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Managed Two-Unit Duplex
For Sale
$525,000

178 E SOUTHWELL St, Ogden, UT 84404

Residential, Ogden, UT

Property Size2,538 SF
Lot Size0.26 Acres
Price / SF$206.86
Days on Market49

Property Features for 178 E SOUTHWELL St

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 3, Bedroom 2
Parking 2
Window features Blinds
Elementary school Heritage
Middle school Highland
High school Ben Lomond
Elementary school district Ogden
Middle school district Ogden
High school district Ogden
Subdivision Ogdn; FarrW; Hrsvl; Pln Cty.
Standard status Active
APN 12-154-0003
Size 2,538 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Annual Amount 3408

Building Details

Year built 2001
Number of units 2
Architectural style Other
Listing Agency: Welch Randall Real Estate Services
Listed By: Bradley S. Randall
Added: Aug 19 Changed: Sep 26 Last Checked: Oct 6 at 12:06PM
MLS# 2179650

Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-unit duplex at 178 E Southwell St in Ogden contains 2,538 square feet on a 0.26-acre lot. Built in 2001, the property is configured as Units A and B and includes three bedrooms and three bathrooms based on the listed room information.

Professional third-party management is in place, and both units are subject to annual leases. The duplex is one of four separately listed duplex properties being offered as part of a larger sale, with all eight units under the same professional management arrangement.

Key Highlights

  • 2,538‑square‑foot duplex on a 0.26‑acre lot
  • Built in 2001
  • Units A and B included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,082
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,640 $501.6K
Cap Rate 7%
$358,314 $358.3K
Cap Rate 9%
$278,689 $278.7K
Market Conditions
NOI Build-Up for 2,538 SF
Gross rent
$39.6K $15.60/SF
− Vacancy
−$3.8K −$1.48/SF
EGI
$35.8K $14.12/SF
− OpEx
−$10.7K −$4.24/SF
NOI
$25.1K $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%
$501,640
Cap Rate 7%
$358,314
Cap Rate 9%
$278,689

Alternative Uses

Best Use
Multifamily LT 5
$358.3K
$313.5K – $418.0K (±1% cap)
NOI $25,082 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$312.3K
$273.3K – $364.3K (±1% cap)
NOI $21,860 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$585.4K
$512.2K – $682.9K (±1% cap)
NOI $40,976 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Mark's Mobile Car ... Car Wash

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Parking Lot & Garage Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

506
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential income property with professional management and annual leases in place.
Where is this duplex located?
The property is located at 178 E SOUTHWELL St Ogden, UT.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2,538‑square‑foot duplex on a 0.26‑acre lot; Built in 2001; Units A and B included
More about this property
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