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386 N 500 E, Provo, UT — photo 11 / 24

$725,000

Reduced from $750,000 · today

386 N 500 E, Provo, UT 84606

Units

2

Price/Unit

$362,500

Price/Sqft

$271

Est Gross Yield

5.3%

$38,484/yr est.

Property Details

Property typeDuplex
Year built1903
Total units2
Living area2,678 sqft
Bedrooms8
Bathrooms3
Lot size0.13 acres
Days on market201
Listed2026-03-14T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
3BR / 1BA1311,038$1,500/mo
5BR / 2BA1521,650$2,400/mo
Total2832,688$3,900/mo

Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.

Description

Fantastic opportunity to own a Duplex just steps from Brigham Young University South Campus. The larger unit features 5 bedrooms and 2 bathrooms and is currently rented for $2,400/month. The second unit offers 3 bedrooms and 1 bathroom and is currently rented for $1,500/month. Both units include washer/dryer hookups and have received cosmetic updates in recent years, with additional upside potential to further increase rents. The roof was replaced in 2021. *THIS PROPERTY QUALIFIES FOR A $5,000 GRANT* INQUIRE AGENT FOR MORE DETAILS. Owner/Agent.

Listed by Porter Criddle · Investment Realty Advisors LLC

Location

386 N 500 E, Provo, UT 84606

Proforma

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Cap Rate

3.53%

Cash-on-Cash

-3.06%

Cash Flow

-$693/mo

Purchase Price$725,000
Down Payment35% ($253,750)
Interest Rate6.00%
Monthly Rent$3,207/mo
Vacancy5%
Expense Ratio30% ($10,968)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.

© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/1/2026, 7:14:16 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.