Duplex with Attached
For Sale
$320,000
329 8TH St, Ogden, UT 84404
Residential, Ogden, UT
Property Size2,244 SF
Lot Size0.12 Acres
Price / SF$142.60
Days on Market36
Property Features for 329 8TH St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 3
Parking
4
Elementary school
Bonneville
Middle school
Highland
High school
Ben Lomond
Elementary school district
Ogden
Middle school district
Ogden
High school district
Ogden
Subdivision
Ogdn; FarrW; Hrsvl; Pln Cty.
Standard status
Active
APN
12-087-0007
Size
2,244 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
2807
Utilities
Heating system
Central, Natural Gas
Building Details
Year built
1931
Floors in Building
2
Number of units
2
Architectural style
Other
Listing Agency:
KW Success Keller Williams Realty (Layton)
(801) 866-1934
Listed By:
Ana Sanchez
(385) 368-3290
Added: Jul 22
Changed: Aug 25
Last Checked: Aug 26 at 11:06PM
MLS# 2180784
Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,244-square-foot duplex property includes an attached accessory dwelling unit with its own entrance, one bedroom, and one bathroom. The residence was built in 1931 and is offered in as-is condition, with renovation work contemplated in the property information.
The 0.12-acre property is in Ogden near downtown, shopping, dining, and other local amenities. The separate-entry ADU provides additional enclosed space within the overall residential configuration. Information regarding square footage, zoning, ADU status, permitted use, and potential rental or income use is subject to buyer and buyer’s agent verification.
The 0.12-acre property is in Ogden near downtown, shopping, dining, and other local amenities. The separate-entry ADU provides additional enclosed space within the overall residential configuration. Information regarding square footage, zoning, ADU status, permitted use, and potential rental or income use is subject to buyer and buyer’s agent verification.
Key Highlights
- Attached 1‑bedroom, 1‑bath accessory dwelling unit
- Separate entrance for the attached ADU
- 2,244 square feet on 0.12 acres
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,177
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$443,540
$443.5K
Cap Rate 7%
$316,814
$316.8K
Cap Rate 9%
$246,411
$246.4K
Market Conditions
NOI Build-Up for 2,244 SF
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.
Gross rent
$35.0K $15.60/SF
− Vacancy
−$3.3K −$1.48/SF
EGI
$31.7K $14.12/SF
− OpEx
−$9.5K −$4.24/SF
NOI
$22.2K $9.88/SF
Area
Weber County, UT
Vacancy
9.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$443,540
Cap Rate 7%
$316,814
Cap Rate 9%
$246,411
Alternative Uses
Best Use
Multifamily LT 5
$316.8K
$277.2K – $369.6K
NOI $22,177 @ 7.0% cap · market cap 6.93%
Second Best
Apartment 5plus
$276.1K
$241.6K – $322.1K
NOI $19,328 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$517.6K
$452.9K – $603.8K
NOI $36,229 @ 7.0% cap · market cap 11.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
658
Businesses Nearby
Explore this area
Business Placement
Demographics for 84404, UT
66,382
Population
23,907
Households
2.8
Avg Household Size
32
Median Age
22%
College-Educated
89%
High-School Grad
96.3 sq mi
ZIP Area
689
Density / Sq Mi
$81,917
Median Household Income
$42,844
Median Earnings
$1,304
Median Rent
$352,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Attached accessory dwelling unit has a separate entrance, one bedroom, and one bath.
Where is this duplex located?
The property is located at 329 8TH St Ogden, UT.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Attached 1‑bedroom, 1‑bath accessory dwelling unit; Separate entrance for the attached ADU; 2,244 square feet on 0.12 acres
