8-Unit Quadplex
For Sale
$1,149,000
338 E 200 S, Clearfield, UT 84015
Two residential buildings offer garage parking, radiant heat, and shared coin-operated laundry for residents.
Property Size6,900 SF
Price / SF$166.52
Days on Market273
Property Features for 338 E 200 S
General Information
Standard status
Active
Size
6,900 SF
Property subtype
Quadruplex
Occupancy
100%
Units
Multifamily Units
8
Parking per Unit
1
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$8,547
Amenities
shared coin-operated laundry
Building Details
Building Size
6,900 SF
Year Built
1951
Buildings
2
Listing Agency:
Rescom, Inc
Listed By:
Ryan Froerer · License #5223234
(801) 941-4342
Source:
Doxeygroup
Added: Jan 28
Changed: Oct 27
Last Checked: Oct 27 at 3:12AM
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 Rescom, Inc
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Investment Insights
Based on property information with market context.
The property comprises two fourplex buildings with 8 total units and 6,900 square feet. Built in 1951, the buildings include updated windows and replacement roofs. Each apartment has hardwood flooring, a living area, a bedroom, radiant heat, and a one-car garage. Residents also have access to coin-operated laundry in the basement.
At the time of listing, all units were occupied. The sale includes Parcel #12-003-0062 and Parcel #12-003-0061.
At the time of listing, all units were occupied. The sale includes Parcel #12-003-0062 and Parcel #12-003-0061.
Key Highlights
- Two fourplex buildings with 8 total units
- 6,900 square feet across the property
- 100% occupied at the time of listing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,713
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,694,260
$1.7M
Cap Rate 7%
$1,210,186
$1.2M
Cap Rate 9%
$941,256
$941.3K
Market Conditions
NOI Build-Up for 6,900 SF
Gross rent
$133.7K $19.38/SF
− Vacancy
−$12.7K −$1.84/SF
EGI
$121.0K $17.54/SF
− OpEx
−$36.3K −$5.26/SF
NOI
$84.7K $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%
$1,694,260
Cap Rate 7%
$1,210,186
Cap Rate 9%
$941,256
Alternative Uses
Best Use
Multifamily LT 5
$1.21M
$1.06M – $1.41M
NOI $84,713 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$1.12M
$981.1K – $1.31M
NOI $78,488 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$1.59M
$1.39M – $1.86M
NOI $111,553 @ 7.0% cap · market cap 9.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
743
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Two residential buildings offer garage parking, radiant heat, and shared coin-operated laundry for residents.
Where is this quadplex located?
The property is located at 338 E 200 S Clearfield, UT.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Two fourplex buildings with 8 total units; 6,900 square feet across the property; 100% occupied at the time of listing
