Corner-Lot
For Sale
$359,900
668 E 37th St, Ogden, UT 84403
Two-unit property includes a studio-style second residence and parking for multiple vehicles.
Property Size1,840 SF
Price / SF$195.60
Days on Market90
Property Features for 668 E 37th St
General Information
Standard status
Active
Size
1,840 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x studio
Multifamily Units
2
Building Details
Year Built
1962
Buildings
1
Listing Agency:
Iconic: Realty Network, LLP
Listed By:
Michael McGee, JEREMY CRIVELLO
(801) 643-0351
Source:
Buysalty
Added: Jul 17
Changed: Oct 7
Last Checked: Oct 12 at 10:07PM
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 Iconic: Realty Network, LLP
Investment Insights
Based on property information with market context.
This duplex contains 1,840 square feet on a corner parcel measuring nearly one-quarter acre. The second unit is arranged as a studio, while interior finishes include tile, laminate, and carpet along with walk-in closets, window blinds, and double-pane windows. Built-in range/oven equipment, an electric dryer, and smoke and fire alarm systems are also included.
The property is located at 668 37TH in Ogden, Utah. Exterior improvements include asphalt surfaces, eight parking spaces, RV parking, a paved road, an outbuilding, and a sprinkler system. The combination of a two-unit layout, studio configuration, and existing parking supports flexible residential use.
The property is located at 668 37TH in Ogden, Utah. Exterior improvements include asphalt surfaces, eight parking spaces, RV parking, a paved road, an outbuilding, and a sprinkler system. The combination of a two-unit layout, studio configuration, and existing parking supports flexible residential use.
Key Highlights
- Duplex with 1,840 square feet of building area
- Nearly 1/4‑acre corner lot
- Second unit configured as a studio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,184
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,680
$363.7K
Cap Rate 7%
$259,771
$259.8K
Cap Rate 9%
$202,044
$202.0K
Market Conditions
NOI Build-Up for 1,840 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%
$363,680
Cap Rate 7%
$259,771
Cap Rate 9%
$202,044
Alternative Uses
Best Use
Multifamily LT 5
$259.8K
$227.3K – $303.1K
NOI $18,184 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$226.4K
$198.1K – $264.1K
NOI $15,848 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$424.4K
$371.3K – $495.1K
NOI $29,707 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
716
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property includes a studio-style second residence and parking for multiple vehicles.
Where is this duplex located?
The property is located at 668 E 37th St Ogden, UT.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Duplex with 1,840 square feet of building area; Nearly 1/4‑acre corner lot; Second unit configured as a studio
