Duplex with Separate
For Sale
$545,000
4372 S 700 W, Ogden, UT 84405
R-2-zoned duplex with a remodeled unit, basement apartment, separate utilities, and a two-car garage.
Property Size2,042 SF
Price / SF$266.90
Days on Market47
Property Features for 4372 S 700 W
General Information
Standard status
Active
Size
2,042 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Zoning
R-2
Additional Details
Utilities to Site
Yes
Multifamily Units
2
Building Details
Year Built
1977
Listing Agency:
EXP Realty, LLC
Listed By:
Curtis Pons
(801) 671-7270
Source:
Chancehammock
Added: Aug 21
Changed: Oct 3
Last Checked: Oct 5 at 9:01PM
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 2,042-square-foot duplex, built in 1977, includes a full basement apartment with its own entrance, kitchen, laundry, furnace, water heater, electrical meter, and gas meter. One unit has been fully remodeled, while work continues on the second. The property also includes updated paint, toilets, both furnaces, both water heaters, and a new downstairs stove. New windows are scheduled for installation. The layout could also be converted back into a single-family residence.
Located at 4372 S 700 W in Ogden, Utah, the property is zoned R-2 for a single-family residence with a rental unit. A large two-car garage and yard add practical exterior utility. The property is being sold as-is in its current condition.
Located at 4372 S 700 W in Ogden, Utah, the property is zoned R-2 for a single-family residence with a rental unit. A large two-car garage and yard add practical exterior utility. The property is being sold as-is in its current condition.
Key Highlights
- 2,042‑square‑foot duplex built in 1977
- Full basement apartment with separate entrance and dedicated kitchen, laundry, and utilities
- One unit fully remodeled; work continues on the second unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,180
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,600
$403.6K
Cap Rate 7%
$288,286
$288.3K
Cap Rate 9%
$224,222
$224.2K
Market Conditions
NOI Build-Up for 2,042 SF
Gross rent
$31.9K $15.60/SF
− Vacancy
−$3.0K −$1.48/SF
EGI
$28.8K $14.12/SF
− OpEx
−$8.6K −$4.24/SF
NOI
$20.2K $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%
$403,600
Cap Rate 7%
$288,286
Cap Rate 9%
$224,222
Alternative Uses
Best Use
Multifamily LT 5
$288.3K
$252.3K – $336.3K
NOI $20,180 @ 7.0% cap · market cap 3.70%
Second Best
Apartment 5plus
$251.3K
$219.9K – $293.1K
NOI $17,588 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$471.0K
$412.1K – $549.5K
NOI $32,968 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
Explore this area
Business Placement
Demographics for 84405, UT
34,285
Population
12,645
Households
2.7
Avg Household Size
33
Median Age
31%
College-Educated
95%
High-School Grad
18.5 sq mi
ZIP Area
1,853
Density / Sq Mi
$84,488
Median Household Income
$44,508
Median Earnings
$1,266
Median Rent
$386,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - R-2-zoned duplex with a remodeled unit, basement apartment, separate utilities, and a two-car garage.
Where is this duplex located?
The property is located at 4372 S 700 W Ogden, UT.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: 2,042‑square‑foot duplex built in 1977; Full basement apartment with separate entrance and dedicated kitchen, laundry, and utilities; One unit fully remodeled; work continues on the second unit
