339 S 600 W Provo, UT 84601
Franklin NeighborhoodEstimated payment $10,130/month
Highlights
- 0.43 Acre Lot
- Central Heating
- Carpet
- No HOA
- Partially Fenced Property
About This Home
New Price + Fully Leased Turnkey Opportunity! The property is 100% occupied, providing immediate cash flow in a prime Provo location. This investment includes two buildings (339 & 347) with 11 total units generating $12,320/month gross rent (339: Unit 1 - $1,100, Unit 2 - $1,090, Unit 3 - $1,095, Unit 4 - $1,235, Unit 5 - $1,085, Unit 6 - $1,000; 347: Unit 1 - $1,100, Unit 2 - $1,250, Unit 3 - $1,095, Unit 4 - $1,200, Unit 5 - $1,070). Two units are fully renovated, with all others in good condition. Tenants pay their own utilities through the property manager, and on-site laundry provides a great amenity to the tenants with revenue going to the vendor. If interested, Seller financing is available for up to 1 year with 20% down, 6% interest-only payments ($7,180), 0.5% origination fees at 6 and 9 months, and a 12-month balloon. Sale is lender-approved and not part of a 1031 exchange. Seller is motivated due to an unrelated financial obligation to the aforementioned lender. Showings: Interior tours are not available due to full occupancy unless under contract. Exterior tours are welcome at your convenience (please do not disturb tenants), and a video walkthrough from June is available here ( This is a rare, fully leased investment property offering strong turnkey income in a desirable Provo location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,801
Year Built
- Built in 1970
Lot Details
- 0.43 Acre Lot
- Partially Fenced Property
Home Design
- Brick Exterior Construction
Interior Spaces
- 6,105 Sq Ft Home
- Blinds
- Free-Standing Range
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 11 Bedrooms
- 11 Bathrooms
Parking
- 26 Parking Spaces
- 8 Carport Spaces
- 18 Open Parking Spaces
Schools
- Franklin Elementary School
- Dixon Middle School
- Provo High School
Utilities
- No Cooling
- Central Heating
- Natural Gas Connected
Community Details
- No Home Owners Association
- 11 Units
Listing and Financial Details
- Assessor Parcel Number 04-027-0029
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | Pending | -- | -- | -- |
| 08/19/2025 08/19/25 | For Sale | $1,795,000 | 0.0% | $294 / Sq Ft |
| 07/30/2025 07/30/25 | Pending | -- | -- | -- |
| 07/25/2025 07/25/25 | Price Changed | $1,795,000 | -3.0% | $294 / Sq Ft |
| 05/22/2025 05/22/25 | For Sale | $1,850,000 | 0.0% | $303 / Sq Ft |
| 04/28/2025 04/28/25 | Pending | -- | -- | -- |
| 02/28/2025 02/28/25 | Price Changed | $1,850,000 | -7.5% | $303 / Sq Ft |
| 12/10/2024 12/10/24 | Price Changed | $2,000,000 | -12.9% | $328 / Sq Ft |
| 11/20/2024 11/20/24 | For Sale | $2,295,000 | -- | $376 / Sq Ft |
Source: UtahRealEstate.com
MLS Number: 2051311
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