North Ogden Townhomes 472 East 2100 North
North Ogden, UT 84414
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Multifamily For Sale - Available June 2026
North Ogden Townhomes | 8 Units | 100% Occupied
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Vicente Cantua
VC
The North Ogden Townhomes, located at 472 E 2100 N, is a turnkey 8,400 SF 8-unit multifamily property consisting of eight spacious 2BD/1.5BA units at approximately 1,050 SF each. Built in 1996, the property has been well maintained by the current ownership withHVAC replacements, updated flooring and more, completed during their hold period. All eight units have been updated over the years and are currently 100% occupied, reflecting both the quality of the asset and the strength of the surrounding rental market.
Rents and Income
The income profile is equally compelling. According to Rentometer, the average rent for a 2BD/1BA unit near this property is $1,344. The North Ogden Townhomes average $1,390 when combining base rents with RUBS and ancillary income, approximately 3% above that benchmark. Notably, the Rentometer comp base reflects standard 2BD/1BA units, while these homes offer an additional half bath, further supporting the rent premium and the quality of the tenant experience. Vacancy has remained low, at just 1.4% over the trailing 12 months.
At the asking price of $1,750,000, the property is priced at a 5.50% cap rate on current income. For a self-managing owner, the opportunity is even more immediate as reduced management overhead translates directly to stronger returns from the outset.
Rents and Income
The income profile is equally compelling. According to Rentometer, the average rent for a 2BD/1BA unit near this property is $1,344. The North Ogden Townhomes average $1,390 when combining base rents with RUBS and ancillary income, approximately 3% above that benchmark. Notably, the Rentometer comp base reflects standard 2BD/1BA units, while these homes offer an additional half bath, further supporting the rent premium and the quality of the tenant experience. Vacancy has remained low, at just 1.4% over the trailing 12 months.
At the asking price of $1,750,000, the property is priced at a 5.50% cap rate on current income. For a self-managing owner, the opportunity is even more immediate as reduced management overhead translates directly to stronger returns from the outset.
Ogden’s economic growth is strong and resilient, with the Ogden-Clearfield submarket recently ranked as the #2 Best Performing City by the Milken Institute. Ogden has one of the lowest unemployment rates in the nation at 1.9%, supported by a diverse and stable economy driven by the defense industry, tourism, and a growing technology sector.
Hill Air Force Base, the region’s largest employer, provides a steady influx of high-paying civilian and military jobs, with Northrop Grumman expanding its presence in the area. Ogden’s job growth rate is leading the nation at 8.5% (October 2021–October 2022), making it an attractive location for real estate investment. Additionally, in-migration to Ogden is strong, with a projected population growth rate that is more than double the national average over the next decade.
Ogden’s market is expected to benefit from these economic and demographic trends, making this investment opportunity an ideal option for those seeking both immediate returns and long-term growth.
Hill Air Force Base, the region’s largest employer, provides a steady influx of high-paying civilian and military jobs, with Northrop Grumman expanding its presence in the area. Ogden’s job growth rate is leading the nation at 8.5% (October 2021–October 2022), making it an attractive location for real estate investment. Additionally, in-migration to Ogden is strong, with a projected population growth rate that is more than double the national average over the next decade.
Ogden’s market is expected to benefit from these economic and demographic trends, making this investment opportunity an ideal option for those seeking both immediate returns and long-term growth.
Sale Price
Contact Broker For Pricing
Get in touch
Vicente Cantua
VC