Updated Two-Unit
For Sale
$475,000
4332 S ADAMS Ave, South Ogden, UT 84403
Residential, South Ogden, UT
Property Size1,842 SF
Lot Size0.38 Acres
Price / SF$257.87
Days on Market63
Property Features for 4332 S ADAMS Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Multi-Family
Zoning description
R3
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 4
Parking features
Covered
Window features
Blinds
Interior features
Floor Drains, Kitchen: Updated, Range/Oven: Free Stdng.
Exterior features
Awning(s), Basement Entrance, Double Pane Windows, Lighting
Subdivision
LAKEVIEW ADDITION
Lot features
Curb & Gutter, Fenced: Part, Road: Paved, Sprinkler: Auto- Full, Terrain: Grad Slope
Elementary school
Burch Creek
Middle school
South Ogden
High school
Bonneville
Elementary school district
Weber
Middle school district
Weber
High school district
Weber
Standard status
Active
APN
06-047-0015
Size
1,842 SF
Lot size
0.38 Acres
Taxes and HOA fees
Tax Annual Amount
2673
Utilities
Heating system
Central, Natural Gas, Forced Air
Amenities
central air
in-unit laundry
Building Details
Year built
1920
Number of units
2
Flooring type
Vinyl, Linoleum, Carpet
Building materials
Brick
Roof type
Asphalt
Architectural style
Other
Listing Agency:
KW WESTFIELD · Keller Williams Realty
(801) 850-5600
Listed By:
Colby Kerr
(801) 350-1067
Added: Aug 16
Changed: Oct 16
Last Checked: Oct 17 at 12:06AM
MLS# 2179168
Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,842-square-foot duplex in South Ogden contains two residential units, each configured with 2 bedrooms and 1 bathroom. Built in 1920, the property includes laminate flooring, central air, updated kitchen areas, free-standing ranges, and appliances. Both units also have in-unit laundry, while separate gas service, electrical service, and water heaters support distinct utility arrangements. The brick building has a basement entrance, double-pane windows, covered parking, and an asphalt roof.
The property occupies 0.38 acres at 4332 S Adams Ave in South Ogden, Utah. The basement unit is leased through May 31, 2027, and the upstairs unit is vacant. The landlord covers water, sewer, and trash; tenants are responsible for gas and electric. The property is identified for Multi-Family zoning, with development and zoning matters subject to independent verification with the applicable local authorities.
The property occupies 0.38 acres at 4332 S Adams Ave in South Ogden, Utah. The basement unit is leased through May 31, 2027, and the upstairs unit is vacant. The landlord covers water, sewer, and trash; tenants are responsible for gas and electric. The property is identified for Multi-Family zoning, with development and zoning matters subject to independent verification with the applicable local authorities.
Key Highlights
- Two‑unit duplex totaling 1,842 square feet
- Each unit offers 2 bedrooms and 1 bathroom
- 0.38‑acre property in South Ogden, Utah
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,204
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,080
$364.1K
Cap Rate 7%
$260,057
$260.1K
Cap Rate 9%
$202,267
$202.3K
Market Conditions
NOI Build-Up for 1,842 SF
Gross rent
$28.7K $15.60/SF
− Vacancy
−$2.7K −$1.48/SF
EGI
$26.0K $14.12/SF
− OpEx
−$7.8K −$4.24/SF
NOI
$18.2K $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 Rate 5%
$364,080
Cap Rate 7%
$260,057
Cap Rate 9%
$202,267
Alternative Uses
Best Use
Multifamily LT 5
$260.1K
$227.6K – $303.4K
NOI $18,204 @ 7.0% cap · market cap 3.83%
Second Best
Apartment 5plus
$226.6K
$198.3K – $264.4K
NOI $15,865 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$424.8K
$371.7K – $495.7K
NOI $29,739 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
238
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-bedroom units include central air, appliances, and in-unit laundry.
Where is this duplex located?
The property is located at 4332 S ADAMS Ave South Ogden, UT.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,842 square feet; Each unit offers 2 bedrooms and 1 bathroom; 0.38‑acre property in South Ogden, Utah
