$924,900

433 N 300 E, Provo, UT 84606

  • 6 beds |
  • 2 baths |
  • 2,152 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $430/sqft
  • Property List Date Icon Listed 1 month ago

Property 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.

Listing Status:
Active
Date Added:
February 25, 2026
Data Last Updated:
April 5, 2026 at 7:40AM
Listing Office:
Edge Realty : 801-830-9400
Listing Agent:
Austin Wahl : 801-623-0469
MLS ID:
2139738
  • General: Disposal
  • Laundry: Electric Dryer Hookup
  • Flooring: CarpetTile
  • Heating: Forced AirGas: Central
  • General: Basement EntranceDouble Pane WindowsPorch: Open
  • Style: Up And Down
  • Parking: CoveredParking: UncoveredParking spaces: 2
  • Roofing: Asphalt
  • Windows: Blinds
  • General: Blt./Standing
  • Originating MLS: UtahRealEstate.com
  • School District: Provo
  • County: Utah
  • Topography: Curb & GutterFenced: PartRoad: PavedSidewalksView: Mountain
  • Landscaping: Landscaping: Full
  • Zoning: Multi-Family05-042-0002
  • View: Mountain(s)View
  • Current Use: Residential
  • Utilities: Natural Gas ConnectedElectricity ConnectedSewer ConnectedWater Connected
  • Water: Culinary
  • Sewer: Sewer: Connected
  • Source: UtahRealEstate.com

This listing courtesy of Austin Wahl , Edge Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Provo Peaks School

665 E Center St, Provo, UT, 84606

Grades PK-6

0.48 miles away

P

Provo Eschool

280 W 940 N, Provo, UT, 84604

Grades KG-12

0.73 miles away

P

Provo Eschool

280 W 940 N, Provo, UT, 84604

Grades KG-12

0.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.