1070 40th St, Ogden, UT 84403

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 thesis 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...