80 700, Provo, UT 84601
7BD/—BA Residential in Provo, UT 84601. 2,838 sqft. Built 1910. Listed at $799,000. MLS #2161741.
7BD/—BA Residential in Provo, UT 84601. 2,838 sqft. Built 1910. Listed at $799,000. MLS #2161741.
Rare investment opportunity in a prime Provo location! 3 Units, 2 dwellings: One single-family home and a duplex. Tremendous potential as an investment property. Zoned "Downtown Gateway" (GW) and NIGHTLY RENTAL APPROVED (Airbnb), lending to exceptional income-producing potential and redevelopment opportunities as both residential and commercial! Single-family home features 4 Bedrooms/1.5 Bathrooms. Duplex (Up/Down) has an upper unit with 2-Bedrooms/1 Bathroom. The basement unit has 1 Bedroom/1- Bathroom with daylight windows offering lots of natural light. All units have washers and dryers. The property includes 6 covered parking stalls. IDEAL LOCATION just minutes from the Provo Convention Center, NuSkin, BYU, freeway access, shopping, dining, and entertainment. Enjoy the local farmers' market on summer weekends. Whether you're seeking a cash-flowing rental, a redevelopment project, or a home with long-term upside in one of Provo's most desirable locations, this property presents a unique opportunity. No interior photos of 80 N 700 W (12-year tenants). Units are currently TENANT-OCCUPIED. Solid tenants with dependable rental income in place. Rentability is a 10! Excellent rental history. Please DO NOT disturb tenants! DO NOT trespass on the property or adjacent property, including the private drive. All showings are by appointment only and must be accompanied by the listing agent. Property does need some TLC. Property is sold as-is. Buyer to verify all information provided. This property includes parcels 04:068:0022 and 04:068:0023. Seller is also selling 75 N 600 W, Provo, UT MLS # 2161642. Can sold as a portfolio.
Property Type
Residential
Property Style
Triplex
County
Utah
Zoning
Multi-Family, Short Term Rental Allowed
Construction
Brick
Lot Size
0.29 sq ft
Condition
Blt./Standing
MLS #
2161741
Property Type
Residential
Property Style
Triplex
County
Utah
Zoning
Multi-Family, Short Term Rental Allowed
Construction
Brick
Lot Size
0.29 sq ft
Condition
Blt./Standing
MLS #
2161741
List Price
$799,000
Original Price
$824,900
Annual Taxes
$2,819
Home Warranty
No
List Price
$799,000
Original Price
$824,900
Annual Taxes
$2,819
Home Warranty
No
Heating
Gas: Central
Roof
Asphalt
Materials
Brick
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Gas: Central
Roof
Asphalt
Materials
Brick
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
2
Total Parking
2
Covered Spaces
2
Total Parking
2
Classification
Standard
Deal Score
45/100
vs Market Median
36% above
Price Reduced
3.1%
Area Growth (YoY)
3.7%
Deal Score Breakdown
45/100
3% price reduction from original list — seller may be motivated
3.7% year-over-year ZHVI growth in this area
Priced 36% above the per-subtype city median
STR net cashflow -$1,641/mo (-30.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Not enough comparable listings
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
$62,910/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,642 /mo (−$19,699/yr)
Monthly STR income
Monthly ownership cost
Coverage
99%
Net /mo
−$1,641
DSCR
0.91
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$465,000
+72% vs median
44 days
234
$190,999 – $38,000,000
$2,819
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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