Updated Historic
For Sale
$335,000
2030 ORCHARD Ave, Ogden, UT 84401
Residential, Ogden, UT
Property Size1,073 SF
Lot Size0.10 Acres
Price / SF$312.21
Days on Market200
Property Features for 2030 ORCHARD Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1
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
in-unit laundry
storage sheds
Building Details
Year built
1891
Floors in Building
1
Number of units
2
Flooring type
Tile, Carpet
Roof type
Asphalt
Architectural style
Other
Listing Agency:
EXP Realty, LLC
(801) 499-6087
Listed By:
Deanna L Allen
(385) 419-1397
Added: Feb 10
Changed: Aug 22
Last Checked: Aug 29 at 5:06AM
MLS# 2161590
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.
Built in 1891, this 1,073-square-foot duplex contains two separate one-bedroom, one-bathroom units. Each residence includes its own living area, kitchen, and laundry, creating a clearly divided configuration for residential income use. Updates include mini-split systems, electrical improvements, new water heaters, double-pane windows, tile and carpet flooring, and covered parking. Separate gas and electric meters serve the units.
The 0.1-acre property includes two storage sheds, including a new 12x8 shed. Located near downtown Ogden, the address provides access to shopping, dining, parks, recreation, and major roadways. Buyer to verify zoning, permitted use, rental eligibility, square footage, and other property details.
The 0.1-acre property includes two storage sheds, including a new 12x8 shed. Located near downtown Ogden, the address provides access to shopping, dining, parks, recreation, and major roadways. Buyer to verify zoning, permitted use, rental eligibility, square footage, and other property details.
Key Highlights
- Two 1‑bedroom, 1‑bathroom units within a duplex
- 1,073 square feet on a 0.1‑acre lot
- Built in 1891 with updated electrical and new water heaters
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
$10,604
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
3.17%
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%
$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
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
$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 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%
$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
NOI $10,604 @ 7.0% cap · market cap 3.17%
Second Best
Apartment 5plus
$132.0K
$115.5K – $154.0K
NOI $9,242 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$247.5K
$216.6K – $288.7K
NOI $17,324 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,368
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two self-contained units offer separate kitchens, living areas, laundry, and utility meters in a historic residential property.
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 $335,000.
What are key features of this property?
This property features: Two 1‑bedroom, 1‑bathroom units within a duplex; 1,073 square feet on a 0.1‑acre lot; Built in 1891 with updated electrical and new water heaters
