Turnkey Duplex with Central
For Sale
$624,900
257 E 200 S, Provo, UT 84606
MULTI_FAMILY - Other - Provo, UT
Property Size2,016 SF
Lot Size0.20 Acres
Price / SF$309.97
Days on Market93
Property Features for 257 E 200 S
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Multi-Family
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3
Parking features
Covered
Patio and Porch features
Porch
Interior features
Alarm: Fire, Kitchen: Updated, Oven: Gas, Range: Gas, Range/Oven: Free Stdng., Dishwasher: Built-In
Exterior features
Porch: Open
Lot features
Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, View: Mountain
Elementary school
Provo Peaks
Middle school
Centennial
High school
Timpview
Elementary school district
Provo
Middle school district
Provo
High school district
Provo
Subdivision
Provo; Mamth; Springville
Standard status
Active
APN
05-018-0001
Size
2,016 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Annual Amount
2451
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Building Details
Year built
1919
Number of units
2
Flooring type
Carpet, Tile, Hardwood, Linoleum
Building materials
Brick
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Signature Group Real Estate · Realty ONE Group
(801) 208-3800
Listed By:
Alen Kantarevic
(801) 664-9028
Added: May 4
Changed: Aug 1
Last Checked: Aug 4 at 3:06PM
MLS# 2155165
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Investment Insights
Based on property information with market context.
Turnkey duplex on a 0.20-acre lot featuring two fully independent units with separate addresses and fully independent utilities through separate meters. The 1 bed/1 bath unit includes about 900 square feet and has updated interior finishes, including an updated bathroom and refreshed kitchen. The 2 bed/1 bath unit offers about 1,116 square feet and has been fully remodeled with new flooring, lighting, paint, and an opened-up kitchen/living area.
Both units have central heating and central A/C. Recent updates include new windows, exterior paint, and front porch finishes completed in 2021, and the entire property was fully rewired in 2025 with upgraded panels and meters. Appliances are included and have been replaced within the last 4 years. Tenants pay gas, electric, and internet, while the owner covers water/sewer. The units are currently rented with leases through July 31st.
The property is a legal duplex at 255 and 257 E 200 S, constructed of brick, with an open porch and covered parking. Heating includes central natural gas, and the roof is asphalt.
Both units have central heating and central A/C. Recent updates include new windows, exterior paint, and front porch finishes completed in 2021, and the entire property was fully rewired in 2025 with upgraded panels and meters. Appliances are included and have been replaced within the last 4 years. Tenants pay gas, electric, and internet, while the owner covers water/sewer. The units are currently rented with leases through July 31st.
The property is a legal duplex at 255 and 257 E 200 S, constructed of brick, with an open porch and covered parking. Heating includes central natural gas, and the roof is asphalt.
Key Highlights
- Legal duplex at 255 and 257 E 200 S with separate addresses and fully independent units
- 1 bed/1 bath unit with central heating and A/C, about 900 SF
- 2 bed/1 bath unit with central heating and A/C, about 1,116 SF
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 | $32.7k | $16.20 |
| − Vacancy | −$1.6k | −$0.80 |
| EGI | $31.0k | $15.40 |
| − OpEx | −$9.3k | −$4.62 |
| NOI | $21.7k | $10.78 |
2,016 SF · lease $16.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$310.5K
$271.7K – $362.2K
NOI $21,732 @ 7.0% cap · market cap 3.48%
Second Best
Apartment 5plus
$284.7K
$249.1K – $332.2K
NOI $19,930 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$556.0K
$486.5K – $648.7K
NOI $38,920 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,791
Businesses Nearby
Explore this area
Business Placement
Demographics for 84606, UT
33,791
Population
11,428
Households
3
Avg Household Size
25
Median Age
45%
College-Educated
95%
High-School Grad
11.6 sq mi
ZIP Area
2,913
Density / Sq Mi
$52,110
Median Household Income
$14,955
Median Earnings
$1,149
Median Rent
$407,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Legal duplex with separate addresses and meters, each with central heating and A/C, on a 0.20-acre lot.
Where is this duplex located?
The property is located at 257 E 200 S Provo, UT.
What is the asking price?
The asking price for this property is $624,900.
What are key features of this property?
This property features: Legal duplex at 255 and 257 E 200 S with separate addresses and fully independent units; 1 bed/1 bath unit with central heating and A/C, about 900 SF; 2 bed/1 bath unit with central heating and A/C, about 1,116 SF
