Active
24 beds8 baths8,704 sqft
102 East Richelman Lane, Wellington, UT 84542
Est: $11,981/moGet pre-approved
Multi FamilyProperty Type
1.6 acresLot Size
1973Year Built
$253/sq ftPrice per sq ft
16 carsParking Spaces

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.
17 days on Market
  • Listed by: Carla Saccomano 435.637.7900 sacc316@gmail.com Brokerage DRE #5478091 • RE/MAX Bridge Realty
  • Listed by: Bailey D Saccomano 435.637.7900 saccomanoba@gmail.com Brokerage DRE #5478091 • RE/MAX Bridge Realty
Last updated: 09/17/2026 02:46 PM • Source: Utah Real Estate (RESO), MLS#: 2185955

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Location

Listing Courtesy of RE/MAX Bridge Realty
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Payment Calculator

$11,981 per month

30 year fixed, 7.03% Interest

Principal and Interest

$11,745

Property Taxes

$236

HOA Dues

$0

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Property Information for 102 East Richelman Lane

Property Details
  • Taxes: $2,831 / year
  • MLS Type: Residential / > 4 Units
  • Subdivision Name: RIVERBEND SUBDIVISION
  • Zoning: Multi-Family
  • Has Waterfront: No
  • Architectural Style: Up And Down
  • Has View: No
  • Senior Community: No
Building Information
  • Residences: 16
  • Year Built: 1973
  • Lot Size: 1.60 AC / 69,696 SF
Summary
Location and General Information
  • Cross Street: 250
  • County Or Parish: Carbon
  • MLS Area Major: Wellington; East Wellington
Taxes and HOA
  • Tax Annual Amount: $2,831.00
  • 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
  • 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
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
Sep 17, 2026

Listed (Active)

Utah Real Estate (RESO) #2185955

$2,200,000—
Aug 17, 2026

Temporarily Off Market

Utah Real Estate (RESO) #2137753

—
Feb 16, 2026

Listed (Active)

Utah Real Estate (RESO) #2137753

$2,200,000—
DateEvent & SourcePrice
09/17/2026

Listed (Active)

Utah Real Estate (RESO) #2185955

$2,200,000
08/17/2026

Temporarily Off Market

Utah Real Estate (RESO) #2137753

—
02/16/2026

Listed (Active)

Utah Real Estate (RESO) #2137753

$2,200,000

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 Middle 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 September 17, 2026 by RE/MAX Bridge Realty, it's currently listed at $2,200,000. It has been on the market for a total of 17 days and was last sold on April 12, 2021. This listing's school district is Carbon District. Nearby schools include Creekview School, Mont Harmon Middle 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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Bridge Realty

Based on information from UtahRealEstate.com as of 09/17/2026 02:46 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