Side-by-Side
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)
(801) 367-5187
Listed by
Carolyn Hardman
(801) 367-5187
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.
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
NOI $24,718 @ 7.0% cap · market cap 4.71%
Second Best
Apartment 5plus
$323.8K
$283.4K – $377.8K
NOI $22,668 @ 7.0% cap · market cap 4.32%
Theoretical Best
Office A
$632.4K
$553.4K – $737.8K
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
Similar For Sale Nearby
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