Duplex with Basement
709 E 150 S, Provo, UT 84606
For Sale
$525,000
Residential, Provo, UT
Property Size1,998 SF
Lot Size0.13 Acres
Price / SF$262.76
Days on Market142
Property Features for 709 E 150 S
General Information
Property type
Property subtype
Zoning
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Window features
Interior features
Exterior features
Fireplace
Subdivision
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Architectural style
Additional Structures
Buildings
Listing Agency:
Presidio Real Estate
(801) 251-6683
Listed By:
Barbi Schramm
(801) 427-0644
Added: Jun 19
Changed: Nov 5
Last Checked: Nov 7 at 11:06PM
MLS# 2169114
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.
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Investment Insights
Based on property information with market context.
Built in 1943, this 1,998-square-foot property is configured as an upstairs-downstairs duplex and sits on a 0.13-acre lot. Provo recognizes the building as a legal duplex, with the option to use it as two units or as a single-family home. Recent work includes replacement windows, updated lighting and water lines, a new water heater, electrical box improvements, paint, and work on the upstairs bathroom and historic flooring. Both washers and dryers, along with the other appliances, are included.
The property is tenant-occupied, with one active one-year lease and other tenancy on a month-to-month basis. Interior features include a basement apartment, a basement entrance, and a great room. Flooring includes laminate, carpet, tile, and hardwood; heating is forced air.
The property is tenant-occupied, with one active one-year lease and other tenancy on a month-to-month basis. Interior features include a basement apartment, a basement entrance, and a great room. Flooring includes laminate, carpet, tile, and hardwood; heating is forced air.
Key Highlights
- Provo‑recognized legal duplex; may be used as two units or one single‑family home
- 1,998 square feet on a 0.13‑acre lot
- One active one‑year lease; other tenancy is month‑to‑month
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,538
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,760
$430.8K
Cap Rate 7%
$307,686
$307.7K
Cap Rate 9%
$239,311
$239.3K
Market Conditions
NOI Build-Up for 1,998 SF
Gross rent
$32.4K $16.20/SF
− Vacancy
−$1.6K −$0.80/SF
EGI
$30.8K $15.40/SF
− OpEx
−$9.2K −$4.62/SF
NOI
$21.5K $10.78/SF
Area
Provo, UT
Vacancy
4.94%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,760
Cap Rate 7%
$307,686
Cap Rate 9%
$239,311
Alternative Uses
Best Use
Multifamily LT 5
$307.7K
$269.2K – $359.0K
NOI $21,538 @ 7.0% cap · market cap 4.10%
Second Best
Apartment 5plus
$282.2K
$246.9K – $329.2K
NOI $19,752 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$551.0K
$482.2K – $642.9K
NOI $38,573 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,308
Businesses Nearby
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Business Placement
Demographics for 84606, UT
33,791
Population
11,428
Households
3
Avg Household Size
25
Median Age
45%
College-Educated
95%
High-School Grad
11.6 sq mi
ZIP Area
2,913
Density / Sq Mi
$52,110
Median Household Income
$14,955
Median Earnings
$1,149
Median Rent
$407,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Provo, UT
Properties on Market for Duplexes in Provo
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - City-recognized as a duplex, the property can also be occupied as a single-family home.
Where is this duplex located?
The property is located at 709 E 150 S 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: Provo‑recognized legal duplex; may be used as two units or one single‑family home; 1,998 square feet on a 0.13‑acre lot; One active one‑year lease; other tenancy is month‑to‑month
