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Ogden Income Property Opportunity

316 E 35TH S Ogden, UT 84401

316 E 35TH S, Ogden, UT, 84401
$458,999
For Sale
Claim this Listing
$458,999

MULTI_FAMILY - Ogden, UT

Property Size2,700 SF
Lot Size0.17 Acres
Price / SF$169
AddedDec 5, 2025
Days on Market221
Last RefreshJul 14 at 10:06 pm

Property Features for 316 E 35TH S

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Single-Family, Multi-Fami
Bedrooms
3
Bathrooms
3
Rooms
Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 1
Parking
8
Parking features
RV
Exterior features
Basement Entrance
Standard status
Active
APN
05-118-0029
Size
2,700 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Annual Amount
2800

Utilities

Sewer type
Public Sewer
Heating system
Central, Natural Gas

Building Details

Year built
1937
Number of units
3
Flooring type
Carpet, Laminate, Tile
Building materials
Stucco
Roof type
Asbestos Shingle

Listing agent Ludovica Meeks

Listing office Realtypath LLC (South Valley) 7985 S 700 E, Sandy, UT

Listing date Dec 5, 2025

MLS# 2125904

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.

This multi-family income property in Ogden, Utah, features three units, each with its own entrance. Two units are located upstairs, and one is downstairs. Each unit includes one bedroom and one bathroom. The units are large, with sizes of 940 square feet, 880 square feet, and 880 square feet, respectively, totaling 2,700 square feet on a 0.17-acre lot. The property has three gas meters and three separate electrical meters. Two furnaces were replaced in 2020, and the roof was replaced in 2019. The property is located near shopping centers, the mall, and Washington Boulevard. The zoning is Single-Family, Multi-Family. There are solid older long-term tenants.

Key Highlights

  • Income property with 3 separate 1 bed/1 bath units, each with its own entrance (2 upstairs, 1 downstairs)
  • Total estimated 2,700 SF on a 0.17‑acre lot
  • Year built 1937; stucco exterior; asbestos shingle roof

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 $42.1k $15.60
− Vacancy −$4.0k −$1.48
EGI $38.1k $14.12
− OpEx −$11.4k −$4.24
NOI $26.7k $9.88
2,700 SF · lease $15.60/SF/yr · vacancy 9.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$381.2K
$333.5K – $444.7K (±1% cap)
NOI $26,683 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$332.2K
$290.7K – $387.6K (±1% cap)
NOI $23,255 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$622.7K
$544.9K – $726.5K (±1% cap)
NOI $43,591 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Parking Lot & Garage Food Market Wine and Liquor Store Travel Agency Hotel & Motel Pet Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Multi-family property with three units near shopping centers.
Where is this triplex located?
The property is located at 316 E 35TH S Ogden, UT.
What is the asking price?
The asking price for this property is $458,999.
What are key features of this property?
This property features: Income property with 3 separate 1 bed/1 bath units, each with its own entrance (2 upstairs, 1 downstairs); Total estimated 2,700 SF on a 0.17‑acre lot; Year built 1937; stucco exterior; asbestos shingle roof
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More about this property
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