Tenant-Occupied Duplex with
For Sale
$469,900
1045 S 1200 W #53-54, Ogden, UT 84404
Both units are leased through 10/31/2026, with HOA-covered exterior maintenance and crawl-space storage.
Property Size2,246 SF
Price / SF$209.22
Days on Market87
Property Features for 1045 S 1200 W #53-54
General Information
Standard status
Active
Size
2,246 SF
Property subtype
Multi-Family
Building Details
Year Built
2007
Listing Agency:
EXP Realty, LLC
Listed By:
Sharida Tucker
(801) 643-6218
Source:
Thehonorgrouputah
Added: Jul 20
Changed: Oct 3
Last Checked: Oct 7 at 1:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC
Investment Insights
Based on property information with market context.
This duplex includes both units, identified as 53 and 54, within a 2,246-square-foot property built in 2007. The units are currently occupied, and existing leases run through 10/31/2026. Crawl-space storage provides additional utility beyond the living areas.
The property is located at 1045 S 1200 W in Ogden, across from the IRS building and minutes from I-15. HOA services include exterior maintenance, reducing the owner’s responsibility for those components. A tenant-occupied configuration and in-place lease terms provide defined operating information for review.
The property is located at 1045 S 1200 W in Ogden, across from the IRS building and minutes from I-15. HOA services include exterior maintenance, reducing the owner’s responsibility for those components. A tenant-occupied configuration and in-place lease terms provide defined operating information for review.
Key Highlights
- Duplex includes both units 53 and 54
- 2,246 square feet; built in 2007
- Current leases extend through 10/31/2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,196
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,920
$443.9K
Cap Rate 7%
$317,086
$317.1K
Cap Rate 9%
$246,622
$246.6K
Market Conditions
NOI Build-Up for 2,246 SF
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 Rate 5%
$443,920
Cap Rate 7%
$317,086
Cap Rate 9%
$246,622
Alternative Uses
Best Use
Multifamily LT 5
$317.1K
$277.5K – $369.9K
NOI $22,196 @ 7.0% cap · market cap 4.72%
Second Best
Apartment 5plus
$276.4K
$241.8K – $322.4K
NOI $19,345 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$518.0K
$453.3K – $604.4K
NOI $36,262 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
184
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 - Both units are leased through 10/31/2026, with HOA-covered exterior maintenance and crawl-space storage.
Where is this duplex located?
The property is located at 1045 S 1200 W #53-54 Ogden, UT.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: Duplex includes both units 53 and 54; 2,246 square feet; built in 2007; Current leases extend through 10/31/2026
