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Two-Unit Duplex with Separate Meters
For Sale
$319,900

2030 ORCHARD Ave, Ogden, UT 84401

Residential, Ogden, UT

Property Size1,073 SF
Lot Size0.10 Acres
Price / SF$298.14
Days on Market246

Property Features for 2030 ORCHARD Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2
Parking 2
Parking features Covered
Interior features Kitchen: Updated, Oven: Gas
Exterior features Double Pane Windows
Lot features Curb & Gutter, Road: Paved, Sidewalks
Elementary school New Bridge
Middle school Mound Fort
High school Ogden
Elementary school district Ogden
Middle school district Ogden
High school district Ogden
Subdivision Ogdn; W Hvn; Ter; Rvrdl
Standard status Active
APN 01-047-0026
Size 1,073 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Annual Amount 1695

Utilities

Heating system Heat Pump (Heating)

Amenities

storage sheds

Building Details

Year built 1891
Floors in Building 1
Number of units 2
Flooring type Carpet, Tile
Roof type Asphalt
Architectural style Other
Listing Agency: EXP Realty, LLC
Listed By: Deanna L Allen
Added: Feb 10 Changed: Oct 5 Last Checked: Oct 14 at 10:06AM
MLS# 2161590

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Investment Insights

Based on property information with market context.

This 1,073-square-foot duplex contains two independent residences, each with one bedroom, one bathroom, a kitchen, and laundry. The property was built in 1891 and has updated electrical, new water heaters, and new mini-split systems. Two storage sheds are on site, including one measuring 12' x 8'.

The 0.1-acre property is near downtown Ogden, with access to shopping, dining, recreation, and major roadways.

Key Highlights

  • Two separate 1‑bedroom, 1‑bathroom residences
  • 1,073‑square‑foot building on a 0.1‑acre lot
  • Separate gas and electric meters for each residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,604
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$212,080 $212.1K
Cap Rate 7%
$151,486 $151.5K
Cap Rate 9%
$117,822 $117.8K
Market Conditions
NOI Build-Up for 1,073 SF
Gross rent
$16.7K $15.60/SF
− Vacancy
−$1.6K −$1.48/SF
EGI
$15.1K $14.12/SF
− OpEx
−$4.5K −$4.24/SF
NOI
$10.6K $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%
$212,080
Cap Rate 7%
$151,486
Cap Rate 9%
$117,822

Alternative Uses

Best Use
Multifamily LT 5
$151.5K
$132.6K – $176.7K (±1% cap)
NOI $10,604 @ 7.0% cap · market cap 3.31%
Second Best
Apartment 5plus
$132.0K
$115.5K – $154.0K (±1% cap)
NOI $9,242 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$247.5K
$216.6K – $288.7K (±1% cap)
NOI $17,324 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Locksmith Nursing Home Catering Service Tanning Salon

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

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,368
Businesses Nearby

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
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence has its own kitchen, laundry, and separate gas and electric meters.
Where is this duplex located?
The property is located at 2030 ORCHARD Ave Ogden, UT.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Two separate 1‑bedroom, 1‑bathroom residences; 1,073‑square‑foot building on a 0.1‑acre lot; Separate gas and electric meters for each residence
More about this property
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