102 East Richelman Lane

8
Baths
8,704 Sq. Ft.
$253 / Sq. Ft.
8,704
Sq. Ft.
$253
per Sq. Ft.

Description

Excellent multi-family investment opportunity situated on 1.60 (parcel 1b-231-12 & 1b-231-11) acres 16 units total in Wellington. This well-maintained property offers strong rental income with room for long-term appreciation. Each unit rents for $850 per month Tenants pay $110 per month in utility reimbursement to the owner's property manager for Wellington City utilities (water & garbage) Tenants place Rocky Mountain Power and Enbridge Gas in their own names, reducing owner utility exposure. Newer...Excellent multi-family investment opportunity situated on 1.60 (parcel 1b-231-12 & 1b-231-11) acres 16 units total in Wellington. This well-maintained property offers strong rental income with room for long-term appreciation. Each unit rents for $850 per month Tenants pay $110 per month in utility reimbursement to the owner's property manager for Wellington City utilities (water & garbage) Tenants place Rocky Mountain Power and Enbridge Gas in their own names, reducing owner utility exposure. Newer stucco exterior and asphalt driveway. 8 units have received updates within the past 3 years, including: 8 Central Air Units New carpet, Fresh interior paint, Updated cabinets (in select units). Washer and dryers are tenant-owned. 4 video walkthroughs of different units available upon request. Please do not disturb the tenants. This property presents a solid opportunity for investors seeking stabilized cash flow with improved exterior and interior updates already completed. Square footage figures are provided as a courtesy estimate only and were obtained from Carbon County . Buyer is advised to obtain an independent measurement.
  1. Listed by Carla Saccomano • Brokerage DRE #5478091 • RE/MAX Bridge Realty
    P: (435)-637-7900
  2. Listed by Bailey D Saccomano • Brokerage DRE #5478091 • RE/MAX Bridge Realty
    P: (435)-637-7900

Property Details for 102 East Richelman Lane

Subdivision Name
RIVERBEND SUBDIVISION
Zoning
Multi-Family
Has Waterfront
No
Architectural Style
Up And Down
Has View
No
Senior Community
No
LISTING UPDATED: 05/12/2026 02:39 PM

Property Details for 102 East Richelman Lane

StatusActive
MLS #2137753
Days on Market106
Taxes$2,340 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential / > 4 Units
Year Built1973
Lot Size1.60 AC / 69,696 SF
CountyCarbon County

Location

Listing Courtesy of RE/MAX Bridge Realty
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Building Information for 102 East Richelman Lane

Stories-Residences16Year Built1973Building Size-Lot Size1.60 AC / 69,696 SF

Payment Calculator

$11,158 per month

30 year fixed, 6.36% Interest

Principal and Interest

$10,963

Property Taxes

$195

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 102 East Richelman Lane

Summary
Location and General Information
  • Cross Street: 250
  • County Or Parish: Carbon
  • MLS Area Major: Wellington; East Wellington
Taxes and HOA
  • Tax Annual Amount: $2,340.00
  • Parcel Number: 1B-0231-0012
  • Association: No
School Information
  • Elementary School: Wellington
  • Elementary School District: Carbon
  • High School: Carbon
  • High School District: Carbon
  • Middle Or Junior School: Mont Harmon
  • Middle Or Junior School District: Carbon
Parking
  • Parking Total: 16.0
  • Open Parking Spaces: 16.0
  • RV Parking Dimensions: 0.00
  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Open Parking: Yes
  • Parking Features: Parking: Uncovered, Rv Parking
Property
Lot Information
  • Lot Size Acres: 1.6
  • Lot Size Square Feet: 69696.0
  • Lot Size Area: 1.6
  • Frontage Length: 0.0
  • Lot Size Dimensions: 0.0x0.0x0.0
  • Lot Size Units: Acres
Property and Assessments
  • Living Area: 8704.0
  • Building Area Total: 8704.0
  • Year Built: 1973
  • New Construction: No
  • Living Area Units: Square Feet
  • Property Sub Type: > 4 Units
  • Property Type: Residential
  • Property Condition: Blt./Standing
  • Current Use: Residential
  • Const Status: Blt./Standing
Building Features
  • Property Attached: No
  • Accessibility Features: Accessible Electrical and Environmental Controls
  • Construction Materials: Stucco
Farm Information
  • Horse: No
  • Other Equipment: Dog Run
Utilities
  • Sewer: Sewer: Connected
  • Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Culinary
Interior and Exterior Features
Exterior Features
  • Has Private Pool: No
  • Exterior Features: Lighting
  • Roof: Asphalt
Interior Features
  • Total Bathrooms: 8
  • Total Bedrooms: 24
  • Has Cooling: No
  • Has Fireplace: No
  • Has Heating: Yes
  • Has Spa: No
  • Flooring: Carpet, Linoleum, Vinyl
  • Heating: Forced Air, Gas: Central
  • Laundry Features: Electric Dryer Hookup
Unit Information
Unit 1
  • Actual Rent: $850.00
  • Beds Total: 3
  • Baths Total: 1
  • Description: Square Feet: 1088
Unit 2
  • Actual Rent: $850.00
  • Beds Total: 3
  • Baths Total: 1
  • Description: Square Feet: 1008
Unit 3
  • Actual Rent: $850.00
  • Beds Total: 3
  • Baths Total: 1
  • Description: Square Feet: 1008
Unit 4
  • Actual Rent: $850.00
  • Beds Total: 3
  • Baths Total: 1
  • Description: Square Feet: 1008
Multi Family
Multi Family Information
  • Number Of Units Total: 16
Rental
Rent Information
  • Lease Considered: No
  • Short Term Rental: No

Property History for 102 East Richelman Lane

DateEvent & SourcePriceAppreciation
Feb 16, 2026

Listed (Active)

Utah Real Estate (RESO) #2137753

$2,200,000—
Apr 12, 2021

Sold

Utah Real Estate (RESO) #1732056

—
Mar 30, 2021

Contract Signed

Utah Real Estate (RESO) #1732056

—
DateEvent & SourcePrice
02/16/2026

Listed (Active)

Utah Real Estate (RESO) #2137753

$2,200,000
04/12/2021

Sold

Utah Real Estate (RESO) #1732056

—
03/30/2021

Contract Signed

Utah Real Estate (RESO) #1732056

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 102 East Richelman Lane

Taxable ValueLand$10,806Additions$329,164Total$339,970
Tax Record2021$2,851 ($238 / month)
Home Facts
Beds0Total Finished SqFt2,176 SqFtAbove Grade Finished SqFt2,176 SqFtLot Size34,848 SqFtStyleSingle Family ResidenceYear Built1973CountyCARBONAPN1B-0231-0012

Schools near 102 East Richelman Lane

This home is within Carbon District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Creekview School
PublicPK to 5

Mont Harmon Jr High School
Public6 to 8

Carbon High School
Public9 to 12

Castle Country Youth Center (YIC)
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

102 East Richelman Lane is a multi-family home for sale in Wellington, UT 84542. This property was listed for sale on February 16, 2026 by RE/MAX Bridge Realty, it's currently listed at $2,200,000. It has been on the market for a total of 106 days and was last sold on April 12, 2021. This listing's school district is Carbon District. Nearby schools include Creekview School, Mont Harmon Jr High School and Carbon High School. 102 East Richelman Lane is a 24-bed, 8-bath, 8,704 sqft multi-family home built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Bridge Realty

Based on information from UtahRealEstate.com as of 05/12/2026 02:39 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