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732 E 1000 S, Clearfield UT 84015 732 E 1000 S 2 Unit Apartment Building $711,551 CAD ($355,775 CAD/Unit) 6.88% Cap Rate Clearfield, UT 84015
Investment Highlights
- 2 Separate Private Yards
Executive Summary
**Seller Offering $5100 concession for rate buy-down. Property qualifies for DSCR Loan**
Don't miss this versatile duplex located in the heart of Clearfield-perfect for investors or owner-occupants looking to offset their mortgage with rental income. One of the most unique features of this property is the exceptionally quiet backyard setting-no rear neighbors, offering added privacy and peaceful surroundings. Each unit includes its own fully fenced yard, providing separation and outdoor space that tenants and homeowners alike will appreciate. Conveniently located less than 3 miles from Hill Air Force Base, making it an attractive option for military and civilian renters alike. Recent Upgrades Include: Unit B fully remodeled (2024); New roof (April 2024); New porch (2024); New sewer line (2025) This property is ideal for Investors seeking steady rental income OR first-time homebuyers looking to live in one unit while using rental income from the second unit to help qualify for financing and reduce monthly costs. MLS # 2144967
Don't miss this versatile duplex located in the heart of Clearfield-perfect for investors or owner-occupants looking to offset their mortgage with rental income. One of the most unique features of this property is the exceptionally quiet backyard setting-no rear neighbors, offering added privacy and peaceful surroundings. Each unit includes its own fully fenced yard, providing separation and outdoor space that tenants and homeowners alike will appreciate. Conveniently located less than 3 miles from Hill Air Force Base, making it an attractive option for military and civilian renters alike. Recent Upgrades Include: Unit B fully remodeled (2024); New roof (April 2024); New porch (2024); New sewer line (2025) This property is ideal for Investors seeking steady rental income OR first-time homebuyers looking to live in one unit while using rental income from the second unit to help qualify for financing and reduce monthly costs. MLS # 2144967
Data Room Click Here to Access
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$42,438
|
$21.05
|
| Other Income |
$3,037
|
$1.51
|
| Vacancy Loss |
$1,953
|
$0.97
|
| Effective Gross Income |
$43,522
|
$21.59
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$7,976
|
$3.96
|
| Net Operating Income |
$35,546
|
$17.63
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $42,438 |
| Annual Per SF | $21.05 |
| Other Income (CAD) | |
|---|---|
| Annual | $3,037 |
| Annual Per SF | $1.51 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $1,953 |
| Annual Per SF | $0.97 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $43,522 |
| Annual Per SF | $21.59 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $7,976 |
| Annual Per SF | $3.96 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $35,546 |
| Annual Per SF | $17.63 |
Property Facts
| Price | $711,551 CAD | Building Class | C |
| Price Per Unit | $355,775 CAD | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 2,016 SF |
| Cap Rate | 6.88% | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1942/2024 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Garden | ||
| Zoning | Duplex Zoning - Duplex Zoning | ||
| Price | $711,551 CAD |
| Price Per Unit | $355,775 CAD |
| Sale Type | Investment |
| Cap Rate | 6.88% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 2,016 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1942/2024 |
| Opportunity Zone |
Yes |
| Zoning | Duplex Zoning - Duplex Zoning |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Washer/Dryer Hookup
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Range
- Tub/Shower
- Yard
- Family Room
- Lawn
Site Amenities
- Pet Play Area
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | $2,494 CAD | 1,066 |
| 2+1 | 1 | $1,709 CAD | 950 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Good public transit
60/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 12-070-0026 | Improvements Assessment | $183,831 CAD |
| Land Assessment | $103,271 CAD | Total Assessment | $287,102 CAD |
Property Taxes
Parcel Number
12-070-0026
Land Assessment
$103,271 CAD
Improvements Assessment
$183,831 CAD
Total Assessment
$287,102 CAD
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732 E 1000 S, Clearfield UT 84015 | 732 E 1000 S
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