Two-Unit Residential Income
3766 S ORCHARD E AVE South Ogden, UT 84403
3766 S ORCHARD E AVE, South Ogden, UT, 84403
$425,000
Pending
For Sale
$425,000
Pending
Two separate units offer 2 bedrooms each, central air, patios, and carport parking on individual street addresses.
Property Size1,900 SF
Days on Market435
Property Features for 3766 S ORCHARD E AVE
General Information
- Standard status
- Pending
- Size
- 1,900 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1959
Listing agency
Jason Mitchell Real Estate Utah LLC
(801) 941-0124
Listed by
Ralph Nelson · License #5457232
(801) 941-0124
Source
Exitrealty
Added: May 13, 2025 Updated: Jul 21 at 7:53AM Checked: Jul 21 at 7:53AM
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 Jason Mitchell Real Estate Utah LLC
Investment Insights
Based on property information with market context.
This two-unit duplex is configured as two separate residential income units. Unit One features 2 bedrooms, 1 full bath, central air, a patio, a fenced front yard, and a 1-car carport. Unit Two offers 2 bedrooms, 1 full bath, a fireplace, central air, a patio, and a carport.
Each unit is located on its own street address, with Unit One listed at 3765 Madison Ave and Unit Two at 3766 Orchard Ave.
The property is being offered for sale and is described as an owner-occupied rental investment opportunity.
Each unit is located on its own street address, with Unit One listed at 3765 Madison Ave and Unit Two at 3766 Orchard Ave.
The property is being offered for sale and is described as an owner-occupied rental investment opportunity.
Key Highlights
- 1959‑built two‑unit property with separate street addresses: 3765 Madison Ave and 3766 Orchard Ave
- Each unit offers 2 bedrooms and 1 full bath
- Central air in both units
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 | $29.6k | $15.60 |
| − Vacancy | −$2.8k | −$1.48 |
| EGI | $26.8k | $14.12 |
| − OpEx | −$8.0k | −$4.24 |
| NOI | $18.8k | $9.88 |
1,900 SF · lease $15.60/SF/yr · vacancy 9.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$268.2K
$234.7K – $313.0K
NOI $18,777 @ 7.0% cap · market cap 4.42%
Second Best
Apartment 5plus
$233.8K
$204.6K – $272.8K
NOI $16,365 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$438.2K
$383.4K – $511.3K
NOI $30,675 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate units offer 2 bedrooms each, central air, patios, and carport parking on individual street addresses.
Where is this duplex located?
The property is located at 3766 S ORCHARD E AVE South Ogden, UT.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1959‑built two‑unit property with separate street addresses: 3765 Madison Ave and 3766 Orchard Ave; Each unit offers 2 bedrooms and 1 full bath; Central air in both units
