Ogden Income Property
316 E 35TH S Ogden, UT 84401
For Sale
$458,999
MULTI_FAMILY - Ogden, UT
Property Size2,700 SF
Lot Size0.17 Acres
Price / SF$169
Days on Market231
Property Features for 316 E 35TH S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- Single-Family, Multi-Fami
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 1
- Parking
- 8
- Parking features
- RV
- Exterior features
- Basement Entrance
- Standard status
- Active
- APN
- 05-118-0029
- Size
- 2,700 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2800
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
Building Details
- Year built
- 1937
- Number of units
- 3
- Flooring type
- Tile, Laminate, Carpet
- Building materials
- Stucco
- Roof type
- Asbestos Shingle
Listing Agency:
Realtypath LLC (South Valley)
(801) 386-5908
Listed By:
Ludovica Meeks
(801) 695-0336
Added: Dec 5, 2025
Changed: Jul 17
Last Checked: Jul 24 at 4:06AM
MLS# 2125904
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Investment Insights
Based on property information with market context.
This multi-family income property in Ogden, Utah, features three units, each with its own entrance. Two units are located upstairs, and one is downstairs. Each unit includes one bedroom and one bathroom. The units are large, with sizes of 940 square feet, 880 square feet, and 880 square feet, respectively, totaling 2,700 square feet on a 0.17-acre lot. The property has three gas meters and three separate electrical meters. Two furnaces were replaced in 2020, and the roof was replaced in 2019. The property is located near shopping centers, the mall, and Washington Boulevard. The zoning is Single-Family, Multi-Family. There are solid older long-term tenants.
Key Highlights
- Income property with multiple units: two upstairs units plus one downstairs unit, each with its own entrance
- Each unit is a 1 bed/1 bath; unit sizes listed as 940 SF, 880 SF, and 880 SF (total 2,700 SF, estimate)
- Three gas meters and three separate electrical meter setups
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 | $42.1k | $15.60 |
| − Vacancy | −$4.0k | −$1.48 |
| EGI | $38.1k | $14.12 |
| − OpEx | −$11.4k | −$4.24 |
| NOI | $26.7k | $9.88 |
2,700 SF · lease $15.60/SF/yr · vacancy 9.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$381.2K
$333.5K – $444.7K
NOI $26,683 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$332.2K
$290.7K – $387.6K
NOI $23,255 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$622.7K
$544.9K – $726.5K
NOI $43,591 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Multi-family property with three units near shopping centers.
Where is this triplex located?
The property is located at 316 E 35TH S Ogden, UT.
What is the asking price?
The asking price for this property is $458,999.
What are key features of this property?
This property features: Income property with multiple units: two upstairs units plus one downstairs unit, each with its own entrance; Each unit is a 1 bed/1 bath; unit sizes listed as 940 SF, 880 SF, and 880 SF (total 2,700 SF, estimate); Three gas meters and three separate electrical meter setups
