Remodeled 4-Unit
For Sale
$1,095,000
77 N MAIN ST W, Pleasant Grove, UT 84062
Recently updated multifamily property with four residential units and modern finishes.
Property Size4,631 SF
Price / SF$236.45
Days on Market64
Property Features for 77 N MAIN ST W
General Information
Standard status
Active
Size
4,631 SF
Property subtype
Quadruplex
Additional Details
Multifamily Units
4
Building Details
Building Size
4,631 SF
Year Built
1949
Listing Agency:
REDFIN CORPORATION
(801) 613-7062
Listed By:
Daniel Lopez · License #9852622-SA00
(505) 231-7800
Source:
Liftrealty
Added: Aug 5
Changed: Oct 6
Last Checked: Oct 5 at 6:24PM
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 REDFIN CORPORATION
Investment Insights
Based on property information with market context.
This four-unit multifamily property contains 4,631 square feet and was built in 1949. Recent remodeling introduced modern finishes across the property, supporting a refreshed residential presentation and current rental use.
The quadplex is located at 77 N Main St W in Pleasant Grove, Utah. Its four-unit configuration provides a defined income-property format within an established residential setting.
The quadplex is located at 77 N Main St W in Pleasant Grove, Utah. Its four-unit configuration provides a defined income-property format within an established residential setting.
Key Highlights
- Four‑unit quadplex configuration
- 4,631 square feet of building area
- Recently remodeled with modern finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,722
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$854,440
$854.4K
Cap Rate 7%
$610,314
$610.3K
Cap Rate 9%
$474,689
$474.7K
Market Conditions
NOI Build-Up for 4,631 SF
Gross rent
$63.9K $13.80/SF
− Vacancy
−$2.9K −$0.62/SF
EGI
$61.0K $13.18/SF
− OpEx
−$18.3K −$3.95/SF
NOI
$42.7K $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 Rate 5%
$854,440
Cap Rate 7%
$610,314
Cap Rate 9%
$474,689
Alternative Uses
Best Use
Multifamily LT 5
$610.3K
$534.0K – $712.0K
NOI $42,722 @ 7.0% cap · market cap 3.90%
Second Best
Apartment 5plus
$561.2K
$491.0K – $654.7K
NOI $39,282 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,360 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
910
Businesses Nearby
Explore this area
Business Placement
Demographics for 84062, UT
47,771
Population
14,649
Households
3.3
Avg Household Size
28
Median Age
43%
College-Educated
96%
High-School Grad
50.7 sq mi
ZIP Area
942
Density / Sq Mi
$101,584
Median Household Income
$41,079
Median Earnings
$1,617
Median Rent
$479,800
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?
Quadplex - Recently updated multifamily property with four residential units and modern finishes.
Where is this quadplex located?
The property is located at 77 N MAIN ST W Pleasant Grove, UT.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Four‑unit quadplex configuration; 4,631 square feet of building area; Recently remodeled with modern finishes
