Move-In Ready Duplex
For Sale
$404,000
541 COOK ST, Ogden, UT 84404
Two-unit duplex with updated interiors, fenced yards, and driveway parking for multiple vehicles.
Property Size1,936 SF
Price / SF$208.68
Days on Market181
Property Features for 541 COOK ST
General Information
Standard status
Active
Size
1,936 SF
Total Parking Spaces
6
Property subtype
Duplex
Additional Details
Fenced Yard
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,461
Amenities
fenced front and back yards
3
Laminate, Carpet
Electric Dryer
Asphalt
Partial
Fenced Yard.
Mountain
0.0x0.0x0.0
Sidewalks. Paved Road.
Building Details
Year Built
1918
Listing Agency:
Realtypath LLC
(801) 386-5908
Listed By:
Yung Coburn
(801) 739-0617
Source:
Xome
Added: Feb 9
Changed: Aug 8
Last Checked: Aug 8 at 4:29AM
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 Realtypath LLC
Investment Insights
Based on property information with market context.
This move-in ready duplex includes two residential units: a one-bedroom unit and a three-bedroom unit. The three-bedroom unit has recent updates including new electrical panels, a new water heater, new carpet, new paint, and new window treatments. The one-bedroom unit has been updated with a new electrical panel, a new water heater, new carpet, and freshly updated kitchen cabinets.
The property offers fenced front and back yards and driveway parking for up to 5–6 vehicles. Current income is referenced in the remarks, with the one-bedroom unit noted as leased, and the three-bedroom unit noted as either rented or owner-occupied per the provided information.
Additional details such as square footage are described as estimates only, and buyers are advised to obtain an independent measurement.
The property offers fenced front and back yards and driveway parking for up to 5–6 vehicles. Current income is referenced in the remarks, with the one-bedroom unit noted as leased, and the three-bedroom unit noted as either rented or owner-occupied per the provided information.
Additional details such as square footage are described as estimates only, and buyers are advised to obtain an independent measurement.
Key Highlights
- Two‑unit duplex (1918) with one 1‑bedroom unit and one 3‑bedroom unit
- 1‑bedroom unit currently rented at $1,650/month (long‑term tenant)
- 3‑bedroom unit is rented at $2,200 or can be owner‑occupied and move‑in ready
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,133
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$382,660
$382.7K
Cap Rate 7%
$273,329
$273.3K
Cap Rate 9%
$212,589
$212.6K
Market Conditions
NOI Build-Up for 1,936 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$30.2K $15.60/SF
− Vacancy
−$2.9K −$1.48/SF
EGI
$27.3K $14.12/SF
− OpEx
−$8.2K −$4.24/SF
NOI
$19.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$382,660
Cap Rate 7%
$273,329
Cap Rate 9%
$212,589
Alternative Uses
Best Use
Multifamily LT 5
$273.3K
$239.2K – $318.9K
NOI $19,133 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$238.2K
$208.4K – $277.9K
NOI $16,675 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$446.5K
$390.7K – $521.0K
NOI $31,257 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
Explore this area
Business Placement
Demographics for 84404, UT
66,382
Population
23,907
Households
2.8
Avg Household Size
32
Median Age
22%
College-Educated
89%
High-School Grad
96.3 sq mi
ZIP Area
689
Density / Sq Mi
$81,917
Median Household Income
$42,844
Median Earnings
$1,304
Median Rent
$352,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex with updated interiors, fenced yards, and driveway parking for multiple vehicles.
Where is this duplex located?
The property is located at 541 COOK ST Ogden, UT.
What is the asking price?
The asking price for this property is $404,000.
What are key features of this property?
This property features: Two‑unit duplex (1918) with one 1‑bedroom unit and one 3‑bedroom unit; 1‑bedroom unit currently rented at $1,650/month (long‑term tenant); 3‑bedroom unit is rented at $2,200 or can be owner‑occupied and move‑in ready
