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    389 W 500 S Provo, UT 84601

    For Sale
    $750,000

    MULTI_FAMILY - Provo, UT

    Property size:
    7,768 SF
    Lot size:
    0.31 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 6 at 4:06 am

    Property Features for 389 W 500 S

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Single-Family, Multi-Fami
    Rooms
    Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2
    Bedrooms
    4
    Bathrooms
    2
    APN
    04-004-0017
    Parking
    8
    Patio and Porch features
    Porch, Patio
    Interior features
    Disposal, Kitchen: Second, Mother-in-Law Apt., Range: Gas, Range/Oven: Free Stdng., Dishwasher: Built-In
    Exterior features
    Balcony, Basement Entrance, Entry (Foyer), Patio: Covered, Porch: Open
    Size
    7,768 SF
    Lot size
    0.31 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air, Central

    Building Details

    Year built
    1884
    Number of units
    2
    Flooring type
    Vinyl, Tile, Carpet
    Building materials
    Brick
    Roof type
    Asphalt
    Additional Structures
    Other

    Equity Real Estate (801) 651-3071 [email protected]

    Listing agent Kenny Parcell (801) 794-7777

    Listing date Nov 11, 2025

    MLS# 2109523 Listing URL

    Copyright © 2025 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Provo Duplex with Expansion Potential

    This is a rare duplex located in Provo, Utah, offering significant potential for investors. The property currently consists of two units, with the opportunity to add two additional units upstairs. The upstairs area is currently an open space, providing flexibility for development. The property is situated on a 0.31-acre lot. The building size is 7768 square feet. The zoning allows for both single-family and multi-family use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Provo
    County
    Utah
    State
    Utah
    Longitude
    -111.665384
    Latitude
    40.226817

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    FAQs

    What type of property is this?
    Duplex - Rare Provo duplex with potential to add two more units.
    Where is this duplex located?
    The property is located at 389 W 500 S Provo, UT.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Rare Provo duplex with potential to add 2 more units upstairs.; - Upstairs is an open slate, offering flexibility for investors.; - Prime location.
    (801) 794-7777
    Request Owner's contact information
    389 W 500 S Provo, UT 84601
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    Provo, UT 84601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    389 W 500 S Provo, UT 84601
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