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$2,995,000
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Property Description
Beautifully Remodeled 16 Unit Apartment Complex located in a quiet Neighborhood in Logan. This multi-family apartment complex is very attractive for both tenants as well as investors because its been 100% remodeled top to bottom inside and out! This Property Never has any vacancies. Most tenants have been married students attending USU or working adults that want a brand new remodeled Apt near downtown Logan. It has 16 spacious studio apartments. Units #1-8 on the main floor and Units #9-16 are upstairs on the 2nd floor. Each apartment is the same size. The property was completely remodeled in 2019. Brand New Everything! New Plumbing, New Electrical, Outlets and Fixtures, New Insulation, New Drywall, New Paint, New Flooring, New Cabinets, New countertop & Sinks, New Fridge, New Stove & New Microwave, New Furnaces & Water Heaters, New Culture Marble shower, New Exterior Doors and Interior Doors. New Windows, New Blinds EVERYTHING is BRAND NEW on the Inside!!! Each unit rents for $1,000 which Includes Wifi. All 16 leases are all 12 month leases. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement. PLEASE DO NOT DISTURB TENANTS. 2023 - Roof was Replaced 2024 - New gutters, New soffit & Fascia. New subfloor on upper walkway for 2nd story 2024 - New paint on exterior building and railings. Fresh black top sealing for parking lot and fresh painted lines and numbers in parking lot. 2024 - Brand new Fence on south side of property. Rents are below market. Rents could be raised to $1,050 - $1,100 per month before WIFI. Just barely made it pet friendly. So tenants pay $50 per month for pet rent. Adding a Laundromat on the property could easily generate $1,000 monthly or $12,000 annually Potential to add Covered parking to increase rent income as well. Please email the Owner with questions about the property and to set up a tour to come see this beautiful investment in person.
Full Property Details
Full Property Details for 331 N 400 E
General
- Price: $2,995,000
- Taxes: $6,385
- Status: Active
- Type: Multi-Family
- Source: WFR
- MLS ID: 2077526
- Updated: 8/8/2025
- Added to Site: 279 day(s) ago
Interior
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 16
Bedrooms
- Total Bedrooms: 16
Parking
- Total Spaces: 16
- Parking Features: Parking: Uncovered
Location
- Area: Logan; Nibley; River Heights
- County: Cache
School Information
- Elem School District: Logan
- Midd School District: Logan
- High School District: Logan
- Elementary School: Adams
- Middle School: Mt Logan
- High School: Logan
Heating & Cooling
- Heating Type: Gas: Central
Utilities
- Sewer: Sewer: Connected, Sewer: Public
- Water: Culinary
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Structural Information
- Roof: Asphalt
- Windows: Blinds
- Square Feet: 7,500
- Living Area: 7,500 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1965
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.62
- Lot Size (Sq. Ft.): 27,007.2
- Lot Size: .62
- Landscape: Mature Trees
- Topography: Fenced: Part, Sprinkler: Auto-Full
- Lot Features: Fenced: Part, Sprinkler: Auto-Full
- Trees/Vegetation: Mature Trees
Financial Considerations
- Tax Amount: $6,385
- Terms: Cash, Conventional
Disclosures and Reports
- Inclusions: Microwave, Refrigerator
- Property ID: 06-046-0034
Listed by Intermountain Properties
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Schools
Schools serving 331 N 400 E
School District:Logan City School District
| Name | Grades | Distance |
|---|---|---|
Adams School, Logan, UT 415 East 500 North, Logan, UT 84321 | PK-5 | 0.3 mi |
Mount Logan Middle School 875 North 200 East, Logan, UT 84321 | 6-8 | 0.8 mi |
Logan High School 162 West 100 South, Logan, UT 84321 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 331 N 400 E
Date
Details
Price
Change
Source
8/08/2025
Price Reduced
$2,995,000
-6.41%
MLS
4/14/2025
Listed
$3,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 331 N 400 E
Year
Property Taxes
Change
Tax Assessment
Change
2025
$593
-90%
$1,394,300
—
2024
$6,122
-4%
$1,394,300
1%
2023
$6,385
-7%
$1,386,198
—
2022
$6,838
-3%
$1,386,198
14%
2021
$7,059
-9%
$1,215,986
2%
2020
$7,724
-4%
$1,197,486
—
2019
$8,073
114%
$1,197,486
134%
2018
$3,776
5%
$511,288
98%
2017
$3,609
1%
$258,445
4%
2016
$3,583
—
$247,445
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 331 N 400 E
331 N 400 E, Logan, UT 84321 (MLS# 2077526) is a Multi-Family property with 16 units containing 16 bedrooms and 0 full bathrooms. 331 N 400 E is currently listed for $2,995,000 and was received on April 14, 2025. Want to learn more about 331 N 400 E? Do you have questions about finding other Multi-Family real estate for sale in Logan? You can browse all Logan real estate or contact a Coldwell Banker agent to request more information.

