263 W Center St Logan, UT 84321
Ellis NeighborhoodEstimated payment $5,790/month
Highlights
- Building Security
- Private Lot
- Balcony
- Mature Trees
- No HOA
- Double Pane Windows
About This Home
Prime Investment Opportunity in Historic Downtown Logan! Located on Center Street in the heart of Logan, this fully leased six-plex is a rare find for investors looking for strong cash flow, long-term stability, and future income potential. With 100% occupancy, an excellent rental history, and over a decade of solid financials, this property delivers consistent income from day one. Each of the six spacious one-bedroom units features a family room, kitchen, and bathroom, offering comfortable living that keeps tenants happy and retention strong. Tenants also enjoy a shared coin-operated laundry facility and plentiful off-street parking, a major bonus in the downtown area and a huge draw for renters. One of the standout features is the additional land behind the six-plex, offering exciting potential for future income. This space could be utilized for tenant storage units, secured storage, or other creative income-producing uses, adding another layer of value and opportunity for the next owner. The property has been thoughtfully updated, saving you from costly capital improvements often associated with historic buildings. Recent upgrades include a newer roof (approximately 34 years old), updated electrical, fresh flooring, and newly painted kitchen cabinetry. All units include ranges and refrigerators. The owner covers gas while tenants pay remaining utilities, keeping operations simple and efficient. With its unbeatable downtown location, ample parking, expansion potential, modern updates, and proven financial performance, this six-plex is a true turnkey investment with room to grow. Opportunities like this don't come along often. Buyer to verify all information.
Listing Agent
Berkshire Hathaway Home Services Utah Properties (Cache Valley) License #10091809 Listed on: 04/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,428
Year Built
- Built in 1899
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 49.0x297.0x49.0
- South Facing Home
- Landscaped
- Private Lot
- Secluded Lot
- Sprinkler System
- Mature Trees
- Vegetable Garden
Home Design
- Asphalt Roof
- Metal Siding
- Clapboard
Interior Spaces
- 4,100 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Blinds
- Carpet
- Free-Standing Range
- Gas Dryer Hookup
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Parking
- 15 Parking Spaces
- 15 Open Parking Spaces
Outdoor Features
- Balcony
- Open Patio
Schools
- Ellis Elementary School
- Mt Logan Middle School
- Logan High School
Utilities
- No Cooling
- Radiant Heating System
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number 06-023-0006
Community Details
Overview
- No Home Owners Association
- 6 Units
Security
- Building Security
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $235 | $304,255 | $0 | $0 |
| 2023 | $2,226 | $265,755 | $0 | $0 |
| 2022 | $2,384 | $265,755 | $0 | $0 |
| 2021 | $2,165 | $372,900 | $120,000 | $252,900 |
| 2020 | $1,642 | $254,600 | $120,000 | $134,600 |
| 2019 | $1,716 | $254,600 | $120,000 | $134,600 |
| 2018 | $1,515 | $205,100 | $120,000 | $85,100 |
| 2017 | $1,490 | $106,700 | $0 | $0 |
| 2016 | $1,545 | $106,700 | $0 | $0 |
| 2015 | $1,547 | $106,700 | $0 | $0 |
| 2014 | $1,398 | $106,700 | $0 | $0 |
| 2013 | -- | $94,300 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/01/2025 12/01/25 | For Sale | $1,075,000 | 0.0% | $262 / Sq Ft |
| 11/30/2025 11/30/25 | Off Market | -- | -- | -- |
| 10/20/2025 10/20/25 | Price Changed | $1,075,000 | -3.1% | $262 / Sq Ft |
| 08/28/2025 08/28/25 | Price Changed | $1,109,000 | -3.6% | $270 / Sq Ft |
| 04/21/2025 04/21/25 | Price Changed | $1,150,000 | -4.2% | $280 / Sq Ft |
| 04/04/2025 04/04/25 | For Sale | $1,200,000 | -- | $293 / Sq Ft |
Source: UtahRealEstate.com
MLS Number: 2075141
- 189 N 300 W Unit East Room
- 94 W 100 S
- 141 W 200 N Unit 2
- 81 W 300 S
- 156 S Main St
- 695 W 200 N
- 564 S 200 W Unit 564
- 375 W 550 N Unit 2
- 271 E 300 N Unit 3
- 545 W 600 N Unit 2
- 650 S 100 E
- 600 N 200 E Unit B
- 252 W 1010 S
- 961 N 100 W
- 358 N Gateway Dr
- 267 W 1100 N Unit 3
- 870 N 600 E
- 325 E 1225 N
- 1320 N 200 E
- 1303 N 400 E