3508 S Washington Blvd E, Ogden, UT 84403

$1,150,000
10
BD
5
BA
4,860
SqFt

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List Price
$1,150,000
Status
ACTIVE
MLS#
2180669
Days on Market
0
Year Built
1929
Bedrooms
10
Bathrooms
5
Square Feet
4,860
Parcel Number
05-117-0002
Acres
0.15
Terms
Cash, Conventional
County
Weber
Region
Ogdn; W Hvn; Ter; Rvrdl

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.

Additional Information

Taxes
$3,171
Exterior Features
Basement Entrance, Double Pane Windows, Lighting
Interior Features
Basement Apartment, Disposal, Kitchen: Updated, Range/Oven: Free Stdng.
Floor
Carpet
Heating
Heat Pump, Hot Water, Hydronic
Roof
Rubber
School District
Ogden
Elementary School
Odyssey
Middle School
Mount Ogden
High School
Ogden
Style
Stories: 2
Living Area
4,860

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Calculator source: Real Geeks

Listing courtesy of Equity Real Estate (Select).

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