Side-by-Side
New
For Sale
$449,000
959 E 1225 N, Ogden, UT 84404
One residence is vacant with recent interior updates, while the other is occupied under a month-to-month rental arrangement.
Property Size2,200 SF
Price / SF$204.09
Days on Market3
Property Features for 959 E 1225 N
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1987
Listing Agency:
Equity Real Estate
Listed By:
Wiser Real Estate
(801) 930-0214
Source:
Wiserhomesearch
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 20 at 8:21PM
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
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Investment Insights
Based on property information with market context.
This side-by-side duplex contains two residences, each configured with 3 bedrooms and 1.5 bathrooms. The building totals 2,200 square feet and was built in 1987. One unit is vacant and has received new carpet, fresh paint, and replacement doors. The second unit is rented on a month-to-month basis, providing an existing rental arrangement with flexible term structure.
The property is in Ogden, near Weber State University, downtown, shopping, dining, and outdoor recreation. Mountain views are also noted.
The property is in Ogden, near Weber State University, downtown, shopping, dining, and outdoor recreation. Mountain views are also noted.
Key Highlights
- Two side‑by‑side units, each with 3 bedrooms and 1.5 bathrooms
- 2,200‑square‑foot duplex built in 1987
- Vacant unit features new carpet, fresh paint, and new doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,742
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,840
$434.8K
Cap Rate 7%
$310,600
$310.6K
Cap Rate 9%
$241,578
$241.6K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$34.3K $15.60/SF
− Vacancy
−$3.3K −$1.48/SF
EGI
$31.1K $14.12/SF
− OpEx
−$9.3K −$4.24/SF
NOI
$21.7K $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%
$434,840
Cap Rate 7%
$310,600
Cap Rate 9%
$241,578
Alternative Uses
Best Use
Multifamily LT 5
$310.6K
$271.8K – $362.4K
NOI $21,742 @ 7.0% cap · market cap 4.84%
Second Best
Apartment 5plus
$270.7K
$236.9K – $315.8K
NOI $18,949 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$507.4K
$444.0K – $592.0K
NOI $35,519 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is vacant with recent interior updates, while the other is occupied under a month-to-month rental arrangement.
Where is this duplex located?
The property is located at 959 E 1225 N Ogden, UT.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Two side‑by‑side units, each with 3 bedrooms and 1.5 bathrooms; 2,200‑square‑foot duplex built in 1987; Vacant unit features new carpet, fresh paint, and new doors
