Legal Duplex with Fenced
344 W 300 N Provo, UT 84601
For Sale
$525,000
Well-maintained legal duplex with updated interiors, a landscaped fenced lot, and month-to-month leases.
Property Size1,782 SF
Price / SF$294.61
Days on Market65
Property Features for 344 W 300 N
General Information
Standard status
Active
Size
1,782 SF
Property subtype
Duplex
Building Details
Year Built
1924
Listing Agency:
Equity Real Estate (Results)
(801) 610-9394
Listed By:
Spencer Clawson
(801) 636-8426
Source:
Liftrealty
Added: May 26
Changed: Jul 26
Last Checked: Jul 29 at 5:02AM
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 Equity Real Estate (Results)
Investment Insights
Based on property information with market context.
This well-maintained legal duplex offers two separate 2-bedroom units on month-to-month leases. The upper unit features updated LVP and carpet flooring, granite countertops, fresh paint, and a dishwasher. The lower unit has been recently updated. The property is set on a fully landscaped lot with mature trees, full fencing, and automatic sprinklers.
The home is conveniently located near schools and Smith’s Grocery, with other shopping nearby. Tenants pay all utilities and handle lawn care, supporting day-to-day ease for an owner.
With flexible month-to-month tenancy and straightforward showings with 24 hours’ notice, the duplex is designed for both investors and owner-occupants who want adaptable occupancy.
The home is conveniently located near schools and Smith’s Grocery, with other shopping nearby. Tenants pay all utilities and handle lawn care, supporting day-to-day ease for an owner.
With flexible month-to-month tenancy and straightforward showings with 24 hours’ notice, the duplex is designed for both investors and owner-occupants who want adaptable occupancy.
Key Highlights
- Legal duplex built in 1924 with two units on month‑to‑month leases for buyer flexibility
- Upper unit updates include LVP and carpet flooring, granite countertops, fresh paint, and a dishwasher
- Lower unit has been recently updated
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 | $28.9k | $16.20 |
| − Vacancy | −$1.4k | −$0.80 |
| EGI | $27.4k | $15.40 |
| − OpEx | −$8.2k | −$4.62 |
| NOI | $19.2k | $10.78 |
1,782 SF · lease $16.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$274.4K
$240.1K – $320.2K
NOI $19,210 @ 7.0% cap · market cap 3.66%
Second Best
Apartment 5plus
$251.7K
$220.2K – $293.6K
NOI $17,616 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$491.5K
$430.0K – $573.4K
NOI $34,403 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained legal duplex with updated interiors, a landscaped fenced lot, and month-to-month leases.
Where is this duplex located?
The property is located at 344 W 300 N Provo, UT.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Legal duplex built in 1924 with two units on month‑to‑month leases for buyer flexibility; Upper unit updates include LVP and carpet flooring, granite countertops, fresh paint, and a dishwasher; Lower unit has been recently updated
