3746 WASHINGTON, South Ogden, UT 84403
19BD/—BA Residential in South Ogden, UT 84403. 12,613 sqft. Built 2026. Listed at $5,300,000. MLS #2144843.
19BD/—BA Residential in South Ogden, UT 84403. 12,613 sqft. Built 2026. Listed at $5,300,000. MLS #2144843.
$5,300,000
LOTTERY FIND! Under Construction multifamily in opportunity zone. Purchase before completion to take full advantage of final year of original opportunity zones. Project will be complete this year in time for a Cost Seg to offset capital gains. Listed at a 5.25 cap rate. Located on a main traffic corridor in South Ogden in the up & coming downtown core area. Sperry Station fits well with South Ogden's master plan and brings efficient living to the area. In addition to being close to Weber State University, it is close to many places of employment including 6 minutes to Ogden Regional Medical Center & 10 minutes to McKay-Dee Hospital. SCHEDULED COMPLETION SEPT 1 2026. Projected rents & Budget from Cornerstone Property Managment. See Attached.
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 3
County
Weber
Zoning
Multi-Family
Lot Size
0.39 sq ft
MLS #
2144843
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 3
County
Weber
Zoning
Multi-Family
Lot Size
0.39 sq ft
MLS #
2144843
List Price
$5,300,000
Annual Taxes
$27,859
Home Warranty
No
List Price
$5,300,000
Annual Taxes
$27,859
Home Warranty
No
Flooring
Carpet
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Flooring
Carpet
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
0
Total Parking
31
Covered Spaces
0
Total Parking
31
Why this is a deal
Classification
Standard
Deal Score
75/100
vs Market Median
6% below
Area Growth (YoY)
7.8%
Deal Score Breakdown
75/100 · 2 qualifying signals
7.8% year-over-year ZHVI growth in this area
Priced 6% below the per-subtype city median
STR net cashflow -$28,367/mo (-78.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
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
$130,730/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$28,368 /mo (−$340,414/yr)
Monthly STR income
Monthly ownership cost
Coverage
30%
Net /mo
−$28,367
DSCR
0.29
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$439,500
+1106% vs median
59 days
62
$169,000 – $1,250,000
$27,859
Moderate
11.2
per 1,000
22.2
per 1,000
13.2
per 1,000
46.6
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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