358 W 400 S photo 1
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Triplex
$116,000 reduction
Active
132Days on Market

$699,000

$241/sqft+3.8%/yrHome values in the 84601 zip code have grown an average of 3.8% per year over the last 5 years.

$815,000↓$116,000 (14%)Jul 14

Price history — protected

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About This Property

I'm interested

Fantastic income-producing triplex in Provo, Utah just minutes from downtown Provo, BYU, and the FrontRunner commuter rail! This property features three 2-bedroom/1-bath units, each thoughtfully remodeled with updated kitchens, bathrooms, and in-unit washer/dryers. Major updates include a new roof, new electrical panel, water line, windows, flooring, cabinetry, and fresh exterior paint. With separate gas meters and tenant-paid utilities, expenses stay low. Projected rents of approximately $1,500/unit offer strong cash flow potential of $4,000$4,500/month. Whether you're a seasoned investor or just getting started in Provo real estate, this is a must-see opportunity near Utah Valley's Silicon Slopes corridor! No HOA. Fiber internet. All 3 units can be shown with 48 hour notice. Square feet as per County. Buyer and Buyer's Broker to verify all information including square footage and acreage.

Property Features

Heating

Forced Air,Gas: Central

Flooring

Carpet,Laminate,Tile

Interior Features

Kitchen: Updated,Range/Oven: Free Stdng.

Exterior Features

Porch: Open

Parking

Parking: Uncovered

Unit Breakdown

Type 1

2 bed · 1 bath · Square Feet: 1026

$1,500/mo

Type 2

2 bed · 1 bath · Square Feet: 1000

$1,500/mo

Type 3

2 bed · 1 bath · Square Feet: 1000

$1,500/mo

Total Actual Rent(3 units)

$4,500/mo

Location

Estimated Monthly Payment

$3,991/mo

Down Payment$139,800 (20%)
Principal & Interest$3,545
Property Tax$315/mo
Insurance (est.)$131/mo
Est. Total$3,991/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

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MLS# 2150919• Tax ID: 04-025-0012

Courtesy of David Kruger, Summit Realty, Inc. · dkrugerRE@gmail.com

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.

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Estimated Monthly Payment

$3,991/mo

Down Payment$139,800 (20%)
Principal & Interest$3,545
Property Tax$315/mo
Insurance (est.)$131/mo
Est. Total$3,991/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

Generic estimate. Create an account to enter your down payment, rate, and cash on hand for a number tailored to you.

Create account & personalize

MLS# 2150919• Tax ID: 04-025-0012

Courtesy of David Kruger, Summit Realty, Inc. · dkrugerRE@gmail.com

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.

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Schools

Elementary

Franklin

Middle School

Dixon

High School

Provo

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