All-Brick Duplex with Large
For Sale
$500,000
1146 E Harrop, Ogden, UT 84403
Two-unit residential property with a large yard near Ogden’s East Bench trail system.
Property Size2,625 SF
Price / SF$190.48
Days on Market63
Property Features for 1146 E Harrop
General Information
Standard status
Active
Size
2,625 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
large yard
Building Details
Year Built
1963
Buildings
1
Construction
all-brick
Listing Agency:
Utah Executive Real Estate LC
Listed By:
Chad Buttars
(801) 941-8400
Source:
Buysalty
Added: Aug 23
Changed: Oct 5
Last Checked: Oct 7 at 2:09PM
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 Utah Executive Real Estate LC
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Investment Insights
Based on property information with market context.
This two-unit residential property features all-brick construction, a larger unit with room to configure a fifth bedroom, and a substantial yard for outdoor use. The duplex format supports both owner-occupancy and rental ownership strategies, with each side offering residential living space.
Located near Ogden’s East Bench trail system, the property provides access to hiking, biking, and other outdoor recreation. The address is 1146 E Harrop S, Ogden, UT 84403. Built in 1963, the property offers an established residential configuration with outdoor space and proximity to the trail network.
Located near Ogden’s East Bench trail system, the property provides access to hiking, biking, and other outdoor recreation. The address is 1146 E Harrop S, Ogden, UT 84403. Built in 1963, the property offers an established residential configuration with outdoor space and proximity to the trail network.
Key Highlights
- All‑brick duplex with two residential units
- Larger unit offers flexibility for a fifth bedroom
- Large yard suitable for recreation, entertaining, gardening, or relaxation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,942
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$518,840
$518.8K
Cap Rate 7%
$370,600
$370.6K
Cap Rate 9%
$288,244
$288.2K
Market Conditions
NOI Build-Up for 2,625 SF
Gross rent
$41.0K $15.60/SF
− Vacancy
−$3.9K −$1.48/SF
EGI
$37.1K $14.12/SF
− OpEx
−$11.1K −$4.24/SF
NOI
$25.9K $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%
$518,840
Cap Rate 7%
$370,600
Cap Rate 9%
$288,244
Alternative Uses
Best Use
Multifamily LT 5
$370.6K
$324.3K – $432.4K
NOI $25,942 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$323.0K
$282.6K – $376.8K
NOI $22,609 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$605.4K
$529.8K – $706.4K
NOI $42,381 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
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Business Placement
Demographics for 84403, UT
37,847
Population
14,587
Households
2.6
Avg Household Size
33
Median Age
34%
College-Educated
93%
High-School Grad
34.0 sq mi
ZIP Area
1,113
Density / Sq Mi
$84,589
Median Household Income
$41,227
Median Earnings
$1,172
Median Rent
$392,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with a large yard near Ogden’s East Bench trail system.
Where is this duplex located?
The property is located at 1146 E Harrop Ogden, UT.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: All‑brick duplex with two residential units; Larger unit offers flexibility for a fifth bedroom; Large yard suitable for recreation, entertaining, gardening, or relaxation
