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38 E CENTER ST, Ephraim, UT — photo 11 / 32
Single Family

$449,000

38 E CENTER ST, Ephraim, UT 84627

Type

SFR

List Price

$449,000

Price/Sqft

$308

Est Gross Yield

4.4%

$19,596/yr est.

Property Details

Property typeSingle Family
Year built1872
Total units1
Living area1,460 sqft
Bedrooms3
Bathrooms2
Lot size0.12 acres
Parking4 spaces
Days on market1
Listed2026-10-02T00:00:00+00:00

Description

This historic property was the original Ephraim City Hall & Jail. Built in 1872 and crafted with the same oolite limestone used in the construction of the Manti Temple, one feels like you are stepping back to the Wild West. A winding metal staircase connects three levels. From the warden's loft up top, to the living hall, kitchen, and bunk bedroom on the main floor, to the downstairs walkout basement. The basement houses a prison cell bedroom, bathroom, & parlor. Authentic historical artifacts throughout the property, provide a museum like experience. Tributes to Utah's frontier days and memorabilia of wilder times abound. The restoration of the jail has preserved the charm of a bygone era. The mixed-use zoning allows you to begin your Southwestern dream life as a homeowner or enables you to take advantage of a turn-key AirBnB business opportunity to share a piece of history with settler visitors from near or far. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.

Listed by J. Paul Reeb · Reeb Brokerage, LLC

Location

38 E CENTER ST, Ephraim, UT 84627

Proforma

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Cap Rate

2.90%

Cash-on-Cash

-4.73%

Cash Flow

-$664/mo

Purchase Price$449,000
Down Payment35% ($157,150)
Interest Rate6.00%
Monthly Rent$1,633/mo
Vacancy5%
Expense Ratio30% ($5,585)

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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 10/3/2026, 12:06:44 AM. 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.