Duplex With Updated
For Sale
$450,000
705 OGDEN Ave, Ogden, UT 84404
Residential, Ogden, UT
Property Size1,755 SF
Lot Size0.18 Acres
Price / SF$256.41
Days on Market101
Property Features for 705 OGDEN Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Single-Family
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 4
Parking
4
Parking features
Covered
Patio and Porch features
Patio
Interior features
Kitchen: Updated, Range: Gas, Granite Countertops
Exterior features
Patio: Open
Lot features
Corner Lot, Sidewalks, Sprinkler: Manual- Full
Elementary school
Bonneville
Middle school
Highland
High school
Ben Lomond
Elementary school district
Ogden
Middle school district
Ogden
High school district
Ogden
Subdivision
Ogdn; FarrW; Hrsvl; Pln Cty.
Standard status
Active
APN
12-085-0027
Size
1,755 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Annual Amount
2575
Utilities
Heating system
Natural Gas, Central
Building Details
Year built
1969
Number of units
2
Flooring type
Laminate
Building materials
Brick
Roof type
Aluminum
Architectural style
Other
Listing Agency:
Signature Group Real Estate · Realty ONE Group
(801) 208-3800
Listed By:
Yesenia Gonzalez
(385) 261-6211
Added: Jun 25
Changed: Sep 24
Last Checked: Oct 3 at 10:06PM
MLS# 2168024
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 two-unit residential property provides 1,755 square feet on a 0.18-acre lot. The duplex was remodeled and includes updated kitchens, granite countertops, laminate flooring, central natural-gas heating, and a gas range. The building is constructed of brick and has an aluminum roof, covered parking, and an open patio. The room inventory includes four bedrooms and two bathrooms.
The property is located near Weber State University, restaurants, shopping, recreation, and major roads. Single-Family zoning is identified for the parcel. Its two-unit configuration offers flexibility for an owner occupant or residential income use, subject to applicable requirements.
The property is located near Weber State University, restaurants, shopping, recreation, and major roads. Single-Family zoning is identified for the parcel. Its two-unit configuration offers flexibility for an owner occupant or residential income use, subject to applicable requirements.
Key Highlights
- Duplex with 1,755 square feet on a 0.18‑acre lot
- Remodeled interior with updated kitchens and granite countertops
- Four bedrooms and two bathrooms
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
$17,344
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
3.85%
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%
$346,880
$346.9K
Cap Rate 7%
$247,771
$247.8K
Cap Rate 9%
$192,711
$192.7K
Market Conditions
NOI Build-Up for 1,755 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
$27.4K $15.60/SF
− Vacancy
−$2.6K −$1.48/SF
EGI
$24.8K $14.12/SF
− OpEx
−$7.4K −$4.24/SF
NOI
$17.3K $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%
$346,880
Cap Rate 7%
$247,771
Cap Rate 9%
$192,711
Alternative Uses
Best Use
Multifamily LT 5
$247.8K
$216.8K – $289.1K
NOI $17,344 @ 7.0% cap · market cap 3.85%
Second Best
Apartment 5plus
$215.9K
$189.0K – $251.9K
NOI $15,116 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$404.8K
$354.2K – $472.2K
NOI $28,334 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
657
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with granite countertops, a gas range, covered parking, and an open patio.
Where is this duplex located?
The property is located at 705 OGDEN Ave Ogden, UT.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Duplex with 1,755 square feet on a 0.18‑acre lot; Remodeled interior with updated kitchens and granite countertops; Four bedrooms and two bathrooms
