229 MAIN, Smithfield, UT 84335
37BD/—BA Residential in Smithfield, UT 84335. 17,641 sqft. Built 2022. Listed at $3,300,000. MLS #2169844.
37BD/—BA Residential in Smithfield, UT 84335. 17,641 sqft. Built 2022. Listed at $3,300,000. MLS #2169844.
Exceptional investment Opportunity! This property features two 5-unit townhome buildings that are just 4 years old and a renovated duplex totaling 12 units. Each unit includes a private two-car garage and offers an open floor plan with a spacious master suite, making it highly attractive to renters. Don't miss this rare opportunity; gems like this are hard to come by. Square footage figures are provided as a courtesy estimate only and were obtained from building plans for fiveplexes and county records for the duplex. Buyer is advised to obtain an independent measurement. Units are occupied. Showings are by appointment only due to tenant privacy. Serious inquiries only. Please submit offers with proof of funds or financing reapproval. Current rents available upon request from listing agent.
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 2
County
Cache
Zoning
Multi-Family
Lot Size
1.13 sq ft
Condition
Blt./Standing
MLS #
2169844
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 2
County
Cache
Zoning
Multi-Family
Lot Size
1.13 sq ft
Condition
Blt./Standing
MLS #
2169844
List Price
$3,300,000
Annual Taxes
$12,806
Home Warranty
No
List Price
$3,300,000
Annual Taxes
$12,806
Home Warranty
No
Heating
Gas: Central
Roof
Asphalt,Pitched
Flooring
Carpet,Vinyl
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Central
Roof
Asphalt,Pitched
Flooring
Carpet,Vinyl
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
22
Covered Spaces
22
Total Parking
32
Garage Spaces
22
Covered Spaces
22
Total Parking
32
Why this is a deal
Classification
Standard
Deal Score
80/100
vs Market Median
68% above
Area Growth (YoY)
9.0%
Deal Score Breakdown
80/100 · 1 qualifying signal
9.0% year-over-year ZHVI growth in this area
Priced 68% above the per-subtype city median
STR net cashflow -$15,884/mo (-71.3% 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
$109,872/yr
$100/night · 57% occupancy · $50/bedroom · $0.07/sqft
Net Monthly Cash Flow
−$15,883 /mo (−$190,595/yr)
Monthly STR income
Monthly ownership cost
Coverage
41%
Net /mo
−$15,884
DSCR
0.38
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$479,510
+588% vs median
78 days
83
$306,000 – $1,645,000
$12,806
Very Safe
4.6
per 1,000
3.4
per 1,000
1.2
per 1,000
9.2
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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