Duplex Requiring
New
For Sale
$300,000
195 E 40TH ST S, South Ogden, UT 84403
The seller will make no repairs; Weber State University and two hospitals are nearby.
Property Size2,018 SF
Price / SF$148.66
Days on Market7
Property Features for 195 E 40TH ST S
General Information
Standard status
Active
Size
2,018 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Building Details
Building Size
2,018 SF
Year Built
1956
Listing Agency:
Berkshire Hathaway HomeServices Utah Properties (So Ogden)
(801) 781-2223
Listed By:
Nicole Nunez · License #6074617
(801) 510-6182
Source:
Liftrealty
Added: Oct 8
Changed: Oct 13
Last Checked: Oct 12 at 8:40PM
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)
Investment Insights
Based on property information with market context.
This 2,018-square-foot duplex was built in 1956 and is offered in as-is condition. The property requires substantial remodeling, and the seller will not complete repairs.
Weber State University is approximately five minutes away. Ogden Regional Medical Center and McKay-Dee Hospital are also nearby, with access to Highway 89 and I-15.
Weber State University is approximately five minutes away. Ogden Regional Medical Center and McKay-Dee Hospital are also nearby, with access to Highway 89 and I-15.
Key Highlights
- 2,018‑square‑foot duplex built in 1956
- Offered as‑is; seller will not make repairs
- Approximately five minutes from Weber State University
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,943
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$398,860
$398.9K
Cap Rate 7%
$284,900
$284.9K
Cap Rate 9%
$221,589
$221.6K
Market Conditions
NOI Build-Up for 2,018 SF
Gross rent
$31.5K $15.60/SF
− Vacancy
−$3.0K −$1.48/SF
EGI
$28.5K $14.12/SF
− OpEx
−$8.5K −$4.24/SF
NOI
$19.9K $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%
$398,860
Cap Rate 7%
$284,900
Cap Rate 9%
$221,589
Alternative Uses
Best Use
Multifamily LT 5
$284.9K
$249.3K – $332.4K
NOI $19,943 @ 7.0% cap · market cap 6.65%
Second Best
Apartment 5plus
$248.3K
$217.3K – $289.7K
NOI $17,381 @ 7.0% cap · market cap 5.79%
Theoretical Best
Office A
$465.4K
$407.3K – $543.0K
NOI $32,581 @ 7.0% cap · market cap 10.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,112
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - The seller will make no repairs; Weber State University and two hospitals are nearby.
Where is this duplex located?
The property is located at 195 E 40TH ST S South Ogden, UT.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 2,018‑square‑foot duplex built in 1956; Offered as‑is; seller will not make repairs; Approximately five minutes from Weber State University
