24-Unit Apartment
For Sale
$3,395,000
4530 HARRISON BLVD, Ogden, UT 84403
Two residential buildings offer a mix of one- and two-bedroom apartments with on-site parking and select private courtyards.
Property Size19,520 SF
Lot Size1.00 Acre
Price / SF$173.92
Days on Market9
Property Features for 4530 HARRISON BLVD
General Information
Standard status
Active
Size
19,520 SF
Total Parking Spaces
48
Lot size
1.00 Acre
Property subtype
> 4 Units
Site & Location
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
14 x 2BR, 10 x 1BR
Multifamily Units
24
Parking per Unit
2
Amenities
central heating and air conditioning
mature landscaping
private courtyards
washer/dryer hookups
exterior storage sheds
Building Details
Building Size
19,520 SF
Year Built
1969
Buildings
2
Listing Agency:
Equity Real Estate (Results)
(801) 610-9394
Listed By:
Spencer W Webber
(800) 785-9995
Source:
Liftrealty
Added: Oct 23
Changed: Oct 30
Last Checked: Oct 30 at 3:39PM
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 Equity Real Estate (Results)
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Investment Insights
Based on property information with market context.
The Ogden property comprises two residential buildings: one with three stories and another with two. Together, they contain 24 apartments, including 14 two-bedroom units and 10 one-bedroom units. The site covers approximately 1 acre and has 48 parking spaces. Central heating and air conditioning serve the buildings; some apartments also have private courtyards, washer/dryer hookups, and exterior storage sheds. Mature landscaping is present across the grounds.
At 4530 Harrison Boulevard, the property is adjacent to Weber State University and the Dee Events Center, and next to a UTA bus hub. Nearby destinations include shopping centers, grocery stores, restaurants, and McKay-Dee Hospital.
At 4530 Harrison Boulevard, the property is adjacent to Weber State University and the Dee Events Center, and next to a UTA bus hub. Nearby destinations include shopping centers, grocery stores, restaurants, and McKay-Dee Hospital.
Key Highlights
- 24 apartments: 14 two‑bedroom units and 10 one‑bedroom units
- Two residential buildings, one three stories and one two stories
- Approximately 1 acre with 48 on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$168,126
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,362,520
$3.4M
Cap Rate 7%
$2,401,800
$2.4M
Cap Rate 9%
$1,868,067
$1.9M
Market Conditions
NOI Build-Up for 19,520 SF
Gross rent
$339.6K $17.40/SF
− Vacancy
−$34.0K −$1.74/SF
EGI
$305.7K $15.66/SF
− OpEx
−$137.6K −$7.05/SF
NOI
$168.1K $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%
$3,362,520
Cap Rate 7%
$2,401,800
Cap Rate 9%
$1,868,067
Alternative Uses
Best Use
Apartment 5plus
$2.40M
$2.10M – $2.80M
NOI $168,126 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.50M
$3.94M – $5.25M
NOI $315,150 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
24
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,477
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?
Apartment building - Two residential buildings offer a mix of one- and two-bedroom apartments with on-site parking and select private courtyards.
Where is this apartment building located?
The property is located at 4530 HARRISON BLVD Ogden, UT.
What is the asking price?
The asking price for this property is $3,395,000.
What are key features of this property?
This property features: 24 apartments: 14 two‑bedroom units and 10 one‑bedroom units; Two residential buildings, one three stories and one two stories; Approximately 1 acre with 48 on‑site parking spaces
