Legal Duplex with New
372 N 800 E Provo, UT 84606
For Sale
$800,000
Well-maintained legal duplex featuring a new roof and fresh interior and exterior paint, currently fully rented.
Property Size2,242 SF
Price / SF$356.82
Days on Market18
Property Features for 372 N 800 E
General Information
- Standard status
- Active
- Size
- 2,242 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1948
Listing Agency:
Berkshire Hathaway HomeServices Elite Real Estate
(801) 455-1709
Listed By:
Stephanie Bagley
(801) 455-1709
Source:
Liftrealty
Added: Jul 7
Changed: Jul 23
Last Checked: Jul 23 at 4:32AM
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 Berkshire Hathaway HomeServices Elite Real Estate
Investment Insights
Based on property information with market context.
This legal duplex is presented as fully rented and move-in ready for an owner-operator or investor. The property is configured as a 6-bedroom, 2-bath duplex and is described as clean and very well maintained, with a new roof and new interior and exterior paint. Per the seller’s information, everything in the home is included with the sale.
Located on the east side of Provo, it is reported to be about two minutes from BYU. The annual gross scheduled rents are stated as $42,000+.
Please note the property is part of a 1031 Exchange transaction.
Located on the east side of Provo, it is reported to be about two minutes from BYU. The annual gross scheduled rents are stated as $42,000+.
Please note the property is part of a 1031 Exchange transaction.
Key Highlights
- Legal duplex built in 1948 on Provo’s east side
- 6 bedrooms and 2 bathrooms in the duplex
- New roof plus new interior and exterior paint
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 | $36.3k | $16.20 |
| − Vacancy | −$1.8k | −$0.80 |
| EGI | $34.5k | $15.40 |
| − OpEx | −$10.4k | −$4.62 |
| NOI | $24.2k | $10.78 |
2,242 SF · lease $16.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$345.3K
$302.1K – $402.8K
NOI $24,168 @ 7.0% cap · market cap 3.02%
Second Best
Apartment 5plus
$316.6K
$277.1K – $369.4K
NOI $22,164 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$618.3K
$541.1K – $721.4K
NOI $43,284 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained legal duplex featuring a new roof and fresh interior and exterior paint, currently fully rented.
Where is this duplex located?
The property is located at 372 N 800 E Provo, UT.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Legal duplex built in 1948 on Provo’s east side; 6 bedrooms and 2 bathrooms in the duplex; New roof plus new interior and exterior paint
