Duplex
For Sale
$689,699
1055 W 2100 N, Provo, UT 84601
Two-unit residential income property offered in its existing as-is condition.
Property Size3,400 SF
Price / SF$202.85
Days on Market48
Property Features for 1055 W 2100 N
General Information
Standard status
Active
Size
3,400 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Grandview North
Building Details
Year Built
1990
Listing Agency:
Summit Commercial Advisors LLC
Listed By:
Mary W Street · License #5454081-PO00
(801) 358-6279
Source:
Redsign
Added: Sep 11
Changed: Oct 25
Last Checked: Oct 5 at 8:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Summit Commercial Advisors LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex property contains an estimated 3,400 square feet and was built in 1990. The building is being offered in its existing as-is condition, with no obligation for the seller to complete changes or repairs before closing.
The property is located at 1055 W 2100 N in Provo, Utah. It has been owned and managed by the Provo City Housing Authority, and tenants require notice for access and showings. Buyers should independently verify the square footage and other property information.
The property is located at 1055 W 2100 N in Provo, Utah. It has been owned and managed by the Provo City Housing Authority, and tenants require notice for access and showings. Buyers should independently verify the square footage and other property information.
Key Highlights
- Duplex with an estimated 3,400 square feet
- Built in 1990
- Offered in AS‑IS condition
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,651
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,020
$733.0K
Cap Rate 7%
$523,586
$523.6K
Cap Rate 9%
$407,233
$407.2K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$55.1K $16.20/SF
− Vacancy
−$2.7K −$0.80/SF
EGI
$52.4K $15.40/SF
− OpEx
−$15.7K −$4.62/SF
NOI
$36.7K $10.78/SF
Area
Provo, UT
Vacancy
4.94%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,020
Cap Rate 7%
$523,586
Cap Rate 9%
$407,233
Alternative Uses
Best Use
Multifamily LT 5
$523.6K
$458.1K – $610.9K
NOI $36,651 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$480.2K
$420.2K – $560.2K
NOI $33,612 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$937.7K
$820.5K – $1.09M
NOI $65,640 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
1,070
Businesses Nearby
Explore this area
Business Placement
Demographics for 84601, UT
33,986
Population
11,673
Households
2.9
Avg Household Size
27
Median Age
33%
College-Educated
86%
High-School Grad
13.3 sq mi
ZIP Area
2,555
Density / Sq Mi
$64,758
Median Household Income
$30,548
Median Earnings
$1,173
Median Rent
$370,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential income property offered in its existing as-is condition.
Where is this duplex located?
The property is located at 1055 W 2100 N Provo, UT.
What is the asking price?
The asking price for this property is $689,699.
What are key features of this property?
This property features: Duplex with an estimated 3,400 square feet; Built in 1990; Offered in AS‑IS condition
