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1070 40th St

Ogden, UT 84403
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Bed 5

Bed

Bath 2

Bath

Acres376

Acres

Acres0.17

Acre(Lot)

1070 40th Street is a mid-century duplex located in one of Ogden's more desirable residential neighborhoods, directly west of Weber State University. Built in 1956 and spanning 2,572 square feet, the property consists of one 2-bedroom/1-bath unit and one oversized 3-bedroom/1-bath unit, offering a classic brick duplex profile with the scale and lot depth characteristic of the best workforce housing stock in the submarket. Unit 2 features recently updated flooring, and the property sits on a large grassy backyard, which is an uncommon amenity at this price point that adds tenant retention value and carport or storage expansion potential. The asset is offered in as-is, value-add condition, with both units presenting a clear renovation runway toward meaningfully higher rents. The value-add th esis is straightforward. Unit 2, the 3-bedroom, is currently leased at $1,100 per month against a market median of $1,700, a $600 monthly gap representing $7,200 in annualized upside on a single unit. That lease was signed in January 2026 at the peak of seasonal vacancy softness in the Ogden market, and represents a below-market deal that rolls with the lease expiration. Upon turnover, a buyer can renovate and re-lease at or near market, capturing the full spread. Unit 1 at $1,415 per month sits closer to market but similarly benefits from cosmetic renovation to push rents toward the 75th percentile. At $530,000, this is a rare opportunity to acquire a well-located duplex in a supply-constrained submarket with a defined path to a sub-5% cap rate on repositioned rents.

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Detail Ic Property Details

Property Type : Residential

Price : $530,000

AD Id : 85529335

MLS Id : 2166591

Beds : 5

Lot Size : 0.17 Acre

Living Area Size : 376

Year Built : 1956

County : Weber

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 2
  • Heating & Cooling

    Heating: None Cooling: None

  • Building Information

    Year Built: 1956 Building Area Total: 376 Frontage Length: 0.0 Private Pool: No

  • Lot Information

    Lot Dimensions: 0.0x0.0x0.0 Main Square Feet: 0.17 Acres Lot Size Acres: 0.17 Lot Size Square Feet: 7405.2

  • Listing Price Information

    Listing Price: $530000

  • Tax Information

    Parcel Number: 06-076-0003 Annual Tax: $3530

  • School Information

    Elementary School: Wasatch
    Junior High School: Mount Ogden
    Senior High School: Ogden
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1057 Doxey St, Ogden, UT, 84403 $415,000 3 2 2,224 2,224 SqFt
1060 E Sullivan Rd, Ogden, UT, 84403 $449,000 4 2 1,632 1,632 SqFt
1117 Country Hills Dr Dr, Ogden, UT, 84403 $2,500,000 17 9 9,422 9,422 SqFt
3501 Quincy Ave, Ogden, UT, 84403 $559,900 6 4 2,924 2,924 SqFt
3369 Gramercy Ave, Ogden, UT, 84403 $475,000 4 2 1,852 1,852 SqFt
2941 S Madison Ave, Ogden, UT, 84403 $410,000 4 2 1,652 1,652 SqFt
1165 Edgewood Dr, Ogden, UT, 84403 $2,250,000 20 16 5,320 5,320 SqFt
619 28 Th St, Ogden, UT, 84403 $439,900 5 3 2,512 2,512 SqFt
4547 S Madison Ave, Ogden, UT, 84403 $799,000 9 5 3,884 3,884 SqFt
3027 Adams Ave Ave, Ogden, UT, 84403 $1,400,000 12 10 4,680 4,680 SqFt

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 07/04/2026 @ 19:40. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

ByOwner last updated this listing 07/04/2026 @ 19:40

MLS: 2166591 LISTED BY: Vicente Cantua, CBRE, Inc 801-869-8000 SOURCE: UtahRealEstate (Wasatch Front)

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