Brick Duplex with Side-by-Side
New
For Sale
$555,000
3247 ADAMS AVE, Ogden, UT 84403
Two mirrored residences each offer three bedrooms, a private garage, and covered front porch space.
Property Size2,600 SF
Price / SF$213.46
Days on Market5
Property Features for 3247 ADAMS AVE
General Information
Standard status
Active
Size
2,600 SF
Total Parking Spaces
2
Property subtype
Duplex
Occupancy
100%
Financials
Gross Income
$36,000
Average Monthly Rent
$1,500
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Parking per Unit
1
Additional Details
Road Access
Yes
Building Details
Building Size
2,600 SF
Year Built
1926
Buildings
1
Construction
brick
Tenancy
Multi
Listing Agency:
Mountain Retreat Real Estate, LLC
Listed By:
Ryan L Olsen · License #24996T
(208) 339-3200
Source:
Liftrealty
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 2:07AM
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 Mountain Retreat Real Estate, LLC
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Investment Insights
Based on property information with market context.
Built in 1926, this brick duplex contains two side-by-side residences of approximately 1,300 square feet apiece. Each has three bedrooms, one bathroom, granite countertops, and a separate one-car garage. The mirrored layouts provide a consistent configuration, while one residence retains original mahogany trim. Covered porches and arched gable fronts add period detailing, and the property has rear alley access. Both units are currently leased.
The property is on Adams Avenue in Ogden, near downtown, Weber State University, shopping, and commuter routes.
The property is on Adams Avenue in Ogden, near downtown, Weber State University, shopping, and commuter routes.
Key Highlights
- Two side‑by‑side units, approximately 1,300 square feet each
- Each unit has 3 bedrooms, 1 bathroom, granite countertops, and a 1‑car garage
- 1926 brick construction with covered front porches and arched gable fronts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,695
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,900
$513.9K
Cap Rate 7%
$367,071
$367.1K
Cap Rate 9%
$285,500
$285.5K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$40.6K $15.60/SF
− Vacancy
−$3.9K −$1.48/SF
EGI
$36.7K $14.12/SF
− OpEx
−$11.0K −$4.24/SF
NOI
$25.7K $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%
$513,900
Cap Rate 7%
$367,071
Cap Rate 9%
$285,500
Alternative Uses
Best Use
Multifamily LT 5
$367.1K
$321.2K – $428.3K
NOI $25,695 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$319.9K
$279.9K – $373.2K
NOI $22,394 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$599.7K
$524.7K – $699.6K
NOI $41,977 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
833
Businesses Nearby
Explore this area
Business Placement
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
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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?
Duplex - Two mirrored residences each offer three bedrooms, a private garage, and covered front porch space.
Where is this duplex located?
The property is located at 3247 ADAMS AVE Ogden, UT.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: Two side‑by‑side units, approximately 1,300 square feet each; Each unit has 3 bedrooms, 1 bathroom, granite countertops, and a 1‑car garage; 1926 brick construction with covered front porches and arched gable fronts
