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1165 EDGEWOOD DR photo 11 / 55

$2,199,900

Reduced from $2,250,000 · 6 days ago

1165 EDGEWOOD DR, Ogden, UT 84403

Units

12

Price/Unit

$183,325

Price/Sqft

$414

Est Gross Yield

7.4%

$162,336/yr est.

Property Details

Property typeMultifamily
Year built1968
Total units12
Living area5,320 sqft
Bedrooms20
Bathrooms16
Lot size0.56 acres
Parking12 spaces
Days on market181
Listed2026-01-30T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
2BR / 2BA8221,216$1,100/mo
1BR / 1BA411722$900/mo
Total12202012,616$12,400/mo

Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.

Description

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.

Listed by Jordy Clark · KW Utah Realtors Keller Williams

Location

1165 EDGEWOOD DR, Ogden, UT 84403

Proforma

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Cap Rate

4.91%

Cash-on-Cash

0.62%

Cash Flow

$423/mo

Purchase Price$2,199,900
Down Payment35% ($769,965)
Interest Rate6.00%
Monthly Rent$13,528/mo
Vacancy5%
Expense Ratio30% ($46,266)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.

© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 7/30/2026, 4:13:16 AM. 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. Listing data provided by UtahRealEstate.com.