Duplex with Basement
1167 29TH, Ogden, UT 84403
For Sale
New
$485,000
A detached accessory structure, shared laundry, and recent system updates complement the two-unit property.
Property Size1,940 SF
Price / SF$233.17
Days on Market5
Property Features for 1167 29TH
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Amenities
covered patio
outdoor fireplace
shared laundry
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
Berkshire Hathaway HomeServices Utah Properties (So Ogden)
(801) 781-2223
Listed By:
Elizabeth Robison · License UT #10601581
(801) 915-5145
Source:
Liftrealty
Added: Nov 9
Changed: Nov 12
Last Checked: Nov 12 at 2:33PM
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 Berkshire Hathaway HomeServices Utah Properties (So Ogden)
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Investment Insights
Based on property information with market context.
This 1940 duplex has a main residence and a separate basement apartment with an Ogden City ADU variance. The main unit includes an open living and kitchen area, two upstairs bedrooms and a full bath, plus a lower-level room suited to use as a bedroom or office. A shared laundry area has separate washers and dryers for each unit, along with storage. The property totals 2,080 square feet and includes a detached 400-square-foot flex building.
Recent work includes updates to the roof, windows, AC, plumbing, and main sewer line. Outside, the fenced backyard has lawn, a covered patio, and a built-in fireplace; the front yard features xeriscaping. The property is situated between Weber State University and Historic 25th Street.
Recent work includes updates to the roof, windows, AC, plumbing, and main sewer line. Outside, the fenced backyard has lawn, a covered patio, and a built-in fireplace; the front yard features xeriscaping. The property is situated between Weber State University and Historic 25th Street.
Key Highlights
- Separate basement apartment with Ogden City ADU variance
- 2,080‑square‑foot property with a detached 400‑square‑foot flex building
- Main residence has two bedrooms, a full bath, and an additional lower‑level room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,556
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,120
$411.1K
Cap Rate 7%
$293,657
$293.7K
Cap Rate 9%
$228,400
$228.4K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$32.4K $15.60/SF
− Vacancy
−$3.1K −$1.48/SF
EGI
$29.4K $14.12/SF
− OpEx
−$8.8K −$4.24/SF
NOI
$20.6K $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%
$411,120
Cap Rate 7%
$293,657
Cap Rate 9%
$228,400
Alternative Uses
Best Use
Multifamily LT 5
$293.7K
$257.0K – $342.6K
NOI $20,556 @ 7.0% cap · market cap 4.24%
Second Best
Apartment 5plus
$255.9K
$223.9K – $298.6K
NOI $17,915 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$479.7K
$419.8K – $559.7K
NOI $33,582 @ 7.0% cap · market cap 6.92%
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
370
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
$392,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Ogden, UT
Properties on Market for Duplexes in Ogden
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - A detached accessory structure, shared laundry, and recent system updates complement the two-unit property.
Where is this duplex located?
The property is located at 1167 29TH Ogden, UT.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Separate basement apartment with Ogden City ADU variance; 2,080‑square‑foot property with a detached 400‑square‑foot flex building; Main residence has two bedrooms, a full bath, and an additional lower‑level room
