1652 MAIN, Layton, UT 84041
42BD/—BA Residential in Layton, UT 84041. 29,366 sqft. Built 2025. Listed at $10,200,000. MLS #2158347.
42BD/—BA Residential in Layton, UT 84041. 29,366 sqft. Built 2025. Listed at $10,200,000. MLS #2158347.
Exceptional investment opportunity in the heart of Layton, Utah, on bustling Main Street! This 30-unit apartment community features a well-balanced mix of 12 spacious 2-bedroom, 2-bath units, 18 efficient 1-bedroom, 1-bath units, 2 ADA-accessible units, and 2 units with dedicated office space-ideal for remote workers or small business tenants. The property also offers 11 storage units, providing added convenience and revenue potential (shown as basement on listing). All units will include range, microwave, dishwasher and laundry hookups. Prime commercial spaces available within the 30-unit apartment community on Main Street, Layton, Utah! These highly visible, well-located spaces offer excellent exposure to residents and street traffic alike. Main Level: 1,313 sq. ft. ideal for retail, office, or service-oriented business. Upper East Suite: 715 sq. ft. flexible office or professional use. Upper West Suite: 596 sq. ft. perfect for small office, studio, or boutique use. Total Sq ft of the Residential including patios and decks 26,355, Storage Units 387 sq ft and Commercial 2,624 for a total sq ft of 29,366. Strategically located near shopping, dining, entertainment, and major commuting routes, this property attracts a diverse and stable tenant base. With strong rental demand in a growing market, this community offers excellent cash flow, long-term appreciation, and value-add opportunities. anticipate August move in ready for Tenants. Turn-key management ready, this is a rare chance to own a high-performing multifamily asset in one of Utah's most vibrant neighborhoods. Multiple revenue streams (residential + commercial + storage) Proximity to Hill Air Force Base (within 3 miles) a major driver of stable, long-term rental demand Located near retail, dining, entertainment, and key commuter routes Positioned in a high-growth submarket with strong absorption rates Turn-key, management-ready asset. Lease-Up & Income Potential, Projected tenant occupancy: August, Revenue begins upon lease-up, offering near-term cash flow stabilization, Ideal for investors seeking: Strong yield potential, Long-term appreciation Value-add upside through rent optimization and commercial leasing with Revenue this year. New Building - Low Cost maintenance, Strong demographic neighborhood inquire today for your private showing and more information, sellers anticipate August tenancy move-in.
Property Type
Residential
Property Style
> 4 Units
Subdivision
ANTELOPE RIDGE APARTMENTS
County
Davis
Zoning
Multi-Family
Construction
Frame,Clapboard
Lot Size
0.67 sq ft
MLS #
2158347
Property Type
Residential
Property Style
> 4 Units
Subdivision
ANTELOPE RIDGE APARTMENTS
County
Davis
Zoning
Multi-Family
Construction
Frame,Clapboard
Lot Size
0.67 sq ft
MLS #
2158347
List Price
$10,200,000
Annual Taxes
$1
Home Warranty
No
List Price
$10,200,000
Annual Taxes
$1
Home Warranty
No
Heating
Electric,Forced Air,Heat Pump
Roof
Flat,Membrane
Flooring
Carpet
Materials
Frame,Clapboard
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Electric,Forced Air,Heat Pump
Roof
Flat,Membrane
Flooring
Carpet
Materials
Frame,Clapboard
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
66
Covered Spaces
0
Total Parking
66
Why this is a deal
Classification
Standard
Deal Score
62/100
vs Market Median
171% above
Area Growth (YoY)
5.6%
Deal Score Breakdown
62/100 · 1 qualifying signal
5.6% year-over-year ZHVI growth in this area
Priced 171% above the per-subtype city median
STR net cashflow -$39,107/mo (-59.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Not enough comparable listings
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Est. Annual Revenue
$448,746/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$39,108 /mo (−$469,293/yr)
Monthly STR income
Monthly ownership cost
Coverage
57%
Net /mo
−$39,107
DSCR
0.51
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$509,000
+1904% vs median
56 days
207
$214,900 – $2,500,000
$1
Moderate
9.3
per 1,000
25.7
per 1,000
9.3
per 1,000
44.4
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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