24-Unit Apartment
New
For Sale
$3,395,000
4530 HARRISON Blvd, Ogden, UT 84403
Residential, Ogden, UT
Property Size19,520 SF
Lot Size1.00 Acre
Price / SF$173.92
Days on Market6
Property Features for 4530 HARRISON Blvd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Commercial
Bedrooms
38
Bathrooms
24
Full bathrooms
24
Rooms
Bedroom 1, Bathroom 22, Bathroom 4, Bedroom 29, Bedroom 14, Bedroom 37, Bathroom 5, Bathroom 6, Bedroom 35, Bathroom 11, Bathroom 20, Bedroom 22, Bathroom 12, Bedroom 34, Bathroom 24, Bedroom 25, Bedroom 33, Bedroom 31, Bedroom 18, Bathroom 18, Bedroom 30, Bathroom 9, Bedroom 7, Bathroom 17, Bedroom 15, Bathroom 10, Bedroom 3, Bedroom 6, Bathroom 13, Bathroom 1, Bathroom 23, Bedroom 9, Bedroom 17, Bedroom 20, Bedroom 21, Bedroom 38, Bathroom 3, Bedroom 13, Bedroom 8, Bedroom 19, Bedroom 23, Bedroom 10, Bedroom 5, Bedroom 24, Bedroom 36, Bedroom 16, Bedroom 28, Bedroom 32, Bathroom 19, Bedroom 12, Bathroom 8, Bathroom 16, Bathroom 15, Bathroom 21, Bathroom 14, Bedroom 27, Bedroom 11, Bathroom 2, Bedroom 2, Bathroom 7, Bedroom 26, Bedroom 4
Parking
48
Parking features
Covered
Window features
Blinds
Patio and Porch features
Patio
Interior features
Alarm: Fire, Disposal, Range/Oven: Free Stdng.
Exterior features
Lighting, Sliding Glass Doors, Patio: Open
Lot features
Road: Paved, Sidewalks, Terrain: Grad Slope
Elementary school
Wasatch
Middle school
Mount Ogden
High school
Ogden
Elementary school district
Ogden
Middle school district
Ogden
High school district
Ogden
Subdivision
Ogdn; W Hvn; Ter; Rvrdl
Standard status
Active
APN
06-119-0009
Size
19,520 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Annual Amount
27800
Utilities
Heating system
Natural Gas, Forced Air, Central
Amenities
central heating and air conditioning
mature landscaping
private courtyards
washer/dryer hookups
exterior storage sheds
Building Details
Year built
1969
Number of units
24
Flooring type
Carpet, Tile, Laminate
Building materials
Brick
Roof type
Flat
Architectural style
Other
Buildings
2
Listing Agency:
Equity Real Estate (Results)
(801) 610-9394
Listed By:
Spencer W Webber
(800) 785-9995
Added: Oct 23
Changed: Oct 27
Last Checked: Oct 28 at 6:06AM
MLS# 2193290
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Investment Insights
Based on property information with market context.
The 24-unit property comprises two residential buildings: one with three stories and one with two. The apartment mix includes 14 two-bedroom units and 10 one-bedroom units. The property occupies approximately 1 acre and was built in 1969. Central heating and air conditioning serve the buildings, and 48 covered parking spaces are provided. Some apartments have private courtyards, washer and dryer hookups, and exterior storage sheds.
On Harrison Boulevard in Ogden, the property is adjacent to Weber State University and the Dee Events Center. A UTA bus hub is nearby, along with shopping centers, grocery stores, restaurants, and McKay-Dee Hospital. Zoning is Commercial.
On Harrison Boulevard in Ogden, the property is adjacent to Weber State University and the Dee Events Center. A UTA bus hub is nearby, along with shopping centers, grocery stores, restaurants, and McKay-Dee Hospital. Zoning is Commercial.
Key Highlights
- 24 apartment units: 14 two‑bedroom and 10 one‑bedroom
- Two buildings, one three‑story and one two‑story
- Approximately 1 acre; 48 covered 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.
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Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
1,477
Businesses Nearby
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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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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 near Weber State University.
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 apartment units: 14 two‑bedroom and 10 one‑bedroom; Two buildings, one three‑story and one two‑story; Approximately 1 acre; 48 covered parking spaces
