Tudor-Style Triplex with Three
For Sale
$570,000
1436 SWAN ST, Ogden, UT 84401
1941 Tudor-style triplex offers three units totaling 3,760 square feet on a single lot in central Ogden.
Property Size2 SF
Price / SF$151.60
Days on Market95
Property Features for 1436 SWAN ST
General Information
Standard status
Active
Size
2 SF
Property subtype
Triplex
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
3
Building Details
Building Size
2 SF
Year Built
1941
Tenancy
Multi
Listing Agency:
Lift Realty
Listed By:
Spencer Clawson · License #6608967-PB00
(801) 636-8426
Source:
Liftrealty
Added: Jun 5
Changed: Sep 6
Last Checked: Sep 7 at 6:37AM
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 Lift Realty
Investment Insights
Based on property information with market context.
Built in 1941, this Tudor-style triplex at 1436 Swan Street features three units within a total of 3,760 square feet. The front building presents classic Tudor character with a brick facade, arched entryways, and peaked gables. A third legal unit has been converted from a rear garage, expanding the property to three separate income-producing units.
The property is located on a quiet residential street in central Ogden, Utah. Current rents average $1,142 per month across all three units, and the rear conversion supports the triplex configuration on the site.
With three units in place and a value-add angle noted through potential cosmetic renovation, the layout is suited to buyers seeking an owner-operator or an income-focused multifamily asset.
The property is located on a quiet residential street in central Ogden, Utah. Current rents average $1,142 per month across all three units, and the rear conversion supports the triplex configuration on the site.
With three units in place and a value-add angle noted through potential cosmetic renovation, the layout is suited to buyers seeking an owner-operator or an income-focused multifamily asset.
Key Highlights
- 1941 Tudor‑style triplex in central Ogden with 3 units across 3,760 SF on a single lot
- Three‑unit setup with a legal third unit converted from the rear garage
- Average current rents are $1,142/month across all three units
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
$37,159
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
6.52%
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%
$743,180
$743.2K
Cap Rate 7%
$530,843
$530.8K
Cap Rate 9%
$412,878
$412.9K
Market Conditions
NOI Build-Up for 3,760 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
$58.7K $15.60/SF
− Vacancy
−$5.6K −$1.48/SF
EGI
$53.1K $14.12/SF
− OpEx
−$15.9K −$4.24/SF
NOI
$37.2K $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%
$743,180
Cap Rate 7%
$530,843
Cap Rate 9%
$412,878
Alternative Uses
Best Use
Multifamily LT 5
$530.8K
$464.5K – $619.3K
NOI $37,159 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$462.6K
$404.8K – $539.8K
NOI $32,385 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$867.2K
$758.8K – $1.01M
NOI $60,705 @ 7.0% cap · market cap 10.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
289
Businesses Nearby
Explore this area
Business Placement
Demographics for 84401, UT
42,968
Population
18,615
Households
2.3
Avg Household Size
32
Median Age
26%
College-Educated
90%
High-School Grad
30.7 sq mi
ZIP Area
1,400
Density / Sq Mi
$77,333
Median Household Income
$41,295
Median Earnings
$1,179
Median Rent
$410,700
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?
Triplex - 1941 Tudor-style triplex offers three units totaling 3,760 square feet on a single lot in central Ogden.
Where is this triplex located?
The property is located at 1436 SWAN ST Ogden, UT.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: 1941 Tudor‑style triplex in central Ogden with 3 units across 3,760 SF on a single lot; Three‑unit setup with a legal third unit converted from the rear garage; Average current rents are $1,142/month across all three units
