Duplex with Covered
New
For Sale
$750,000
720 N 100 W, Provo, UT 84601
Two separately addressed residences share laundry and have individual air-conditioning units for climate control.
Property Size1,996 SF
Price / SF$375.75
Days on Market6
Property Features for 720 N 100 W
General Information
Standard status
Active
Size
1,996 SF
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
individual AC units
high-speed fiber internet capability
dedicated covered parking
extra off-street spaces
full basement entrance
shared laundry facilities
durable LVP flooring
double-pane windows
full landscaping
mountain views
Building Details
Building Size
1,996 SF
Year Built
1950
Listing Agency:
goBE, LLC
(801) 966-4000
Listed By:
David B. Robison
(801) 809-5300
Source:
Liftrealty
Added: Oct 1
Changed: Oct 4
Last Checked: Oct 5 at 6:07PM
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 goBE, LLC
Investment Insights
Based on property information with market context.
Built in 1950, this Provo duplex contains an upper residence and a basement residence, each with two bedrooms. The upper unit has two bathrooms; the basement unit has one. Features include separate air-conditioning units, a full basement entrance, shared laundry, LVP flooring, and double-pane windows. Fiber internet service is available at the property.
The corner-lot property includes covered parking and additional off-street spaces. Schools and transit are nearby, and mountain views are noted. Landscaping covers the grounds.
The corner-lot property includes covered parking and additional off-street spaces. Schools and transit are nearby, and mountain views are noted. Landscaping covers the grounds.
Key Highlights
- Two units, each with 2 bedrooms
- Upper residence has 2 bathrooms; basement residence has 1
- Covered parking plus additional off‑street spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,516
Cap Rate
2.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,320
$430.3K
Cap Rate 7%
$307,371
$307.4K
Cap Rate 9%
$239,067
$239.1K
Market Conditions
NOI Build-Up for 1,996 SF
Gross rent
$32.3K $16.20/SF
− Vacancy
−$1.6K −$0.80/SF
EGI
$30.7K $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%
$430,320
Cap Rate 7%
$307,371
Cap Rate 9%
$239,067
Alternative Uses
Best Use
Multifamily LT 5
$307.4K
$269.0K – $358.6K
NOI $21,516 @ 7.0% cap · market cap 2.87%
Second Best
Apartment 5plus
$281.9K
$246.7K – $328.9K
NOI $19,732 @ 7.0% cap · market cap 2.63%
Theoretical Best
Office A
$550.5K
$481.7K – $642.2K
NOI $38,534 @ 7.0% cap · market cap 5.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,814
Businesses Nearby
Explore this area
Business Placement
Demographics for 84601, UT
33,986
Population
11,673
Households
2.9
Avg Household Size
27
Median Age
33%
College-Educated
86%
High-School Grad
13.3 sq mi
ZIP Area
2,555
Density / Sq Mi
$64,758
Median Household Income
$30,548
Median Earnings
$1,173
Median Rent
$370,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separately addressed residences share laundry and have individual air-conditioning units for climate control.
Where is this duplex located?
The property is located at 720 N 100 W Provo, UT.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms; Upper residence has 2 bathrooms; basement residence has 1; Covered parking plus additional off‑street spaces
