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Character Duplex with Updated Systems
For Sale
$500,000

2737 S Harrison, Ogden, UT 84403

Income-producing duplex retaining historic character while incorporating updated kitchens, plumbing, mechanical systems, and HVAC.

Property Size2,520 SF
Price / SF$198.41
Days on Market51

Property Features for 2737 S Harrison

General Information

Standard status Active
Size 2,520 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1933
Listing Agency: KW Success Keller Williams Realty
Listed By: Travis Larsen
Source: Buysalty
Added: Sep 4 Changed: Oct 7 Last Checked: Oct 7 at 4:48PM

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 Success Keller Williams Realty

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Investment Insights

Based on property information with market context.

Built in 1933, this duplex combines period character with practical updates for continued residential use. The property measures 2,520 square feet and retains original architectural details, while the kitchens, plumbing, mechanical systems, and HVAC have been updated. Hardwood flooring, vintage trim, and built-ins are identified among the interior features.

The property has an established rental history and is currently subject to a lease term. Its duplex configuration supports an income-producing residential use, with the possibility of owner occupancy after the existing lease concludes. Located at 2737 S Harrison in Ogden, Utah, the offering presents a renovated systems package within an older character property.

Key Highlights

  • Duplex property measuring 2,520 square feet
  • Built in 1933 with original architectural character
  • Updated kitchens, plumbing, mechanical systems, and HVAC

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,904
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,080 $498.1K
Cap Rate 7%
$355,771 $355.8K
Cap Rate 9%
$276,711 $276.7K
Market Conditions
NOI Build-Up for 2,520 SF
Gross rent
$39.3K $15.60/SF
− Vacancy
−$3.7K −$1.48/SF
EGI
$35.6K $14.12/SF
− OpEx
−$10.7K −$4.24/SF
NOI
$24.9K $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%
$498,080
Cap Rate 7%
$355,771
Cap Rate 9%
$276,711

Alternative Uses

Best Use
Multifamily LT 5
$355.8K
$311.3K – $415.1K (±1% cap)
NOI $24,904 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$310.1K
$271.3K – $361.8K (±1% cap)
NOI $21,705 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$581.2K
$508.6K – $678.1K (±1% cap)
NOI $40,685 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Income-producing duplex retaining historic character while incorporating updated kitchens, plumbing, mechanical systems, and HVAC.
Where is this duplex located?
The property is located at 2737 S Harrison Ogden, UT.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Duplex property measuring 2,520 square feet; Built in 1933 with original architectural character; Updated kitchens, plumbing, mechanical systems, and HVAC
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