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Joe Pierson

joe@joepiersongroup.com +1(801) 400-2870

$ 1,150,000

Est. payment | -/mo

10 Beds

5 Baths

4,860 SqFt

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$ 1,150,000

Est. payment | -/mo

Save

10 Beds

5 Baths

4,860 SqFt

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,860 sqft

Price per Sqft $236

MLS Listing ID 2180669

Style Stories: 2

Bedrooms 10

Construction Status Blt./Standing

HOA Y/N No

Year Built 1929

Annual Tax Amount $3,171

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

Rare opportunity to own a highly updated 5-plex with established nightly rental income and significant upside. Two units are currently operating as successful nightly rentals, two more have been fully remodeled and are nearly ready to launch, and the fifth is occupied month-to-month at $1,200/month. Gross potential income is approximately $98,000+ annually. Originally built in 1929, this property underwent a major renovation in 2001 including new electrical, plumbing, insulation, and more. Ownership has continued to invest heavily in the building with a newer Slant/Fin boiler, high-efficiency Carrier heat pumps, and an 80-gallon commercial water heater. Two heat pumps were replaced under warranty in summer 2026. Strong short-term rental potential, and major systems already updated make this an unusually low-maintenance investment. For investors seeking STR income, there may also be attractive cost segregation and accelerated depreciation opportunities under current tax law. Buyer to verify tax benefits with their advisor. A lot of the hard work has already been done.

Location

State UT

County Weber

Area Ogdn; W Hvn; Ter; Rvrdl

Zoning Multi-Family

Interior

Interior Features Basement Apartment, Disposal, Kitchen: Updated, Range/Oven: Free Stdng.

Heating Heat Pump, Hot Water, Hydronic

Flooring Carpet

Fireplace No

Window Features Blinds,Full

Exterior

Exterior Feature Basement Entrance, Double Pane Windows, Lighting

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected

View Y/N Yes

View Mountain(s)

Roof Type Rubber

Present Use Residential

Topography Curb & Gutter, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain

Total Parking Spaces 7

Private Pool No

Building

Lot Description Curb & Gutter, Sidewalks, Sprinkler: Auto-Full, View: Mountain

Faces West

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Architectural Style Stories: 2

Structure Type Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Odyssey

Middle Schools Mount Ogden

High Schools Ogden

School District Ogden

Others

Senior Community No

Tax ID 05-117-0002

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Equity Real Estate (Select)

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(801) 400-2870

joe@joepiersongroup.com

731 E 2200 N, Lehi, UT 84043

3508 S WASHINGTON BLVD E Ogden, UT 84403

Joe Pierson

Key Details

Location

Interior

Exterior

Building

Schools

Others

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3508 S WASHINGTON BLVD E