Three-Unit Residential
356 39TH ST, South Ogden, UT 84405
For Sale
$450,000
The property is offered as-is for renovation, with commercial-use feasibility and zoning subject to buyer due diligence.
Property Size2,580 SF
Price / SF$174.42
Days on Market13
Property Features for 356 39TH ST
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Additional Details
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
Key to Realty, LLC
(435) 254-0540
Listed By:
Catherine Clausing
Source:
Liftrealty
Added: Oct 28
Changed: Nov 8
Last Checked: Nov 8 at 5:55AM
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 Key to Realty, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1953, this residential income property contains three separate units totaling 2,580 square feet. The building requires a complete renovation and is being sold as-is; the seller will make no repairs or improvements before closing.
The property is on a mixed-use lot in South Ogden. Buyers should independently verify the building area, condition, zoning, permitted uses, and any potential commercial use.
The property is on a mixed-use lot in South Ogden. Buyers should independently verify the building area, condition, zoning, permitted uses, and any potential commercial use.
Key Highlights
- Three separate residential units
- 2,580 square feet; county‑record measurement is an estimate
- Built in 1953
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,497
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,940
$509.9K
Cap Rate 7%
$364,243
$364.2K
Cap Rate 9%
$283,300
$283.3K
Market Conditions
NOI Build-Up for 2,580 SF
Gross rent
$40.2K $15.60/SF
− Vacancy
−$3.8K −$1.48/SF
EGI
$36.4K $14.12/SF
− OpEx
−$10.9K −$4.24/SF
NOI
$25.5K $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%
$509,940
Cap Rate 7%
$364,243
Cap Rate 9%
$283,300
Alternative Uses
Best Use
Multifamily LT 5
$364.2K
$318.7K – $425.0K
NOI $25,497 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$317.5K
$277.8K – $370.4K
NOI $22,222 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$595.1K
$520.7K – $694.2K
NOI $41,654 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
997
Businesses Nearby
Explore this area
Business Placement
Demographics for 84405, UT
34,285
Population
12,645
Households
2.7
Avg Household Size
33
Median Age
31%
College-Educated
95%
High-School Grad
18.5 sq mi
ZIP Area
1,853
Density / Sq Mi
$84,488
Median Household Income
$44,508
Median Earnings
$1,266
Median Rent
$386,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - The property is offered as-is for renovation, with commercial-use feasibility and zoning subject to buyer due diligence.
Where is this triplex located?
The property is located at 356 39TH ST South Ogden, UT.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Three separate residential units; 2,580 square feet; county‑record measurement is an estimate; Built in 1953
