Renovated Legal
189 E 400 N, Lehi, UT 84043
For Sale
New
$519,000
Residential, Lehi, UT
Property Size2,068 SF
Lot Size0.25 Acres
Price / SF$250.97
Days on Market3
Property Features for 189 E 400 N
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Patio and Porch features
Interior features
Exterior features
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Amenities
storage shed
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Additional Structures
Listing Agency:
Berkshire Hathaway HomeServices Elite Real Estate
(801) 224-9011
Listed By:
Marcus Case · License UT #10715955
(801) 234-9014
Added: Nov 11
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 2195782
Copyright © 2026 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.
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Investment Insights
Based on property information with market context.
This legal duplex contains 2,068 square feet and sits on a 0.25-acre lot. The property has two kitchens, and both have been remodeled with new cabinets, granite countertops, and appliances. Flooring and paint have also been updated. Additional features include a detached one-car garage, a separate storage shed, a covered patio, and off-street parking. Built in 1946, the building has stucco exterior walls, carpet and laminate flooring, and forced-air heating.
The property is in Lehi, with shopping, restaurants, and entertainment described as minutes away. I-15 access is also nearby.
The property is in Lehi, with shopping, restaurants, and entertainment described as minutes away. I-15 access is also nearby.
Key Highlights
- Legal duplex with two kitchens
- 2,068 square feet on a 0.25‑acre lot
- Kitchen updates include new cabinets, granite countertops, and appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,078
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$381,560
$381.6K
Cap Rate 7%
$272,543
$272.5K
Cap Rate 9%
$211,978
$212.0K
Market Conditions
NOI Build-Up for 2,068 SF
Gross rent
$28.5K $13.80/SF
− Vacancy
−$1.3K −$0.62/SF
EGI
$27.3K $13.18/SF
− OpEx
−$8.2K −$3.95/SF
NOI
$19.1K $9.23/SF
Area
Utah County, UT
Vacancy
4.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$381,560
Cap Rate 7%
$272,543
Cap Rate 9%
$211,978
Alternative Uses
Best Use
Multifamily LT 5
$272.5K
$238.5K – $318.0K
NOI $19,078 @ 7.0% cap · market cap 3.68%
Second Best
Apartment 5plus
$250.6K
$219.3K – $292.4K
NOI $17,541 @ 7.0% cap · market cap 3.38%
Theoretical Best
Office A
$570.1K
$498.8K – $665.1K
NOI $39,904 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,028
Businesses Nearby
Explore this area
Business Placement
Demographics for 84043, UT
76,954
Population
23,408
Households
3.3
Avg Household Size
26
Median Age
50%
College-Educated
97%
High-School Grad
31.1 sq mi
ZIP Area
2,474
Density / Sq Mi
$125,598
Median Household Income
$49,643
Median Earnings
$1,802
Median Rent
$567,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Utah County, UT
Properties on Market for Duplexes in Utah County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two kitchens and a detached garage complement a separate storage shed and a quarter-acre parcel.
Where is this duplex located?
The property is located at 189 E 400 N Lehi, UT.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Legal duplex with two kitchens; 2,068 square feet on a 0.25‑acre lot; Kitchen updates include new cabinets, granite countertops, and appliances
