433 N 300 E Provo, UT 84606
Joaquin NeighborhoodEstimated payment $5,170/month
Highlights
- Mountain View
- Porch
- Tile Flooring
- No HOA
- Double Pane Windows
- 3-minute walk to Joaquin Park
About This Home
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: 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 Agent
Austin Wahl
Edge Realty License #13957565 Listed on: 02/27/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,724
Year Built
- Built in 1924
Lot Details
- 6,534 Sq Ft Lot
- East Facing Home
- Partially Fenced Property
- Landscaped
Parking
- 2 Car Garage
- Open Parking
Home Design
- Duplex
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 2,152 Sq Ft Home
- Double Pane Windows
- Blinds
- Mountain Views
- Exterior Basement Entry
- Disposal
- Electric Dryer Hookup
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Outdoor Features
- Porch
Schools
- Joaquin Elementary School
- Farrer Middle School
- Timpview High School
Utilities
- No Cooling
- Forced Air Heating System
- Natural Gas Connected
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 05-042-0002
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,945 | $271,865 | -- | -- |
| 2024 | $2,945 | $289,905 | $0 | $0 |
| 2023 | $2,958 | $287,045 | $0 | $0 |
| 2022 | $2,794 | $273,350 | $0 | $0 |
| 2021 | $2,330 | $397,600 | $139,200 | $258,400 |
| 2020 | $2,220 | $355,100 | $124,300 | $230,800 |
| 2019 | $1,985 | $330,300 | $120,700 | $209,600 |
| 2018 | $1,702 | $287,200 | $162,400 | $124,800 |
| 2017 | $1,731 | $160,545 | $0 | $0 |
| 2016 | $1,572 | $135,850 | $0 | $0 |
| 2015 | $1,425 | $124,465 | $0 | $0 |
| 2014 | $1,192 | $108,570 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/20/2026 03/20/26 | Price Changed | $924,900 | -2.6% | $430 / Sq Ft |
| 02/27/2026 02/27/26 | For Sale | $950,000 | -- | $441 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Prime Title | |
| Warranty Deed | -- | Accommodation | |
| Warranty Deed | -- | Access Title Company | |
| Warranty Deed | -- | Affiliated First Title Comp | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $559,675 | FHA | |
| Previous Owner | $193,125 | Commercial | |
| Previous Owner | $192,000 | Commercial | |
| Previous Owner | $136,000 | Commercial | |
| Previous Owner | $75,000 | Commercial |
Source: UtahRealEstate.com
MLS Number: 2139738
APN: 05-042-0002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Licensor is only providing the MLS Content and not other sources of data provided in the Product.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc.. 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.
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Ask me questions while you tour the home.