Multifamily Building with Covered
For Sale
$699,000
319 WASHINGTON Blvd, Ogden, UT 84404
Residential, Ogden, UT
Property Size4,568 SF
Lot Size0.16 Acres
Price / SF$153.02
Days on Market8
Property Features for 319 WASHINGTON Blvd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi-Family
Bedrooms
9
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 6, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 8, Bedroom 9, Bathroom 2, Bathroom 1, Bathroom 5, Bedroom 3, Bathroom 3, Bedroom 6, Bedroom 7, Bedroom 4, Bedroom 5
Parking
20
Parking features
Covered
Subdivision
ORCHARD GROVE ANNEX ADDITION
Lot features
Road: Paved, View: Mountain
Elementary school
Heritage
Middle school
Highland
High school
Ben Lomond
Elementary school district
Ogden
Middle school district
Ogden
High school district
Ogden
Standard status
Active
APN
12-067-0016
Size
4,568 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
3141
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Radiant
Building Details
Year built
1920
Floors in Building
3
Number of units
9
Building materials
Brick
Roof type
Asphalt
Architectural style
Other
Listing Agency:
KW Success Keller Williams Realty (North Ogden)
(385) 429-0085
Listed By:
Blaine D Larsen
(801) 452-5413
Added: Oct 8
Changed: Oct 15
Last Checked: Oct 15 at 10:06PM
MLS# 2191076
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.
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Investment Insights
Based on property information with market context.
Built in 1920, this 4,568-square-foot brick multifamily property contains 9 rentable spaces with varied layouts. The building has covered parking, an asphalt roof installed in July 2026, natural gas radiant heat, and public sewer service. The parcel measures 0.16 acres, and the property is zoned Multi-Family.
The property is on Washington Boulevard in Ogden. It is tenant-occupied, and showings require coordination through the listing agent. An approximate 8% cap rate is reported for the property.
The property is on Washington Boulevard in Ogden. It is tenant-occupied, and showings require coordination through the listing agent. An approximate 8% cap rate is reported for the property.
Key Highlights
- 9 rentable spaces with varied layouts
- 4,568 square feet on a 0.16‑acre parcel
- Approximate 8% cap rate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,344
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$786,880
$786.9K
Cap Rate 7%
$562,057
$562.1K
Cap Rate 9%
$437,156
$437.2K
Market Conditions
NOI Build-Up for 4,568 SF
Gross rent
$79.5K $17.40/SF
− Vacancy
−$7.9K −$1.74/SF
EGI
$71.5K $15.66/SF
− OpEx
−$32.2K −$7.05/SF
NOI
$39.3K $8.61/SF
Area
Weber County, UT
Vacancy
10.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$786,880
Cap Rate 7%
$562,057
Cap Rate 9%
$437,156
Alternative Uses
Best Use
Apartment 5plus
$562.1K
$491.8K – $655.7K
NOI $39,344 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$921.9K – $1.23M
NOI $73,750 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
9
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
483
Businesses Nearby
Explore this area
Business Placement
Demographics for 84404, UT
66,382
Population
23,907
Households
2.8
Avg Household Size
32
Median Age
22%
College-Educated
89%
High-School Grad
96.3 sq mi
ZIP Area
689
Density / Sq Mi
$81,917
Median Household Income
$42,844
Median Earnings
$1,304
Median Rent
$352,700
Median Home Value
Check the figures for this property
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?
Apartment building - Tenant-occupied rental property offers multiple layouts and covered parking.
Where is this apartment building located?
The property is located at 319 WASHINGTON Blvd Ogden, UT.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 9 rentable spaces with varied layouts; 4,568 square feet on a 0.16‑acre parcel; Approximate 8% cap rate
