358 500, Provo, UT 84601
3BD/—BA Residential in Provo, UT 84601. 1,456 sqft. Built 1939. Listed at $499,999. MLS #2153453.
3BD/—BA Residential in Provo, UT 84601. 1,456 sqft. Built 1939. Listed at $499,999. MLS #2153453.
Discover this beautifully maintained legal duplex, perfectly situated in the heart of Provo. Just steps from the iconic LDS Temple, downtown dining, the public library, and the Provo Rail Station. This property offers unbeatable convenience and walkability-ideal for families, investors, or anyone seeking a prime central location. Inside, you'll find three spacious bedrooms and two recently updated bathrooms featuring modern finishes and thoughtful design that elevate everyday living. The fully fenced backyard is a true standout: roomy, private, and shaded by mature trees. It includes a large outside dog kennel for your furry family members; and a generous storage shed that provides ample space for tools, toys, or seasonal items.The lower-level basement apartment is a game-changer for income potential-it's already pre-approved with the Utah Housing Authority and currently occupied on a flexible month-to-month lease, giving you immediate cash flow with peace of mind. Whether you're looking for a primary residence with extra rental income or a turnkey investment property, this Provo duplex delivers comfort, location, and value in one exceptional package. Don't miss your chance to own a slice of Provo's most desirable neighborhood! All information is provided as a courtesy and all information should be verified.
Property Type
Residential
Property Style
Duplex
Architectural Style
Up And Down
County
Utah
Zoning
Multi-Family
Construction
Aluminum
Lot Size
0.11 sq ft
Condition
Blt./Standing
MLS #
2153453
Property Type
Residential
Property Style
Duplex
Architectural Style
Up And Down
County
Utah
Zoning
Multi-Family
Construction
Aluminum
Lot Size
0.11 sq ft
Condition
Blt./Standing
MLS #
2153453
List Price
$499,999
Annual Taxes
$2,381
Home Warranty
No
List Price
$499,999
Annual Taxes
$2,381
Home Warranty
No
Heating
Electric,Forced Air,Gas: Central
Roof
Asphalt
Flooring
Carpet,Tile,Concrete
Materials
Aluminum
Laundry
Electric Dryer Hookup
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
Heating
Electric,Forced Air,Gas: Central
Roof
Asphalt
Flooring
Carpet,Tile,Concrete
Materials
Aluminum
Laundry
Electric Dryer Hookup
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
0
Total Parking
2
Covered Spaces
0
Total Parking
2
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
75/100
vs Similar Homes
15% below
vs Market Median
18% above
Area Growth (YoY)
1.8%
Deal Score Breakdown
75/100 · 1 qualifying signal
Priced 15% below the median of similar listings
1.8% year-over-year ZHVI growth in this area
Priced 18% above the per-subtype city median
STR net cashflow -$2,055/mo (-61.2% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
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
Est. Annual Revenue
$22,311/yr
$284/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$2,055 /mo (−$24,665/yr)
Monthly STR income
Monthly ownership cost
Coverage
55%
Net /mo
−$2,055
DSCR
0.52
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$475,000
+5% vs median
62 days
182
$189,900 – $43,000,000
$2,381
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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