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1235 E GORDON AVE, Layton, UT 84040
$850,000
1235 E GORDON AVE, Layton, UT 84040
Units
4
Price/Unit
$212,500
Price/Sqft
$215
Est Gross Yield
10.2%
$86,448/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 2BR / 2BA | 4 | 2 | 2 | 990 | — |
| Total | 4 | 8 | 8 | 3,960 | — |
Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.
Description
Rare opportunity to acquire a well-maintained townhouse-style fourplex in a desirable East Layton location, with the option to purchase the adjacent fourplex for a combined total of 8 units (see MLS #2175574). Each unit features 2 bedrooms, 1.5 bathrooms, washer and dryer hookups, central heating, and evaporative (swamp) cooling. Townhouse-style construction provides added privacy with no units above or below. Each unit includes a covered carport and a private storage shed. Several units have been updated with laminate flooring and new tub/shower surrounds. Current monthly rental income is $5,095, with rents of $1,350, $1,300, $1,250, and $1,195. Tenants pay their own gas and electricity, while the owner pays water, sewer, and trash. Conveniently located with easy access to Highway 89, shopping, schools, and major employers, this property offers stable in-place income and the rare opportunity to expand into an eight-unit portfolio in one of Layton's most desirable rental markets. Square footage figures are provided as a courtesy estimate only and were obtained from the county records. Buyer is advised to obtain an independent measurement.
Listed by Joshua Spackman · Rock Canyon Real Estate LLC
Location
1235 E GORDON AVE, Layton, UT 84040
Proforma
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Cap Rate
6.76%
Cash-on-Cash
5.56%
Cash Flow
$1,478/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/26/2026, 11:49:07 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.