Triplex with Updated
2560 PORTER, Ogden, UT 84401
For Sale
New
$475,000
Separate gas and electric meters serve each residence, allowing utility use to be tracked by unit.
Property Size1,947 SF
Price / SF$226.19
Days on Market4
Property Features for 2560 PORTER
General Information
Standard status
Size
Property subtype
Site & Location
Road Access
Public Transit
Utilities to Site
Units
Multifamily Units
Individually Metered Utilities
Additional Details
Tenant in Place
Building Details
Building Size
Year Built
Listing Agency:
KW Utah Realtors Keller Williams (Brickyard)
(801) 326-8800
Listed By:
Ryan J Cannon · License UT #7563566
(801) 699-4469
Source:
Liftrealty
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 2:44PM
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 KW Utah Realtors Keller Williams (Brickyard)
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Investment Insights
Based on property information with market context.
Built in 1947, this 2,100-square-foot triplex has three residential units. Interior improvements include newer kitchens and bathrooms, complemented by vinyl double-pane windows. The barrel tile roof was inspected and refurbished in July 2020.
Each unit has its own gas and electric meter. The property is on a dead-end street in Ogden’s Art District, close to downtown and within steps of Rapid Bus service, with connections to Weber State University and McKay-Dee Hospital.
Each unit has its own gas and electric meter. The property is on a dead-end street in Ogden’s Art District, close to downtown and within steps of Rapid Bus service, with connections to Weber State University and McKay-Dee Hospital.
Key Highlights
- Three‑unit property with 2,100 square feet, built in 1947
- Newer kitchens and bathrooms; vinyl double‑pane windows
- Barrel tile roof inspected and refurbished in July 2020
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,753
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,060
$415.1K
Cap Rate 7%
$296,471
$296.5K
Cap Rate 9%
$230,589
$230.6K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$32.8K $15.60/SF
− Vacancy
−$3.1K −$1.48/SF
EGI
$29.6K $14.12/SF
− OpEx
−$8.9K −$4.24/SF
NOI
$20.8K $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%
$415,060
Cap Rate 7%
$296,471
Cap Rate 9%
$230,589
Alternative Uses
Best Use
Multifamily LT 5
$296.5K
$259.4K – $345.9K
NOI $20,753 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$258.4K
$226.1K – $301.5K
NOI $18,087 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$484.3K
$423.8K – $565.1K
NOI $33,904 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,565
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Separate gas and electric meters serve each residence, allowing utility use to be tracked by unit.
Where is this triplex located?
The property is located at 2560 PORTER Ogden, UT.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Three‑unit property with 2,100 square feet, built in 1947; Newer kitchens and bathrooms; vinyl double‑pane windows; Barrel tile roof inspected and refurbished in July 2020
