For sale · Provo

$789,900

1129 W 650 N, Provo, UT

8 bedrooms4 bathrooms2,832 square feet

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8bedrooms
4bathrooms
2,832square feet
0.18acre lot
1979year built

The story

About this home.

About this home

An exceptional investment opportunity just minutes from BYU, this well-located duplex is currently priced at a 5.8% cap rate, offering an attractive combination of current income and flexibility in one of Provo's consistently in-demand rental corridors. Two spacious 4-bedroom, 2-bath units provide 8 bedrooms and 4 baths total, giving investors multiple options for generating income. Rent each unit as a whole to families or groups, or maximize rental income by leasing room by room. Both units are currently occupied with leases in place, providing income from day one. Separate gas, power, and water heaters help simplify utilities, with tenants responsible for their own gas and electric. Each unit also features its own laundry, fireplace, deck, and full kitchen with appliances included. Five uncovered parking spaces provide convenient on-site parking. With strong rental demand, existing tenants, and a current 5.8% cap rate, this is an opportunity worth a closer look for investors seeking an established income-producing property near BYU.

Home facts

Status
Active
Type
Residential
Built
1979
Lot
0.18 acres
Living area
2,832 sq ft
ZIP code
84601

Listing courtesy of Atlas Real Estate, LLC, Christopher Nehren, 801-450-2675.

Presented by Real Broker, LLC.

Based on information from UtahRealEstate.com as of 2026-11-08. 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.

IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

What it costs a month.

Your estimated payment

$4,281/mo

  • Principal and interest $4,281

Rate starts at Freddie Mac's weekly 30-year average (2026-11-05) · $631,920 · An estimate only, not a loan offer. Property taxes and insurance are extra; a lender gives you real figures.

Where it is.

Based on information from UtahRealEstate.com as of 2026-11-08. 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.

IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

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Real Broker, LLC

Your next move starts here.The Luxury Agency is Parry Dean Ward's real estate team at Real Broker, LLC, based in Salt Lake City, Utah.

165 S Regent St, Salt Lake City, UT 84111