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263 W CENTER ST photo 11 / 29

$1,075,000

263 W CENTER ST, Logan, UT 84321

Units

6

Price/Unit

$179,167

Price/Sqft

$262

Est Gross Yield

6.5%

$70,272/yr est.

Property Details

Property typeMultifamily
Year built1899
Total units6
Living area4,100 sqft
Bedrooms6
Bathrooms6
Lot size0.34 acres
Parking15 spaces
Days on market445
Listed2025-04-04T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
1BR / 1BA111780$1,000/mo
1BR / 1BA111587$975/mo
1BR / 1BA111780$925/mo
1BR / 1BA111780$950/mo
1BR / 1BA111587$950/mo
1BR / 1BA111587$1,000/mo
Total6664,101$5,800/mo

Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.

Description

Prime Investment Opportunity in Downtown Logan! Fully leased six-plex located on Center Street offering consistent cash flow and strong rental history. Property features six one-bedroom, one-bath units, each with a family room and kitchen, providing functional and desirable living spaces. Property has maintained 100% occupancy with a stable tenant base and solid financial performance. Recent updates include newer roof (approx. 34 years), updated electrical, refreshed flooring, and painted kitchen cabinetry. Each unit includes a range and refrigerator. Tenants have access to shared coin-operated laundry and ample off-street parking-an added convenience in the downtown area. Owner currently pays gas; tenants are responsible for remaining utilities. Additional land behind the property offers potential for expanded use such as storage or other income-producing options (buyer to verify). Conveniently located near downtown amenities, shopping, dining, and public transportation. Turnkey investment opportunity with potential for future growth. Buyer to verify all information.

Listed by Amy Rupp · Berkshire Hathaway Home Services Utah Properties (Cache Valley)

Location

263 W CENTER ST, Logan, UT 84321

Proforma

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Cap Rate

4.35%

Cash-on-Cash

-0.88%

Cash Flow

-$295/mo

Purchase Price$1,075,000
Down Payment35% ($376,250)
Interest Rate6.00%
Monthly Rent$5,856/mo
Vacancy5%
Expense Ratio30% ($20,028)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/23/2026, 9:59:56 AM. 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. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.