For sale MLS# 2185729 · 42 days on the market
$3,820,000
It starts with a call with an agent.
121 W 900 N, Logan, UT 84321
About this home
Rare 20-Unit Portfolio Opportunity to acquire a five-building fourplex portfolio (20 units total) on 1.09 combined acres in one of Logan, Utah's most sought-after rental markets. Rarely does a package of this scale become available in this submarket; an ideal opportunity for investors looking to grow their multifamily footprint with a single transaction. Investment Highlights: Projected 6.1% cap rate; with additional upside from on-site coin laundry income not factored into the calculation. Tenant-paid utilities (electric, gas, cable/internet) keep owner operating expenses lean and predictable. Built-in income upside; the on-site coin laundry offers a low-maintenance, easily scalable secondary revenue stream. Strong, consistent unit mix; all 20 units are townhome-style condominiums with desirable two-level layouts (2 bed/1 bath, ~888 sq ft), a floor plan that consistently attracts long-term tenants (buyer to verify square footage). Recent Capital Improvements: This portfolio has been well-maintained with major systems already updated; reducing near-term capital expenditures for the next owner: New roofs, all units (2018) New double-pane windows, all units (2023) New exterior paint, all units (2024) Property & Setting: Set among mature, established trees, the grounds offer a level of curb appeal that's hard to replicate in new construction; giving the property a lived-in, established neighborhood feel that tenants value. Parcels Included: 05-047-0051, 05-047-0052, 05-047-0053, 05-047-0054, 05-047-0056
Written by the listing agent.
Location
Living in Logan
Logan is the county seat of Cache County in northern Utah, situated on the Logan River about 82 miles north of Salt Lake City and home to the main campus of Utah State University.
- 52,778 residents (2020)
- 12 named trails
- 35 named parks
Monthly payment
- Principal & interest
- $21,168
- Property tax
- $1,263
- Home insurance
- $110
10% down ($382,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Style
- Stories: 2
- Lot
- 1.09 acres
- Parking
- Parking: Uncovered
- Heating
- Forced Air, Gas: Central
- Flooring
- Carpet, Linoleum
- Roof
- Asphalt
See all 13 details
- Construction
- Clapboard
- Water
- Culinary
- Sewer
- Sewer: Connected, Sewer: Public
- County
- Cache
- Faces
- South
- Zoning
- Multi-Family
- Terms
- Assumable, Cash, Conventional
- Fenced: Part
- Road: Paved
- Sidewalks
- Sprinkler: Auto-Full
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Sewer: Public
- Water Connected
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Logan
Listing courtesy of Equity Real Estate (Bear River) / Chris Nielsen. Based on information from UtahRealEstate.com as of 10/8/2026 2:46 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy.