491 S FREEDOM BLVD #104204 photo 1
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Duplex
$45,000 reduction
Active
84Days on Market

$650,000

$295/sqft+3.8%/yrHome values in the 84601 zip code have grown an average of 3.8% per year over the last 5 years.

$695,000↓$45,000 (6%)Aug 19

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About This Property

I'm interested

Live Upstairs. Build Your Business Downstairs. Own Your Future. This is one of the most unique opportunities currently available in downtown Provo. With both the residential condo and the commercial space now completely vacant, the next owner has a blank canvas to create exactly the lifestyle and business they've been dreaming about. Located just minutes from BYU, Downtown Provo, Provo Towne Centre, the FrontRunner station, TRAX connections, I-15, restaurants, shopping, and entertainment, this rare mixed-use property offers flexibility that's incredibly difficult to find. The upper level features a bright and updated 2-bedroom, 1-bath residence with an open layout, modern finishes, abundant natural light, and a comfortable space to call home. Downstairs is approximately 1,100 square feet of commercial space, ready for your vision. Whether you've dreamed of opening a boutique, coffee shop, bakery, salon, fitness studio, creative office, photography studio, wellness practice, retail storefront, or professional office, this location gives you the opportunity to work where you live-with your commute measured in steps instead of miles. For investors, the possibilities are just as exciting. Lease both spaces separately, occupy one while generating income from the other, or create a long-term mixed-use investment in one of Utah County's fastest-growing markets. Property highlights include: Mixed-use zoning with residential and commercial flexibility Both units vacant and ready for immediate occupancy Separate entrances for residential and commercial spaces Separate gas and power meters Separate water heaters Excellent visibility along Freedom Boulevard Minutes from BYU and Downtown Provo Convenient access to FrontRunner, TRAX connections, UVX Bus Rapid Transit, and I-15 High-demand location surrounded by housing, restaurants, retail, and local businesses Opportunities like this rarely become available. Whether you're an entrepreneur ready to invest in yourself, a business owner looking to eliminate a daily commute, or an investor searching for a one-of-a-kind asset, this property delivers flexibility, convenience, and long-term potential in one of Provo's most desirable locations. Schedule your private showing today. Buyer to verify all information. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.

Property Features

Heating

Forced Air,Gas: Central

Flooring

Vinyl

Interior Features

Closet: Walk-In,Disposal,Range/Oven: Free Stdng.,Dishwasher: Built-In

Exterior Features

Double Pane Windows

Parking

Parking: Uncovered

HOA Details

HOA Fee$225/mo

Fee Includes

Insurance

Community Amenities

Insurance,Snow Removal

Unit Breakdown

Type 1

2 bed · 2 bath · Square Feet: 1100

$0/mo

Type 2

1 bath · Square Feet: 1100

$0/mo

Total Actual Rent(2 units)

$0/mo

Location

Estimated Monthly Payment

$3,787/mo

Down Payment$130,000 (20%)
Principal & Interest$3,297
Property Tax$265/mo
HOA (incl. insurance)$225/mo
Est. Total$3,787/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.

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MLS# 2162726• Tax ID: 65-393-0003

Courtesy of Jessica Williams, Real Broker, LLC · 801-380-7676 · jessica@buyandsellutah.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

$3,787/mo

Down Payment$130,000 (20%)
Principal & Interest$3,297
Property Tax$265/mo
HOA (incl. insurance)$225/mo
Est. Total$3,787/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# 2162726• Tax ID: 65-393-0003

Courtesy of Jessica Williams, Real Broker, LLC · 801-380-7676 · jessica@buyandsellutah.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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