Turn-Key Four-Unit Multifamily
2946 OGDEN Ave, Ogden, UT 84403
MULTI_FAMILY - Other - Ogden, UT
Property size:
4,947 SFLot size:
0.37 AcresPrice / SF:
$160/SF- Added:
- Mar 8, 2026
- Days on Market:
- 113
- Last Refresh:
- Jun 29 at 4:06 am
Property Features for 2946 OGDEN Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family, Commercial
- Bedrooms
- 9
- Bathrooms
- 6
- Rooms
- Bedroom 9, Basement, Bathroom 2, Bedroom 5, Bathroom 6, Bedroom 3, Den, Bedroom 6, Bathroom 5, Bedroom 7, Bedroom 2, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 8, Bedroom 1, Bathroom 4
- Parking
- 17
- Parking features
- Covered
- Patio and Porch features
- Patio, Porch
- Interior features
- Bar: Wet, Basement Apartment, Closet: Walk-In, Den/Office, Kitchen: Second, Mother-in-Law Apt., Dishwasher: Built-In
- Exterior features
- Basement Entrance, Double Pane Windows, Patio: Covered, Porch: Open
- Standard status
- Active
- APN
- 04-027-0019
- Size
- 4,947 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4993
Utilities
- Heating system
- Natural Gas, Central, Forced Air
Building Details
- Year built
- 1942
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Tile
- Building materials
- Aluminum
- Roof type
- Asphalt
- Architectural style
- Other
- Additional Structures
- Other
Listing agent Tyler Jackson License #7071868 (928) 243-8414
Listing office R and R Realty LLC 306 W Main St, american fork, UT (801) 492-7791
Listing date Mar 8, 2026
MLS# 2141837
Listing URL
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.
HighLights
- Legal triplex in Ogden currently configured as four separate living spaces with total potential rents of about $6,500/month
- 4,947 sq ft total living space plus a 432 sq ft garage on a 0.37‑acre lot with ample off‑street parking
- Main floor unit offers 2,616 sq ft with multiple bedrooms and 3 bathrooms for rental flexibility
- Includes two 2‑bedroom, 1‑bath units plus a 1‑bedroom, 1‑bath basement unit
- Over $400,000 in renovations completed in the past few years: updated electrical, plumbing, flooring, paint, kitchens, bathrooms, laundry, HVAC, and water heaters
- Basement features include a basement apartment plus covered patio and open porch; heating includes central and forced air with natural gas
Overview
This property is a legal triplex currently configured as four separate living spaces, designed to provide flexible rental options. The total living area is approximately 4,947 square feet, plus a 432-square-foot garage. The main-floor unit is a large residence with multiple bedrooms and 3 bathrooms. The remaining spaces include two 2-bedroom, 1-bath units and a 1-bedroom, 1-bath basement unit.
Located at 2946 Ogden Ave in Ogden, Utah (Weber County), the property sits on a 0.37-acre lot with ample off-street parking. The listing is zoned for Multi-Family and Commercial use, and the site offers practical room for tenants who prefer accessible parking.
Recent renovations totaling over $400,000 were completed within the past few years, with an emphasis on interior improvements and key building systems. Updates include electrical, plumbing, flooring, paint, kitchens, bathrooms, laundry areas, HVAC systems, and water heaters. The current configuration supports total potential rents of approximately $6,500 per month across the units, and the oversized lot may offer future development opportunities (buyer to verify) in addition to existing income.
Located at 2946 Ogden Ave in Ogden, Utah (Weber County), the property sits on a 0.37-acre lot with ample off-street parking. The listing is zoned for Multi-Family and Commercial use, and the site offers practical room for tenants who prefer accessible parking.
Recent renovations totaling over $400,000 were completed within the past few years, with an emphasis on interior improvements and key building systems. Updates include electrical, plumbing, flooring, paint, kitchens, bathrooms, laundry areas, HVAC systems, and water heaters. The current configuration supports total potential rents of approximately $6,500 per month across the units, and the oversized lot may offer future development opportunities (buyer to verify) in addition to existing income.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.2k | $15.60 |
| − Vacancy | −$7.3k | −$1.48 |
| EGI | $69.8k | $14.12 |
| − OpEx | −$21.0k | −$4.24 |
| NOI | $48.9k | $9.88 |
4,947 SF · lease $15.60/SF/yr · vacancy 9.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$698.4K
$611.1K – $814.8K
NOI $48,889 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$608.7K
$532.6K – $710.2K
NOI $42,609 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$1.14M
$998.4K – $1.33M
NOI $79,869 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Ogden
- County
- Weber
- State
- Utah
- Longitude
- -111.968901
- Latitude
- 41.211205
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Renovated four-unit configuration with updated systems, ample parking, and off-street spaces on a 0.37-acre lot.
Where is this quadplex located?
The property is located at 2946 OGDEN Ave Ogden, UT.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Legal triplex in Ogden currently configured as four separate living spaces with total potential rents of about $6,500/month; 4,947 sq ft total living space plus a 432 sq ft garage on a 0.37‑acre lot with ample off‑street parking; Main floor unit offers 2,616 sq ft with multiple bedrooms and 3 bathrooms for rental flexibility
