Duplex Near
For Sale
$389,900
270 S 900 W, Provo, UT 84601
Two-unit property in Provo without HOA or CCRs, with access to downtown shops and I-15.
Property Size1,368 SF
Price / SF$285.01
Days on Market68
Property Features for 270 S 900 W
General Information
Standard status
Active
Size
1,368 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1935
Buildings
1
Listing Agency:
Berkshire Hathaway HomeServices Elite Real Estate
Listed By:
Dallin Nelson · License #5486147
(801) 224-9011
Source:
Buysalty
Added: Aug 7
Changed: Oct 6
Last Checked: Oct 7 at 4:07PM
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 Berkshire Hathaway HomeServices Elite Real Estate
Investment Insights
Based on property information with market context.
This duplex contains 1,368 square feet and was built in 1935. The property is located at 270 S 900 W in Provo, with two residential units and no HOA or CCRs.
The property offers access to I-15 and shops in downtown Provo. Tenant occupancy is in place, and prospective buyers should verify property information independently.
The property offers access to I-15 and shops in downtown Provo. Tenant occupancy is in place, and prospective buyers should verify property information independently.
Key Highlights
- Duplex with 1,368 square feet
- Built in 1935
- No HOA or CCRs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,747
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,940
$294.9K
Cap Rate 7%
$210,671
$210.7K
Cap Rate 9%
$163,856
$163.9K
Market Conditions
NOI Build-Up for 1,368 SF
Gross rent
$22.2K $16.20/SF
− Vacancy
−$1.1K −$0.80/SF
EGI
$21.1K $15.40/SF
− OpEx
−$6.3K −$4.62/SF
NOI
$14.7K $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%
$294,940
Cap Rate 7%
$210,671
Cap Rate 9%
$163,856
Alternative Uses
Best Use
Multifamily LT 5
$210.7K
$184.3K – $245.8K
NOI $14,747 @ 7.0% cap · market cap 3.78%
Second Best
Apartment 5plus
$193.2K
$169.1K – $225.4K
NOI $13,524 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$377.3K
$330.1K – $440.2K
NOI $26,410 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
826
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property in Provo without HOA or CCRs, with access to downtown shops and I-15.
Where is this duplex located?
The property is located at 270 S 900 W Provo, UT.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Duplex with 1,368 square feet; Built in 1935; No HOA or CCRs
