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Single FamilyADU Potential

$415,000

490 N STATE ST, Mt Pleasant, UT 84647

Type

SFR

List Price

$415,000

Price/Sqft

$140

Est Gross Yield

5.0%

$20,760/yr est.

Property Details

Property typeSingle Family
Year built1914
Total units1
Living area2,957 sqft
Bedrooms5
Bathrooms3
Lot size0.58 acres
Parking3 spaces
Days on market0
Listed2026-10-19T00:00:00+00:00

Description

Charming Starter Home with Rental Potential in a Prime Mount Pleasant Location. This adorable single-family home is the kind of opportunity that doesn't sit on the market long. Whether you're a first-time buyer looking for a place to call your own, or an investor eyeing a built-in rental unit, this property delivers both. A separate basement entrance opens the door to serious versatility. Rent it out for extra income, set up a mother-in-law suite, or keep it as extra living space. Cozy, well-kept, and full of character, this home is move-in ready and priced to move fast. Sitting just steps from State Street, Mount Pleasant's busiest thoroughfare, you get small-town charm with big-time visibility and convenience. Investors and developers, take note: this home is one of three adjoining properties being offered together, and the combined parcels may be worth exploring as a multi-family development. Buyers are encouraged to do their own due diligence regarding zoning, utilities, and development potential. Homes with this kind of flexibility and location don't come around often. Call today to schedule your private tour before someone else beats you to it. Must be purchased with MLS #'s #2187923 and 2187918

Listed by Coletyn Curtis · Real Broker, LLC

Location

490 N STATE ST, Mt Pleasant, UT 84647

Proforma

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Cap Rate

3.33%

Cash-on-Cash

-3.60%

Cash Flow

-$467/mo

Purchase Price$415,000
Down Payment35% ($145,250)
Interest Rate6.00%
Monthly Rent$1,730/mo
Vacancy5%
Expense Ratio30% ($5,917)

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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 10/19/2026, 5:34:48 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.