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$599,000

For Sale

2 days ago

1070 40Th St, Ogden, UT

House

MLS® 2166591

5 Bed

2 Bath

376 sqft

0

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential
Size 376 sqft
Garage 
Taxes $3,530
Days Active 2
Lot Size 0.17 Acres
Approx. Age 1956
Avg. Price Per Sqft $1,593
MLS® Number 2166591

Property Address: 1070 40th St, Ogden, UT, 84403-2468

Average square foot calculated using Size range provided by listing agent.

Description

1070 40th Street is a mid-century duplex located in one of Ogden's more desirable residential neighborhoods, directly west of Weber State University. Built in 1956 and spanning 2, 572 square feet, the property consists of one 2-bedroom/1-bath unit and one oversized 3-bedroom/1-bath unit, offering a classic brick duplex profile with the scale and lot depth characteristic of the best workforce housing stock in the submarket. Unit 2 features recently updated flooring, and the property sits on a large grassy backyard, which is an uncommon amenity at this price point that adds tenant retention value and carport or storage expansion potential. The asset is offered in as-is, value-add condition, with both units presenting a clear renovation runway toward meaningfully higher rents. The value-add thesis is straightforward. Unit 2, the 3-bedroom, is currently leased at $1, 100 per month against a market median of $1, 700, a $600 monthly gap representing $7, 200 in annualized upside on a single unit. That lease was signed in January 2026 at the peak of seasonal vacancy softness in the Ogden market, and represents a below-market deal that rolls with the lease expiration. Upon turnover, a buyer can renovate and re-lease at or near market, capturing the full spread. Unit 1 at $1, 415 per month sits closer to market but similarly benefits from cosmetic renovation to push rents toward the 75th percentile. At $530, 000, this is a rare opportunity to acquire a well-located duplex in a supply-constrained submarket with a defined path to a sub-5% cap rate on repositioned rents.
MLS® Number2166591
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1956
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 19, 2026List Date
$599,000List Price
  • Commute

Commute

Starting Address
Destination Address
1070 40Th St, Ogden, UT

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