Renovated
New
For Sale
$550,000
945 W 200 S, Provo, UT 84601
Both units are rented, and the property received extensive updates in 2014.
Property Size1,633 SF
Price / SF$336.80
Days on Market7
Property Features for 945 W 200 S
General Information
Standard status
Active
Size
1,633 SF
Property subtype
Multi-Family
Building Details
Year Built
1933
Listing Agency:
Luxury Group
Listed By:
Midway Utah Real Estate Team
(435) 640-7231
Source:
Midwayutahrealestate
Added: Sep 30
Changed: Oct 4
Last Checked: Oct 5 at 6:23PM
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 Luxury Group
Investment Insights
Based on property information with market context.
This 1,633-square-foot duplex was built in 1933 and underwent a substantial renovation in 2014. The work included interior finishes as well as the roof, siding, and windows. Both units are currently rented. Showings require 24 hours’ notice.
Key Highlights
- 1,633‑square‑foot duplex
- Both units are currently rented
- 2014 renovation included the roof, siding, windows, and interior finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,603
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,060
$352.1K
Cap Rate 7%
$251,471
$251.5K
Cap Rate 9%
$195,589
$195.6K
Market Conditions
NOI Build-Up for 1,633 SF
Gross rent
$26.5K $16.20/SF
− Vacancy
−$1.3K −$0.80/SF
EGI
$25.1K $15.40/SF
− OpEx
−$7.5K −$4.62/SF
NOI
$17.6K $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%
$352,060
Cap Rate 7%
$251,471
Cap Rate 9%
$195,589
Alternative Uses
Best Use
Multifamily LT 5
$251.5K
$220.0K – $293.4K
NOI $17,603 @ 7.0% cap · market cap 3.20%
Second Best
Apartment 5plus
$230.6K
$201.8K – $269.1K
NOI $16,143 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$450.4K
$394.1K – $525.4K
NOI $31,526 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
534
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Both units are rented, and the property received extensive updates in 2014.
Where is this duplex located?
The property is located at 945 W 200 S Provo, UT.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1,633‑square‑foot duplex; Both units are currently rented; 2014 renovation included the roof, siding, windows, and interior finishes
