Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Realty
Property view
Listing view 2
Listing view 3

667 30th St, 
Ogden, UT 84403

$1,250,000


12

Beds


10

Baths


8,220

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

David A Galant

Pathway Properties, LLC.

385-423-8589

Last updated:

June 23, 2025, 11:00 AM

MLS#

2070892

Source:

SL

About This Home

667 30th St

This exceptional investment opportunity presents the chance to acquire a property of two multifamily properties totaling 9 units, constructed in 1949, situated in the highly sought-after Ogden area. These buildings are located in a prime central Ogden location, providing convenient access to essential amenities and local attractions. The properties consist of one studio, four 1BD/1BA units, three 2BD/1BA units, and one 2BD/2BA unit. The current owners have proactively maintained the properties, with numerous improvements completed in recent years. These include: Seven of the 9 units have seen partial renovations in recent years, with three units fully updated in 2024. Even with 7 of the 9 units partially or fully renovated within the past 1-5 years, there is still tremendous opportunity to enhance the property value further. Additionally, 4 units are currently on month-to-month leases, making it easy to bring rents up to market rate quickly. In 2024, average the vacancy rate for this property was 30.6%, significantly higher than the Ogden area's average of 5.6% (according to Yardi Matrix). By reducing vacancy to 7% while maintaining current expenses, the property could achieve a 6.11% cap rate at the asking price. Additionally, with market rents in place, the property has the potential for a 7.48% cap rate. VALUE-ADD OPPORTUNITIES: The property, located on a 0.574-acre corner lot, offers ample vacant land suitable for storage units and tenant amenities. Rental Rate Growth: Current rental rates are below market averages, with the potential to increase rents significantly. By getting the vacancy rate closer to market, updating the remaining units, introducing storage units, and implementing tenant amenities, this property presents substantial opportunities

Home Facts

Multi-Family

10 Baths

12 Bedrooms

Built in 1949

Price Summary

1,250,000

$152 per Sq. Ft.

MLS #:

2070892

Last Updated:

June 23, 2025, 11:00 AM

Added:

3 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

12

Bathrooms

Total Bathrooms:

10

Interior

Living Area:

8,220 Sq. Ft.


Structure

Structure

Building Area:

8,220 Sq. Ft.

Year Built:

1949


Lot

Lot Size (Sq. Ft):

24,829


Finances & Disclosures

Finances

Price:

$1,250,000

Price per Sq. Ft:

$152 per Sq. Ft.

Source:SL
The information being provided by Wasatch Front Regional MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Wasatch Front Regional MLS All rights reserved.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.