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Updated Fourplex with Covered Parking

67 N 200 E, Tremonton, UT 84337

For Sale
$849,900

Four-unit property combining newer construction, comprehensive updates, separate utility metering, and covered parking without an HOA.

Property Size5,058 SF
Price / SF$168.03
Days on Market67

Property Features for 67 N 200 E

General Information

Standard status Active
Size 5,058 SF
Total Parking Spaces 4
Property subtype Quadruplex

Additional Details

Multifamily Units 4

Amenities

air conditioning

Building Details

Building Size 5,058 SF
Year Built 1918
Buildings 2
Listing Agency: Fusion Realty Group LLC
Listed By: Joshua Thorpe
Source: Liftrealty
Added: Sep 2 Changed: Nov 6 Last Checked: Nov 6 at 9:15AM

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 Fusion Realty Group LLC

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Investment Insights

Based on property information with market context.

This fourplex at 67 N 200 E consists of two side-by-side duplex structures totaling approximately 5,058 square feet. Two units were constructed in 2021, while the other two received comprehensive remodeling in 2025. Unit sizes range from approximately 473 to 1,765 square feet, creating a varied layout across the property. All four units include air conditioning, and a new roof was completed in 2025.

Three units are occupied, with the remaining unit positioned for lease-up or owner occupancy. Separate gas and power meters serve the units, and tenants pay applicable utilities; the owner reports water expense of approximately $125 per month. The property includes four covered parking spaces and has no HOA. Shopping, services, and regional transportation access are located nearby.

Key Highlights

  • Fourplex comprising two side‑by‑side duplex structures
  • Approximately 5,058 square feet across four units
  • Two units built in 2021; two comprehensively remodeled in 2025

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$49,933
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$998,660 $998.7K
Cap Rate 7%
$713,329 $713.3K
Cap Rate 9%
$554,811 $554.8K
Market Conditions
NOI Build-Up for 5,058 SF
Gross rent
$75.9K $15.00/SF
− Vacancy
−$4.5K −$0.90/SF
EGI
$71.3K $14.10/SF
− OpEx
−$21.4K −$4.23/SF
NOI
$49.9K $9.87/SF
Area
Box Elder County, UT
Vacancy
5.98%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$998,660
Cap Rate 7%
$713,329
Cap Rate 9%
$554,811

Alternative Uses

Best Use
Multifamily LT 5
$713.3K
$624.2K – $832.2K (±1% cap)
NOI $49,933 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$656.9K
$574.8K – $766.4K (±1% cap)
NOI $45,981 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M (±1% cap)
NOI $91,946 @ 7.0% cap · market cap 10.82%
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

4
Residential units

Location Intelligence

Trade Area within ½ mile

456
Businesses Nearby

Demographics for 84337, UT

13,880
Population
5,111
Households
2.7
Avg Household Size
29
Median Age
18%
College-Educated
91%
High-School Grad
167.6 sq mi
ZIP Area
83
Density / Sq Mi
$73,854
Median Household Income
$40,120
Median Earnings
$1,116
Median Rent
$357,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property combining newer construction, comprehensive updates, separate utility metering, and covered parking without an HOA.
Where is this quadplex located?
The property is located at 67 N 200 E Tremonton, UT.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Fourplex comprising two side‑by‑side duplex structures; Approximately 5,058 square feet across four units; Two units built in 2021; two comprehensively remodeled in 2025
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