355 500, Provo, UT 84606
6BD/—BA Residential in Provo, UT 84606. 2,189 sqft. Built 1938. Listed at $629,900. MLS #2143870.
6BD/—BA Residential in Provo, UT 84606. 2,189 sqft. Built 1938. Listed at $629,900. MLS #2143870.
OWN YOUR HOME AND HAVE IT PAY YOU BACK! This classic red brick two-story blends historic character with thoughtful modern updates, located just one mile from BYU and half a mile from the Provo FrontRunner station. Designed for maximum flexibility, the property can function as a spacious 6-bedroom, 3-bathroom home by unlocking a single interior door, or as an owner-occupied property with a self-contained basement ADU to help offset your mortgage. The basement apartment features a private entrance, 2 bedrooms, full kitchen, full bathroom, and dedicated laundry, while the main living space spans two floors with 4 bedrooms and 2 bathrooms. The heavy lifting is already done with modernized electrical, updated plumbing, energy-efficient vinyl windows, updated LVP flooring, fresh carpet, granite countertops, and a brand-new stainless refrigerator installed in April 2025. Additional features include Google Fiber high-speed internet, a Google Nest thermostat, central heating and AC, and a dedicated top-floor mini-split for efficient year-round comfort. Outside, the fully fenced backyard features lush new sod, a private brick patio with a built-in fireplace, and automated string lighting-perfect for relaxing or entertaining. A detached 2-car garage plus additional off-street parking provide rare convenience in this central Provo location. Whether you're looking for a spacious primary residence, a multi-generational setup, or a turnkey mortgage-helper opportunity, this property offers exceptional flexibility in one of Provo's most connected neighborhoods. Square footage figures are provided as a courtesy; buyer to verify all information.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
County
Utah
Zoning
Single-Family
Construction
Brick
Lot Size
0.11 sq ft
Above Grade Area
1,426 sq ft
Condition
Blt./Standing
MLS #
2143870
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
County
Utah
Zoning
Single-Family
Construction
Brick
Lot Size
0.11 sq ft
Above Grade Area
1,426 sq ft
Condition
Blt./Standing
MLS #
2143870
List Price
$629,900
Original Price
$669,900
Annual Taxes
$2,888
Home Warranty
No
List Price
$629,900
Original Price
$669,900
Annual Taxes
$2,888
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Entrance,Full,Walk-Out Access
Materials
Brick
Appliances
Ceiling Fan,Dryer,Freezer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Entrance,Full,Walk-Out Access
Materials
Brick
Appliances
Ceiling Fan,Dryer,Freezer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Why this is a deal
Classification
Standard
Deal Score
60/100
vs Similar Homes
22% above
vs Market Median
6% above
Price Reduced
6.0%
Area Growth (YoY)
1.8%
Deal Score Breakdown
60/100 · 1 qualifying signal
6% price reduction from original list — seller may be motivated
Priced 6% above the per-subtype city median
1.8% year-over-year ZHVI growth in this area
Priced 22% above the median of similar listings
LT net cashflow -$2,557/mo (-59.9% return on ownership cost) · STR net cashflow -$2,076/mo (-48.6% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$1,945/mo
Range: $0 – $4,589
Net Monthly Cash Flow
−$2,557 /mo (−$30,684/yr)
Monthly rental income
Monthly ownership cost
Coverage
46%
Net /mo
−$2,557
DSCR
0.54
Est. Annual Revenue
$37,599/yr
$284/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$2,077 /mo (−$24,921/yr)
Monthly STR income
Monthly ownership cost
Coverage
73%
Net /mo
−$2,076
DSCR
0.69
Elementary
Provo PeaksMiddle School
CentennialHigh School
TimpviewSchool District
Provo
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$475,000
+33% vs median
62 days
182
$189,900 – $43,000,000
$2,888
Moderate
7.5
per 1,000
22.4
per 1,000
12.2
per 1,000
42.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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