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506 E 23RD S photo 11 / 42

$749,000

506 E 23RD S, Ogden, UT 84401

Units

4

Price/Unit

$187,250

Price/Sqft

$353

Est Gross Yield

7.2%

$54,096/yr est.

Property Details

Property typeFourplex
Year built1893
Total units4
Living area2,124 sqft
Bedrooms5
Bathrooms4
Lot size0.18 acres
Parking7 spaces
Days on market3
Listed2026-05-28

Unit Mix

TypeCountBedsBathsSqftRent/Mo
1BR / 1BA111531
2BR / 1BA121531
1BR / 1BA111531
1BR / 1BA111531
Total4542,124

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

*Virtual Walk-thru available!* Beautiful Victorian style 4 plex in the heart of downtown Ogden, just minutes from Historic 25th Street and the Salomon Center. This fully remodeled property blends timeless character with modern updates and strong investment potential. Features include off street parking, mature landscaping with a drip irrigation system, separately metered electric, and additional storage units that offer potential for added income. Incredible location close to restaurants, entertainment, shopping, and recreation makes this a rare opportunity for both investors and owner occupants. Please see the virtual tour.

Listed by Levi Coleman · Real Broker, LLC

Location

506 E 23RD S, Ogden, UT 84401

Proforma

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Cap Rate

4.80%

Cash-on-Cash

0.34%

Cash Flow

$79/mo

Purchase Price$749,000
Down Payment35% ($262,150)
Interest Rate6.00%
Monthly Rent$4,508/mo
Vacancy5%
Expense Ratio30% ($15,417)

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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 5/31/2026, 9:11:55 PM. 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.