Duplex with Attached
For Sale
$320,000
329 8TH ST, Ogden, UT 84404
Attached one-bedroom, one-bath ADU provides a separate entrance and additional flexible space.
Property Size2 SF
Price / SF$142.60
Days on Market44
Property Features for 329 8TH ST
General Information
Standard status
Active
Size
2 SF
Property subtype
Duplex
Building Details
Building Size
2 SF
Year Built
1931
Listing Agency:
KW Success Keller Williams Realty (Layton)
(801) 866-1934
Listed By:
Ana Sanchez
(385) 368-3290
Source:
Liftrealty
Added: Jul 22
Changed: Sep 3
Last Checked: Sep 2 at 5:47PM
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 (Layton)
Investment Insights
Based on property information with market context.
This duplex includes an attached accessory dwelling unit with one bedroom, one bathroom, and its own exterior entrance. The property contains 2,244 square feet and was built in 1931. It is offered in as-is condition, presenting a renovation project for a buyer prepared to update the existing improvements.
The home is located at 329 8TH ST in Ogden, near downtown Ogden, shopping, dining, and other local amenities. The ADU’s separate access adds functional flexibility within the overall residential layout. Square footage, zoning, ADU status, permitted use, and any potential rental or income use should be independently verified.
The home is located at 329 8TH ST in Ogden, near downtown Ogden, shopping, dining, and other local amenities. The ADU’s separate access adds functional flexibility within the overall residential layout. Square footage, zoning, ADU status, permitted use, and any potential rental or income use should be independently verified.
Key Highlights
- Attached 1‑bedroom, 1‑bath accessory dwelling unit
- ADU has its own entrance
- 2,244 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,177
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$443,540
$443.5K
Cap Rate 7%
$316,814
$316.8K
Cap Rate 9%
$246,411
$246.4K
Market Conditions
NOI Build-Up for 2,244 SF
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.
Gross rent
$35.0K $15.60/SF
− Vacancy
−$3.3K −$1.48/SF
EGI
$31.7K $14.12/SF
− OpEx
−$9.5K −$4.24/SF
NOI
$22.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$443,540
Cap Rate 7%
$316,814
Cap Rate 9%
$246,411
Alternative Uses
Best Use
Multifamily LT 5
$316.8K
$277.2K – $369.6K
NOI $22,177 @ 7.0% cap · market cap 6.93%
Second Best
Apartment 5plus
$276.1K
$241.6K – $322.1K
NOI $19,328 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$517.6K
$452.9K – $603.8K
NOI $36,229 @ 7.0% cap · market cap 11.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
658
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Attached one-bedroom, one-bath ADU provides a separate entrance and additional flexible space.
Where is this duplex located?
The property is located at 329 8TH ST Ogden, UT.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Attached 1‑bedroom, 1‑bath accessory dwelling unit; ADU has its own entrance; 2,244 square feet
