1 / 55

> 4 Units

$350,000 reduction

Active

208Days on Market

$2,150,000

$404/sqft+3.6%/yrHome values in the 84403 zip code have grown an average of 3.6% per year over the last 5 years.

$2,500,000↓$350,000 (14%)Aug 7

Mountain ViewCorner Lot

Price history — protected

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About This Property

Excellent investment opportunity at 1165 Edgewood Dr, a 12-unit multifamily complex located in the heart of Ogden, currently bringing in over 185K in annual revenue, Priced at a 6 CAP as is!!! All units are currently rented, providing immediate cash flow from day one. Several of the units have been updated and remodeled, offering a strong blend of stabilized income with upside potential through continued interior improvements and rent optimization. The property features a well-balanced unit mix, long-term tenant demand, and a proven rental history. Recent updates in select units enhance overall appeal while leaving room for a value-add strategy for future ownership. Ideal for both seasoned investors and portfolio builders seeking a solid, income-producing asset in a growing Northern Utah market. Conveniently located near major commuter routes, local employers, shopping, dining, and recreation, this property benefits from consistent rental demand. Professional management in place makes this a smooth transition for a new owner, whether self-managing or continuing third-party management. **Do not disturb tenants.** Financials available upon request. This is a rare opportunity to acquire a fully occupied, multi-unit property with both stability and upside in Ogden.

Property Features

Heating

Forced Air,Gas: Central

Flooring

Carpet,Linoleum,Tile,Vinyl

Laundry

Electric Dryer Hookup

Interior Features

Disposal,Range/Oven: Free Stdng.,Dishwasher: Built-In

Parking

Covered,Parking: Uncovered

Unit Breakdown

Type 1×8

2 bed · 2 bath · Square Feet: 1216

$1,100/mo each

= $8,800/mo

Type 2×4

1 bed · 1 bath · Square Feet: 722

$900/mo each

= $3,600/mo

Total Actual Rent(12 units)

$12,400/mo

Location

Estimated Monthly Payment

$12,390/mo

Down Payment$430,000 (20%)

Principal & Interest$10,904

Property Tax$1,083/mo

Insurance (est.)$403/mo

Est. Total$12,390/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

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MLS# 2133935• Tax ID: 06-033-0001

Courtesy of Jordy Clark, KW Utah Realtors Keller Williams · 801-857-5383 · jordyclarkre@gmail.com

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.