Remodeled Triplex on Corner
189 N 300 E, Provo, UT 84606
New
- Added:
- Jun 15, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 16 at 5:06 am
Property Features for 189 N 300 E
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family
- Bedrooms
- 11
- Bathrooms
- 7
- Rooms
- Bedroom 10, Bedroom 4, Den, Bedroom 5, Bedroom 8, Bedroom 6, Bathroom 5, Bedroom 9, Bedroom 3, Bedroom 7, Bathroom 3, Bathroom 7, Bathroom 1, Bathroom 2, Bedroom 11, Bedroom 2, Bathroom 6, Bedroom 1, Bathroom 4
- Parking features
- Covered
- Patio and Porch features
- Patio, Porch
- Interior features
- Bar: Wet, Closet: Walk-In, Den/Office, Disposal, Kitchen: Updated, Range/Oven: Free Stdng., Dishwasher: Built-In
- Exterior features
- Basement Entrance, Lighting, Patio: Covered, Porch: Open, Sliding Glass Doors, Walkout
- Standard status
- Active
- APN
- 05-031-0014
- Size
- 6,098 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3754
Utilities
- Heating system
- Forced Air, Central, Electric (Heating), Natural Gas
Building Details
- Year built
- 1955
- Number of units
- 3
- Flooring type
- Carpet, Tile
- Building materials
- Brick, Frame
- Roof type
- Asphalt
Listing agent Scott L Oldroyd (801) 369-5500
Listing office Equity Real Estate (Results) 321 E State Rd Suite 150, Sandy, UT (801) 610-9394
Listing date Jun 15, 2026
MLS# 2165545
Listing URL
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HighLights
- Legally configured triplex with three separate living spaces; originally a 7‑plex, now features 3 units
- Unit 1 (main house) is a remodeled 4‑bedroom home with new kitchen quartz countertops and stainless steel appliances
- Unit 2 updates include new carpet and paint, new lighting, and updated bathroom vanities; includes 3 bedrooms and 2 full baths
- Units 1 & 2 have mini‑split heating/AC in each room for independent tenant temperature control
- Lower level amenities include a separate basement walkout and concrete cold storage, plus two family rooms (one plumbed for a second kitchen)
- Unit 3 is a detached rear building built in 1975 with vaulted ceilings, kitchen, family room, 2 bedrooms, full bath, and a wet‑bar lower level
Overview
This property is a large triplex configured as a main house plus two additional units, including a detached rear building. Unit 1 is a completely remodeled top-to-bottom 4-bedroom home with an expansive family room, a fireplace, an additional office/flex space, and a new kitchen with quartz countertops and stainless steel appliances. The primary suite includes a walk-in closet and a brand-new full bath, and the main floor also provides an additional bedroom, a half bath, and a laundry room with door access to the backyard. The lower level includes two family rooms, one plumbed for a second kitchen, two bedrooms, a full bath, concrete cold storage, and a separate basement walkout. Units 2 and 3 have newer finishes, including new carpet and paint, new lighting, and updated bathroom vanities.
The triplex sits on a large corner lot and includes a detached rear building identified as built in 1975. The listing notes proximity to downtown Provo, BYU, UTA buses, and UVX rapid transit. Zoning is multi-family. Heating and cooling are handled via mini-split systems, with units described as providing independent temperature control.
Designed for owner-occupants or income-focused buyers, the layout offers separate, self-contained living spaces with multiple family and bedroom areas. The detached rear unit provides an additional private feel, while the main house’s lower level flexibility and cold storage can support a variety of tenant needs. The provided square footage is an estimate, and buyers are advised to verify measurements independently.
The triplex sits on a large corner lot and includes a detached rear building identified as built in 1975. The listing notes proximity to downtown Provo, BYU, UTA buses, and UVX rapid transit. Zoning is multi-family. Heating and cooling are handled via mini-split systems, with units described as providing independent temperature control.
Designed for owner-occupants or income-focused buyers, the layout offers separate, self-contained living spaces with multiple family and bedroom areas. The detached rear unit provides an additional private feel, while the main house’s lower level flexibility and cold storage can support a variety of tenant needs. The provided square footage is an estimate, and buyers are advised to verify measurements independently.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $98.8k | $16.20 |
| − Vacancy | −$4.9k | −$0.80 |
| EGI | $93.9k | $15.40 |
| − OpEx | −$28.2k | −$4.62 |
| NOI | $65.7k | $10.78 |
6,098 SF · lease $16.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$939.1K
$821.7K – $1.10M
NOI $65,735 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$861.2K
$753.5K – $1.00M
NOI $60,283 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,727 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Goo Goo Dogs
Pet Grooming Service
Location Insight
- Map
- Local Demand
- City
- Provo
- County
- Utah
- State
- Utah
- Longitude
- -111.653744
- Latitude
- 40.236152
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three distinct living spaces with updated interiors and independent heating/cooling options on a large corner lot.
Where is this triplex located?
The property is located at 189 N 300 E Provo, UT.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Legally configured triplex with three separate living spaces; originally a 7‑plex, now features 3 units; Unit 1 (main house) is a remodeled 4‑bedroom home with new kitchen quartz countertops and stainless steel appliances; Unit 2 updates include new carpet and paint, new lighting, and updated bathroom vanities; includes 3 bedrooms and 2 full baths
