoning supports the property’s duplex configuration. Community amenities include a pool, clubhouse, parks, and walking paths. The property also includes covered parking, low-maintenance yard areas, and access to nearby commuting routes, dining, shopping, outdoor recreation, and transit.
Key Highlights
- Two three‑bedroom units with 2+ bathrooms per unit
- 3,023 square feet on a 0.03‑acre lot
- Attached garage for each unit with covered parking
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
$27,888
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
4.36%
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%
$557,760
$557.8K
Cap Rate 7%
$398,400
$398.4K
Cap Rate 9%
$309,867
$309.9K
Market Conditions
NOI Build-Up for 3,023 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
$41.7K $13.80/SF
− Vacancy
−$1.9K −$0.62/SF
EGI
$39.8K $13.18/SF
− OpEx
−$12.0K −$3.95/SF
NOI
$27.9K $9.23/SF
Area
Utah County, UT
Vacancy
4.50%
Lease Rate
$13.80 /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%
$557,760
Cap Rate 7%
$398,400
Cap Rate 9%
$309,867
Alternative Uses
Best Use
Multifamily LT 5
$398.4K
$348.6K – $464.8K
NOI $27,888 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$366.3K
$320.5K – $427.4K
NOI $25,642 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$833.3K
$729.2K – $972.2K
NOI $58,332 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
738
Businesses Nearby
Explore this area
Business Placement
Demographics for 84059, UT
15,567
Population
5,325
Households
2.9
Avg Household Size
25
Median Age
49%
College-Educated
97%
High-School Grad
5.3 sq mi
ZIP Area
2,937
Density / Sq Mi
$101,842
Median Household Income
$41,489
Median Earnings
$1,799
Median Rent
$509,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom units feature open layouts, private entrances, and covered parking.
Where is this duplex located?
The property is located at 280 N 750 E Vineyard, UT.
What is the asking price?
The asking price for this property is $639,995.
What are key features of this property?
This property features: Two three‑bedroom units with 2+ bathrooms per unit; 3,023 square feet on a 0.03‑acre lot; Attached garage for each unit with covered parking
