Renovated 12-Unit Apartment
For Sale
$1,699,000
420 20TH ST, Ogden, UT 84401
Three permitted apartment buildings offer updated interiors, modernized systems, and shared laundry facilities on one lot.
Property Size2 SF
Price / SF$305.74
Days on Market53
Property Features for 420 20TH ST
General Information
Standard status
Active
Size
2 SF
Property subtype
> 4 Units
Units
Unit Mix
7 x 1BR/1BA, 5 x studio/1BA
Multifamily Units
12
Additional Details
Road Access
Yes
Amenities
coin-op laundry
Building Details
Building Size
2 SF
Year Built
1936
Buildings
3
Listing Agency:
Rockwood & Company LLC
Listed By:
Clay Rockwood · License #7140473
(801) 809-5347
Source:
Liftrealty
Added: Sep 2
Changed: Oct 23
Last Checked: Oct 23 at 9:36AM
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 Rockwood & Company 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.
This 12-unit apartment property comprises three buildings on a single lot, with seven one-bedroom, one-bath apartments and five studio, one-bath apartments. Renovations included electrical service, interior and exterior panels and meters, plumbing, electric baseboard heat, tankless water heaters, kitchens, bathrooms, laminate flooring, lighting, hardware, and drywall. Work was permitted and inspected by Ogden City. The property contains 5,557 square feet and was built in 1936.
Building 412 includes a shared coin-operated laundry room serving the tenant base. The property is professionally managed by a third-party company, with management able to transfer. Street parking is available; the site has no off-street parking.
Building 412 includes a shared coin-operated laundry room serving the tenant base. The property is professionally managed by a third-party company, with management able to transfer. Street parking is available; the site has no off-street parking.
Key Highlights
- 12 units across three buildings on one lot
- Unit mix includes 7 one‑bed/1‑bath and 5 studio/1‑bath apartments
- Renovations permitted and inspected by Ogden City
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,862
Cap Rate
2.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$957,240
$957.2K
Cap Rate 7%
$683,743
$683.7K
Cap Rate 9%
$531,800
$531.8K
Market Conditions
NOI Build-Up for 5,557 SF
Gross rent
$96.7K $17.40/SF
− Vacancy
−$9.7K −$1.74/SF
EGI
$87.0K $15.66/SF
− OpEx
−$39.2K −$7.05/SF
NOI
$47.9K $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%
$957,240
Cap Rate 7%
$683,743
Cap Rate 9%
$531,800
Alternative Uses
Best Use
Apartment 5plus
$683.7K
$598.3K – $797.7K
NOI $47,862 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,718 @ 7.0% cap · market cap 5.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
12
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,565
Businesses Nearby
Explore this area
Business Placement
Demographics for 84401, UT
42,968
Population
18,615
Households
2.3
Avg Household Size
32
Median Age
26%
College-Educated
90%
High-School Grad
30.7 sq mi
ZIP Area
1,400
Density / Sq Mi
$77,333
Median Household Income
$41,295
Median Earnings
$1,179
Median Rent
$410,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Three permitted apartment buildings offer updated interiors, modernized systems, and shared laundry facilities on one lot.
Where is this apartment building located?
The property is located at 420 20TH ST Ogden, UT.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: 12 units across three buildings on one lot; Unit mix includes 7 one‑bed/1‑bath and 5 studio/1‑bath apartments; Renovations permitted and inspected by Ogden City
