263 CENTER, Logan, UT 84321
6BD/—BA Residential in Logan, UT 84321. 4,100 sqft. Built 1899. Listed at $1,075,000. MLS #2075141.
6BD/—BA Residential in Logan, UT 84321. 4,100 sqft. Built 1899. Listed at $1,075,000. MLS #2075141.
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.
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 2
County
Cache
Zoning
Multi-Family
Construction
Metal Siding,Clapboard
Lot Size
0.34 sq ft
Condition
Blt./Standing
MLS #
2075141
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 2
County
Cache
Zoning
Multi-Family
Construction
Metal Siding,Clapboard
Lot Size
0.34 sq ft
Condition
Blt./Standing
MLS #
2075141
List Price
$1,075,000
Original Price
$1,200,000
Annual Taxes
$2,428
Home Warranty
No
List Price
$1,075,000
Original Price
$1,200,000
Annual Taxes
$2,428
Home Warranty
No
Heating
Gas: Radiant
Roof
Asphalt
Flooring
Carpet
Materials
Metal Siding,Clapboard
Laundry
Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Radiant
Roof
Asphalt
Flooring
Carpet
Materials
Metal Siding,Clapboard
Laundry
Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
15
Covered Spaces
0
Total Parking
15
Why this is a deal
Classification
Standard
Deal Score
95/100
vs Market Median
3% above
Price Reduced
10.4%
Area Growth (YoY)
10.2%
Deal Score Breakdown
95/100 · 2 qualifying signals
10.2% year-over-year ZHVI growth in this area
10% price reduction from original list — seller may be motivated
Priced 3% above the per-subtype city median
STR net cashflow -$3,156/mo (-45.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$65,762/yr
$151/night · 49% occupancy · $115/bedroom · $0.18/sqft
Net Monthly Cash Flow
−$3,156 /mo (−$37,876/yr)
Monthly STR income
Monthly ownership cost
Coverage
78%
Net /mo
−$3,156
DSCR
0.72
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$396,000
+171% vs median
77 days
138
$205,000 – $2,300,000
$2,428
Moderate
9.9
per 1,000
18.3
per 1,000
13.7
per 1,000
41.9
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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