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Side-by-Side Duplex Investment

369 W 200 N Provo, UT 84601

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

MULTI_FAMILY - Other - Provo, UT

Property Size2,293 SF
Lot Size0.11 Acres
Price / SF$228.96
Days on Market5

Property Features for 369 W 200 N

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Multi-Family
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
Parking
4
Parking features
Covered
Patio and Porch features
Patio
Exterior features
Patio: Covered
Standard status
Active
APN
04-080-0013
Size
2,293 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Annual Amount
2456

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Central

Building Details

Year built
1900
Number of units
2
Flooring type
Linoleum, Carpet
Roof type
Asphalt
Architectural style
Other
Listing Agency Equity Real Estate (Results)
321 E State Rd Suite 150, Sandy, UT
Listed by Carolyn Hardman
Added: Jul 13 Checked: Jul 17 at 7:06 pm
MLS# 2172729 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 side-by-side duplex offers two separate residential units under multi-family zoning. One unit is currently vacant and includes 2 bedrooms and 1 bathroom, presented as move-in ready for an owner-occupant or a new tenant. The second unit has 1 bedroom and 1 bathroom and is currently tenant occupied. Rent is listed at $900 per month with an increase to $950 in May, and the current lease ends August 1, 2026. The property also includes off-street and on-street parking, a yard, and shared laundry.

Located in Provo, the property is described as a central location close to universities, shopping, and dining. Buyer and buyer’s agent are instructed to verify square footage.

With one unit available immediately and one unit under an existing lease term, the layout supports a straightforward owner-operator or rental configuration, while retaining flexibility for the vacant unit.

Key Highlights

  • Side‑by‑side duplex in Provo; one unit is vacant and includes 2 bedrooms and 1 bathroom
  • Tenant‑occupied 1 bed/1 bath unit rents for $900 per month, increasing to $950 in May
  • Tenant lease ends August 1, 2026

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

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 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 - Side-by-side duplex with one vacant 2-bedroom unit and one tenant-occupied 1-bedroom unit with a lease through August 1, 2026.
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; one unit is vacant and includes 2 bedrooms and 1 bathroom; Tenant‑occupied 1 bed/1 bath unit rents for $900 per month, increasing to $950 in May; Tenant lease ends August 1, 2026
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