433 N 300 E , Provo, UT 84606
- $924,900
Description
PRICE ADJUSTED: PRO-FORMA 5.89% CAP RATE. Rare ‘Unicorn’ duplex legally grandfathered for 10 unrelated residents. Skip the zoning anxiety; property was fully brought to code and licensed in Jan 2026. While licenses are non-transferable per city code, the hard work is done-simply apply for your new license ($60) and step into a turnkey, 100% pre-leased asset through August 2027. FINANCIALS: Current $4,359/mo (9 tenants) contractually increases to $4,940/mo (10 tenants) in August 2026. All new 12-month agreements are already executed with deposits held. 100% utility reimbursement (Water, Sewer, Trash, Gas, Electric, Internet). UPGRADES: New Roof (2023), Lennox HVAC (2017), fresh paint/carpet. Property features 2 kitchens, 2 laundry sets, 2-car garage, and massive storage shed. Strategic upside remains in monetizing parking/storage. Property is fully occupied with a 50+ applicant waitlist. Property tour URL: https://tinyurl.com/2rsfbn4r Investor and disclosure documents attached to listing. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement. Seller is a licensed real estate agent in the state of Utah and is representing themselves.
Address
Open on Google Maps-
Address: 433 N 300 E
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City: Provo
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State/county: UT
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Zip/Postal Code: 84606
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Country: US
Details
Updated on April 9, 2026 at 5:16 pm-
Property ID 2139738
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Price $924,900
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Property Size 2152 sqft
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Land Area 0.15 sqft
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Bedrooms 6
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Bathrooms 2
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Garages 2.0
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Garage Size x x
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Year Built 1924
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Property Type Duplex, Residential
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Property Status Pending
Additional details
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Listing Terms Cash, Conventional
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Roof Asphalt
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Utilities Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
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Sewer Sewer: Connected
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Heating Forced Air,Gas: Central
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Flooring Carpet, Tile
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County Utah
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Property Type Residential
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Parking Covered,Parking: Uncovered
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Elementary School Joaquin
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Middle School Farrer
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High School Timpview
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Architectural Style Up And Down