4803 S 350 E Washington Terrace, UT 84405
Estimated payment $4,511/month
Highlights
- Corner Lot
- Covered Patio or Porch
- Sliding Doors
- No HOA
- Tile Flooring
- Landscaped
About This Home
Fully occupied income-producing fourplex with one unit on a month-to-month lease, offering immediate cash flow and owner-occupant flexibility. Located approximately 10 minutes from Weber State University and near Hill Air Force Base, this property sits in a high-demand rental corridor with close proximity to shopping, dining, medical services, and major commuter routes. Each unit has a separate address and is individually metered for electricity, paid directly by tenants. Gas, water, and garbage are billed to the owner and reimbursed by tenants, supporting strong expense control and predictable returns. This well cared-for property blends stable long-term tenancy with consistent income and future upside. Each unit features an efficient layout with natural light, functional kitchens, comfortable living spaces, and in-unit laundry hookups, increasing tenant appeal and retention. The building has been thoughtfully maintained, including updates to flooring, paint, and key systems, along with recent capital improvements such as a new roof and new AC units, helping reduce near-term capital expenditures. Tenants benefit from onsite parking, access to public transportation, and a quiet residential setting that supports strong occupancy. Current rents offer room for growth, making this an attractive value-add opportunity for investors, house hackers, or owner-occupants leveraging FHA, VA, or conventional financing. Prime Ogden-area investment with long-term stability and upside potential. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Listing Agent
ERA Brokers Consolidated (Ogden) License #5456313 Listed on: 12/03/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,822
Year Built
- Built in 1967
Lot Details
- 7,405 Sq Ft Lot
- North Facing Home
- Property is Fully Fenced
- Landscaped
- Corner Lot
Home Design
- Quadruplex
- Brick Exterior Construction
- Membrane Roofing
Interior Spaces
- 3,616 Sq Ft Home
- 2-Story Property
- Blinds
- Sliding Doors
- Walk-Out Basement
- Electric Dryer Hookup
Kitchen
- Stove
- Disposal
Flooring
- Carpet
- Linoleum
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 12 Parking Spaces
- 4 Carport Spaces
- 8 Open Parking Spaces
Schools
- Roosevelt Elementary School
- T. H. Bell Middle School
- Bonneville High School
Utilities
- No Cooling
- Forced Air Heating System
- Natural Gas Connected
Additional Features
- Reclaimed Water Irrigation System
- Covered Patio or Porch
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 07-052-0002
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,822 | $768,011 | $200,000 | $568,011 |
| 2024 | $4,737 | $769,000 | $200,000 | $569,000 |
| 2023 | $4,553 | $735,000 | $148,000 | $587,000 |
| 2022 | $4,294 | $710,000 | $100,000 | $610,000 |
| 2021 | $3,297 | $488,000 | $100,000 | $388,000 |
| 2020 | $3,273 | $444,000 | $50,408 | $393,592 |
| 2019 | $3,083 | $386,300 | $41,066 | $345,234 |
| 2018 | $2,373 | $286,115 | $41,066 | $245,049 |
| 2017 | $2,212 | $248,755 | $40,308 | $208,447 |
| 2016 | $2,134 | $131,506 | $20,350 | $111,156 |
| 2015 | $2,011 | $120,429 | $20,350 | $100,079 |
| 2014 | $1,809 | $105,599 | $20,350 | $85,249 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/23/2026 03/23/26 | Price Changed | $775,000 | -0.3% | $214 / Sq Ft |
| 01/23/2026 01/23/26 | Price Changed | $777,000 | -1.3% | $215 / Sq Ft |
| 12/03/2025 12/03/25 | For Sale | $787,000 | -- | $218 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Hickmaland Title Co | |
| Warranty Deed | -- | Lincoln Title Ins Agency | |
| Special Warranty Deed | -- | Lincoln Title | |
| Special Warranty Deed | -- | Lincoln Title Ins Agency | |
| Special Warranty Deed | -- | Lincoln Title Ins Agency | |
| Special Warranty Deed | -- | Lincoln Title Ins Agency | |
| Warranty Deed | -- | North Amer Title Bountiful | |
| Warranty Deed | -- | U S Title | |
| Warranty Deed | -- | Bonneville Title | |
| Warranty Deed | -- | Bonneville Title | |
| Interfamily Deed Transfer | -- | Bonneville Title | |
| Warranty Deed | -- | Bonneville Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $350,000 | New Conventional | |
| Closed | $350,000 | New Conventional | |
| Previous Owner | $190,500 | New Conventional | |
| Previous Owner | $143,700 | New Conventional | |
| Previous Owner | $189,855 | No Value Available | |
| Previous Owner | $182,150 | No Value Available |
Source: UtahRealEstate.com
MLS Number: 2125281
APN: 07-052-0002
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Ask me questions while you tour the home.