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Side-by-Side Duplex

369 W 200 N Provo, UT 84601

369 W 200 N, Provo, UT, 84601
$525,000
For Sale
$525,000

Two-bedroom vacant unit and a tenant-occupied one-bedroom unit with shared laundry, plus off-street and on-street parking.

Property Size2,293 SF
Price / SF$228.96
Days on Market9

Property Features for 369 W 200 N

General Information

Standard status
Active
Size
2,293 SF
Property subtype
Duplex

Building Details

Year Built
1900
Listing Agency Equity Real Estate (Results)
Listed by Carolyn Hardman
Source Liftrealty
Added: Jul 13 Updated: Jul 20 at 2:39 am Checked: Jul 20 at 2:39 am

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 side-by-side duplex offers two separate residential units with shared laundry and a nice yard. One unit is currently vacant and includes 2 bedrooms and 1 bathroom, providing immediate flexibility for an owner-occupant or a new tenant. The second unit is tenant occupied and features 1 bedroom and 1 bathroom; rent is $900 per month with an increase to $950 in May, and the current lease runs through August 1, 2026.

Parking is available both off street and on street. The property is described as being in a central Provo location, close to universities, shopping, and dining.

All information should be verified by the buyer and buyer’s agent, including square footage, as noted in the remarks.

Key Highlights

  • Side‑by‑side duplex in Provo built in 1900
  • 2‑bedroom / 1‑bath unit currently vacant
  • 1‑bedroom / 1‑bath unit is tenant occupied at $900/month, increasing to $950 in May

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 $37.1k $16.20
− Vacancy −$1.8k −$0.80
EGI $35.3k $15.40
− OpEx −$10.6k −$4.62
NOI $24.7k $10.78
2,293 SF · lease $16.20/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$353.1K
$309.0K – $412.0K (±1% cap)
NOI $24,718 @ 7.0% cap · market cap 4.71%
Second Best
Apartment 5plus
$323.8K
$283.4K – $377.8K (±1% cap)
NOI $22,668 @ 7.0% cap · market cap 4.32%
Theoretical Best
Office A
$632.4K
$553.4K – $737.8K (±1% cap)
NOI $44,268 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

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

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

FAQs

What type of property is this?
Duplex - Two-bedroom vacant unit and a tenant-occupied one-bedroom unit with shared laundry, plus off-street and on-street parking.
Where is this duplex located?
The property is located at 369 W 200 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: Side‑by‑side duplex in Provo built in 1900; 2‑bedroom / 1‑bath unit currently vacant; 1‑bedroom / 1‑bath unit is tenant occupied at $900/month, increasing to $950 in May
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