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Legal Duplex with Updated Interiors

344 W 300 N Provo, UT 84601

344 W 300 N, Provo, UT, 84601
$535,000
For Sale
Claim this Listing
$535,000

MULTI_FAMILY - Other - Provo, UT

Property Size1,782 SF
Lot Size0.18 Acres
Price / SF$300.22
AddedMay 26
Days on Market51
Last RefreshJul 15 at 10:06 pm

Property Features for 344 W 300 N

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi-Family
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1
Parking
2
Window features
Blinds
Patio and Porch features
Deck
Interior features
Range/Oven: Free Stdng., Dishwasher: Built-In
Exterior features
Deck; Covered
Standard status
Active
APN
04-101-0026
Size
1,782 SF
Lot size
0.18 Acres

Utilities

Heating system
Natural Gas, Central, Forced Air

Building Details

Year built
1924
Number of units
2
Flooring type
Carpet, Linoleum
Building materials
Brick
Roof type
Asphalt
Architectural style
Other

Listing agent Masyn Barney

Listing office Equity Real Estate (Results) 321 E State Rd Suite 150, Sandy, UT

Listing date May 26, 2026

MLS# 2160573 Listing URL

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.


Investment Insights

Based on property information with market context.

This well-maintained legal duplex offers two units with 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 as well. The property is set on a fully landscaped lot with mature trees, full fencing, and automatic sprinklers to support tenant usability.

The duplex is located in Provo, Utah, near schools and Smith’s Grocery, along with other shopping options. Tenants handle lawn care and pay all utilities. The combination of landscaped grounds and fenced outdoor space supports day-to-day livability for either residents or tenants.

For investors or owner-occupants, the month-to-month structure can provide flexibility, while the documented interior updates and included dishwashing appliance in the upper unit help support tenant appeal. With 24 hours’ notice, the property is easy to show. Financing incentives are available through a preferred lender, including a no-cost 2/1 rate buy down and a low down payment option; ask for details to understand eligibility and terms.

Key Highlights

  • Legal duplex built in 1924 with two bedrooms and two bathrooms across the units
  • Upper unit updates include fresh paint, LVP and carpet flooring, granite countertops, and a built‑in dishwasher
  • Lower unit has been recently updated for added value

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 $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 (±1% cap)
NOI $19,210 @ 7.0% cap · market cap 3.59%
Second Best
Apartment 5plus
$251.7K
$220.2K – $293.6K (±1% cap)
NOI $17,616 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$491.5K
$430.0K – $573.4K (±1% cap)
NOI $34,403 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Store & Service Tanning Salon Wine and Liquor Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained legal duplex with updated upper and lower units, offering month-to-month leases and tenant-paid utilities.
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 $535,000.
What are key features of this property?
This property features: Legal duplex built in 1924 with two bedrooms and two bathrooms across the units; Upper unit updates include fresh paint, LVP and carpet flooring, granite countertops, and a built‑in dishwasher; Lower unit has been recently updated for added value
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