1165 EDGEWOOD, Ogden, UT 84403
20BD/—BA Residential in Ogden, UT 84403. 5,320 sqft. Built 1968. Listed at $2,250,000. MLS #2133935.
20BD/—BA Residential in Ogden, UT 84403. 5,320 sqft. Built 1968. Listed at $2,250,000. MLS #2133935.
$2,250,000
Originally listed at $2,500,000
Excellent investment opportunity at 1165 Edgewood Dr, a 12-unit multifamily complex located in the heart of Ogden, currently bringing in over 185K in annual revenue, All units are currently rented, providing immediate cash flow from day one. Several of the units have been updated and remodeled, offering a strong blend of stabilized income with upside potential through continued interior improvements and rent optimization. The property features a well-balanced unit mix, long-term tenant demand, and a proven rental history. Recent updates in select units enhance overall appeal while leaving room for a value-add strategy for future ownership. Ideal for both seasoned investors and portfolio builders seeking a solid, income-producing asset in a growing Northern Utah market. Conveniently located near major commuter routes, local employers, shopping, dining, and recreation, this property benefits from consistent rental demand. Professional management in place makes this a smooth transition for a new owner, whether self-managing or continuing third-party management. **Do not disturb tenants.** Financials available upon request with an accepted offer. This is a rare opportunity to acquire a fully occupied, multi-unit property with both stability and upside in Ogden.
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Side By Side
Subdivision
OXFORD PLACE SUBDIVI
County
Weber
Zoning
Multi-Family
Construction
Aluminum,Brick
Lot Size
0.56 sq ft
Condition
Blt./Standing
MLS #
2133935
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Side By Side
Subdivision
OXFORD PLACE SUBDIVI
County
Weber
Zoning
Multi-Family
Construction
Aluminum,Brick
Lot Size
0.56 sq ft
Condition
Blt./Standing
MLS #
2133935
List Price
$2,250,000
Original Price
$2,500,000
Annual Taxes
$13,000
Home Warranty
No
List Price
$2,250,000
Original Price
$2,500,000
Annual Taxes
$13,000
Home Warranty
No
Heating
Forced Air,Gas: Central
Roof
Asphalt
Flooring
Carpet,Linoleum,Tile,Vinyl
Materials
Aluminum,Brick
Laundry
Electric Dryer Hookup
Water Source
Culinary,Secondary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Gas: Central
Roof
Asphalt
Flooring
Carpet,Linoleum,Tile,Vinyl
Materials
Aluminum,Brick
Laundry
Electric Dryer Hookup
Water Source
Culinary,Secondary
Sewer
Sewer: Connected
View
Mountain(s)
Covered Spaces
12
Total Parking
12
Covered Spaces
12
Total Parking
12
Why this is a deal
Classification
Standard
Deal Score
85/100
vs Market Median
0% above
Price Reduced
10.0%
Area Growth (YoY)
9.3%
Deal Score Breakdown
85/100 · 2 qualifying signals
9.3% year-over-year ZHVI growth in this area
10% price reduction from original list — seller may be motivated
Priced 0% above the per-subtype city median
STR net cashflow -$9,073/mo (-59.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Not enough comparable listings
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Est. Annual Revenue
$106,677/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$9,073 /mo (−$108,871/yr)
Monthly STR income
Monthly ownership cost
Coverage
58%
Net /mo
−$9,073
DSCR
0.56
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$361,000
+523% vs median
65 days
292
$174,999 – $2,800,000
$13,000
High Crime
19.2
per 1,000
36.9
per 1,000
23.6
per 1,000
79.7
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
Select agents you’d like to hear from. They’ll be notified of your interest — your contact details stay private until you choose to respond.

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor

Daryn Edmunds - High Road Properties
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Built with AI to help you find your perfect home
Powered by AI • Secured by Supabase • Trusted by Agents