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Front-and-Back Duplex with Updates
For Sale
$499,900

983 29TH ST, Ogden, UT 84403

Two residential units provide distinct layouts with recent appliance, furnace, HVAC, water heater, and cabinet improvements.

Property Size2,576 SF
Price / SF$194.06
Days on Market51

Property Features for 983 29TH ST

General Information

Standard status Active
Size 2,576 SF
Property subtype Duplex

Units

Unit Mix 1 x 2BR/1BA, 1 x 4BR/2BA
Multifamily Units 2

Building Details

Building Size 2,576 SF
Year Built 1936
Listing Agency: Coldwell Banker Realty (South Ogden)
Listed By: Mandi Lee
Source: Liftrealty
Added: Aug 17 Changed: Oct 6 Last Checked: Oct 5 at 7:03PM

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 Coldwell Banker Realty (South Ogden)

Investment Insights

Based on property information with market context.

Built in 1936, this 2,576-square-foot duplex is arranged as two separate residential units with front and rear orientations. The unit facing Jackson Avenue includes 2 bedrooms, 1 bathroom, a furnace installed in 2023, and appliances installed in 2023.

The second unit, oriented toward 29th Street, offers 4 bedrooms, 2 bathrooms, two family rooms, and laundry hookups. Its improvements include appliances added in February 2024, a water heater installed in 2022, kitchen cabinets added in 2024, and an HVAC system installed in 2024. The property is located at 983 29TH ST in Ogden, Utah.

Key Highlights

  • 2,576‑square‑foot duplex built in 1936
  • Two‑unit front‑and‑back configuration with separate Jackson Avenue and 29th Street orientations
  • Unit 1 includes 2 bedrooms, 1 bathroom, a 2023 furnace, and 2023 appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,458
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,160 $509.2K
Cap Rate 7%
$363,686 $363.7K
Cap Rate 9%
$282,867 $282.9K
Market Conditions
NOI Build-Up for 2,576 SF
Gross rent
$40.2K $15.60/SF
− Vacancy
−$3.8K −$1.48/SF
EGI
$36.4K $14.12/SF
− OpEx
−$10.9K −$4.24/SF
NOI
$25.5K $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%
$509,160
Cap Rate 7%
$363,686
Cap Rate 9%
$282,867

Alternative Uses

Best Use
Multifamily LT 5
$363.7K
$318.2K – $424.3K (±1% cap)
NOI $25,458 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$317.0K
$277.3K – $369.8K (±1% cap)
NOI $22,187 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$594.1K
$519.9K – $693.2K (±1% cap)
NOI $41,589 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Big Box & Wholesale Store Tech Support Center Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

378
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units provide distinct layouts with recent appliance, furnace, HVAC, water heater, and cabinet improvements.
Where is this duplex located?
The property is located at 983 29TH ST Ogden, UT.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 2,576‑square‑foot duplex built in 1936; Two‑unit front‑and‑back configuration with separate Jackson Avenue and 29th Street orientations; Unit 1 includes 2 bedrooms, 1 bathroom, a 2023 furnace, and 2023 appliances
More about this property
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