Four-Unit Multifamily
For Sale
$874,999
67 N 200 E, Tremonton, UT 84337
Residential, Tremonton, UT
Property Size5,058 SF
Lot Size0.16 Acres
Price / SF$172.99
Days on Market21
Property Features for 67 N 200 E
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
Multi-Family
Bedrooms
12
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 12, Bedroom 11, Bedroom 7, Bedroom 8, Bathroom 2, Bedroom 3, Bedroom 6, Bedroom 9, Bedroom 5, Bathroom 4, Bathroom 6, Bedroom 2, Bathroom 1, Bathroom 7, Bathroom 5, Bedroom 10, Bathroom 3, Bedroom 4, Bedroom 1
Parking
4
Parking features
Covered
Window features
Blinds, Drapes
Interior features
Closet: Walk-In, Kitchen: Updated, Range/Oven: Built-In, Granite Countertops
Exterior features
Lighting
Lot features
Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, View: Mountain
Elementary school
North Park
Middle school
Alice C Harris
High school
Bear River
Elementary school district
Box Elder
Middle school district
Box Elder
High school district
Box Elder
Subdivision
Trmntn; Thtchr; Hnyvl; Dwyvl
Standard status
Active
APN
05-170-0035
Size
5,058 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
3603
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Amenities
air conditioning
Building Details
Year built
1918
Number of units
4
Flooring type
Laminate, Carpet
Building materials
Aluminum, Stucco
Roof type
Aluminum, Asphalt
Architectural style
Other
Listing Agency:
Fusion Realty Group LLC
(385) 438-7500
Listed By:
Joshua Thorpe
(801) 547-1000
Added: Sep 2
Changed: Sep 18
Last Checked: Sep 22 at 7:06PM
MLS# 2185792
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 Multi-Family property at 67 N 200 E comprises two side-by-side duplex structures with four units totaling approximately 5,058 square feet on a 0.16-acre parcel. Two units were constructed in 2021, while the other two underwent comprehensive remodeling in 2025. Each unit has air conditioning, and the interiors include updated kitchens, granite countertops, built-in ranges, laminate or carpet flooring, and walk-in closets. Unit sizes range from approximately 473 to 1,765 square feet.
Three units are occupied, while the fourth is available for lease-up or owner occupancy. Separate gas and power meters, public sewer, four covered parking spaces, and no HOA support straightforward property operations. The property is zoned Multi-Family and includes a roof completed in 2025. Located in Tremonton, the property is near shopping, services, and regional transportation access.
Three units are occupied, while the fourth is available for lease-up or owner occupancy. Separate gas and power meters, public sewer, four covered parking spaces, and no HOA support straightforward property operations. The property is zoned Multi-Family and includes a roof completed in 2025. Located in Tremonton, the property is near shopping, services, and regional transportation access.
Key Highlights
- Four units in two duplex structures totaling approximately 5,058 square feet
- Two units built in 2021; two additional units comprehensively remodeled in 2025
- Unit sizes range from approximately 473 to 1,765 square feet
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
$49,933
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
5.71%
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%
$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
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
$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 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%
$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
NOI $49,933 @ 7.0% cap · market cap 5.71%
Second Best
Apartment 5plus
$656.9K
$574.8K – $766.4K
NOI $45,981 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,946 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
456
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Two adjoining duplex buildings combine updated interiors, separate utility meters, and covered parking.
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 $874,999.
What are key features of this property?
This property features: Four units in two duplex structures totaling approximately 5,058 square feet; Two units built in 2021; two additional units comprehensively remodeled in 2025; Unit sizes range from approximately 473 to 1,765 square feet
