Two-Unit Duplex
For Sale
$190,000
2467 S C AVE W, Ogden, UT 84401
Each unit has a private entrance, with front yard space and rear access from the alley.
Property Size1 SF
Price / SF$152.24
Days on Market15
Property Features for 2467 S C AVE W
General Information
Standard status
Active
Size
1 SF
Property subtype
Duplex
Property Condition
Severity
Repairs Needed
Evidence
fixer upper
Additional Details
Multifamily Units
2
Building Details
Building Size
1 SF
Year Built
1955
Listing Agency:
Equity Real Estate (Select)
(801) 589-5800
Listed By:
Eva Vincent
(801) 725-5587
Source:
Liftrealty
Added: Sep 1
Changed: Sep 14
Last Checked: Sep 15 at 5:38AM
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 Equity Real Estate (Select)
Investment Insights
Based on property information with market context.
Built in 1955, this 1,248-square-foot duplex includes two units arranged on one lot. Each unit has its own entrance, providing distinct access for the occupants. The property is described as a fixer-upper and includes front yard space for additional outdoor area.
A rear entrance connects the property to the alley behind the home. Located at 2467 S C AVE W in Ogden, Utah 84401, the property offers a two-unit residential configuration with separate access points and both front and rear entry options.
A rear entrance connects the property to the alley behind the home. Located at 2467 S C AVE W in Ogden, Utah 84401, the property offers a two-unit residential configuration with separate access points and both front and rear entry options.
Key Highlights
- Two‑unit duplex on one lot
- 1,248 square feet of property size
- Separate entrance for each unit
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
$12,333
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
6.49%
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%
$246,660
$246.7K
Cap Rate 7%
$176,186
$176.2K
Cap Rate 9%
$137,033
$137.0K
Market Conditions
NOI Build-Up for 1,248 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
$19.5K $15.60/SF
− Vacancy
−$1.8K −$1.48/SF
EGI
$17.6K $14.12/SF
− OpEx
−$5.3K −$4.24/SF
NOI
$12.3K $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%
$246,660
Cap Rate 7%
$176,186
Cap Rate 9%
$137,033
Alternative Uses
Best Use
Multifamily LT 5
$176.2K
$154.2K – $205.6K
NOI $12,333 @ 7.0% cap · market cap 6.49%
Second Best
Apartment 5plus
$153.6K
$134.4K – $179.2K
NOI $10,749 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$287.8K
$251.9K – $335.8K
NOI $20,149 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
229
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
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
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 - Each unit has a private entrance, with front yard space and rear access from the alley.
Where is this duplex located?
The property is located at 2467 S C AVE W Ogden, UT.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Two‑unit duplex on one lot; 1,248 square feet of property size; Separate entrance for each unit
