2227 QUINCY Ave Ogden, UT 84401
MULTI_FAMILY - Other - Ogden, UT
Property Features for 2227 QUINCY Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 2
- Parking
- 4
- Parking features
- Covered
- Standard status
- Active
- APN
- 01-063-0069
- Size
- 2,868 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2045
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
Building Details
- Year built
- 1915
- Number of units
- 2
- Flooring type
- Vinyl
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Robert Matasic (801) 393-2733
Listing office PPC Residential Division 917 Country Hills Dr Ste 1, South Ogden, UT (801) 393-2733
Listing date May 29, 2026
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Investment Insights
Based on property information with market context.
The property includes three separate gas and electric meters and a third entrance into the basement, which may support additional living or unit flexibility. The front 2-bedroom unit is currently rented through October 2026, while the back 1-bedroom unit is vacant and available.
Zoned for multi-family use, this is a straightforward income-producing duplex with a configuration designed to support separate utility management and potential expanded space via the basement entrance.
Key Highlights
- Duplex with front 2‑bedroom unit rented through October 2026 for $1,500/month and back 1‑bedroom unit listed at $950/month (vacant).
- Extensive capital improvements completed around 2020: new electrical, plumbing, roof, windows, HVAC systems, and new kitchens and bathrooms.
- Kitchens and bathrooms updated with granite countertops, subway tile backsplash, and stainless‑steel appliances.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.7k | $15.60 |
| − Vacancy | −$4.3k | −$1.48 |
| EGI | $40.5k | $14.12 |
| − OpEx | −$12.1k | −$4.24 |
| NOI | $28.3k | $9.88 |
