3508 S WASHINGTON BLVD E
Ogden, UT 84403
About
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.
Property
Beds
10
Full Baths
None
1/2 Baths
None
Year Built
1929
Sq.Footage
4,860
Features
Features & Amenities
Interior
-
Total Bedrooms
10
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Heat Pump, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Other Exterior Features
Lighting
-
Pool
No
-
Waterfront YN
NO
-
View
Mountain(s)
Area & Lot
-
Lot Size(acres)
0.15
-
Lot Size(square feet)
6,534
-
Property Type
Residential
-
Property Sub Type
Multi Family
-
Architectural Style
Stories: 2
Price
-
Sales Price
$1,150,000
-
Tax Amount
$3,171
-
Sq. Footage
4,860
-
Price/SqFt
$236
HOA
-
Association
No
Property Resources
-
Horse Property
NO
School District
-
Elementary School
Ogden
-
Middle School
Mount Ogden
-
High School
Ogden
Property Features
-
New Construction
NO
-
Senior Community YN
NO
-
Sewer
Public Sewer
Schedule
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Location
-
County
Weber
-
Elementary School
Ogden
-
Middle School
Mount Ogden
-
High School
Ogden
Listing Courtesy of Britain R Sorensen , Equity Real Estate (Select)
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Damon Luke
President / Real Estate Advisor
Call Damon today to schedule a private showing.
Phone (801) 477-7421
Email Damon@OnXrealty.com
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