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Updated Two-Unit Duplex
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 Market52

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, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3
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 Carpet, Linoleum, Vinyl
Building materials Brick
Roof type Asphalt
Architectural style Other
Listing Agency: KW WESTFIELD · Keller Williams Realty
Listed By: Colby Kerr
Added: Aug 16 Changed: Sep 13 Last Checked: Oct 6 at 2:06PM
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.

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.

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 (±1% cap)
NOI $18,204 @ 7.0% cap · market cap 3.83%
Second Best
Apartment 5plus
$226.6K
$198.3K – $264.4K (±1% cap)
NOI $15,865 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$424.8K
$371.7K – $495.7K (±1% cap)
NOI $29,739 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Gym & Fitness Center HVAC Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

238
Businesses Nearby

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
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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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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
More about this property
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