See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

358 W 500 S, Provo, UT, 84601

3beds
2baths
1,456sqft
$499,999
$343price/sqft
$3,023/moest. monthly cost
$120,920/yrincome needed

About This Home

Discover this beautifully maintained legal duplex, perfectly situated in the heart of Provo. Just steps from the iconic LDS Temple, downtown dining, the public library, and the Provo Rail Station. This property offers unbeatable convenience and walkability-ideal for families, investors, or anyone seeking a prime central location. Inside, you'll find three spacious bedrooms and two recently updated bathrooms featuring modern finishes and thoughtful design that elevate everyday living. The fully fenced backyard is a true standout: roomy, private, and shaded by mature trees. It includes a large outside dog kennel for your furry family members; and a generous storage shed that provides ample space for tools, toys, or seasonal items.The lower-level basement apartment is a game-changer for income potential-it's already pre-approved with the Utah Housing Authority and currently occupied on a flexible month-to-month lease, giving you immediate cash flow with peace of mind. Whether you're looking for a primary residence with extra rental income or a turnkey investment property, this Provo duplex delivers comfort, location, and value in one exceptional package. Don't miss your chance to own a slice of Provo's most desirable neighborhood! All information is provided as a courtesy and all information should be verified.

Getting Around

81
WalkingVery Walkable
54
TransitGood Transit
72
BikeVery Bikeable

Schools

4/10
Franklin SchoolGrades PK-60.3 mi
3/10
Dixon Middle SchoolGrades 7-80.8 mi
9/10

Construction

Condition

  • Property condition: Blt./Standing
  • Year built: 1939

Materials

  • Roof: Asphalt
  • Construction materials: Aluminum Siding

Notable Dates

  • Major remodel year: 1939

Type & Style

  • Home type: MultiFamily
  • Architectural style: Up And Down
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Disposal,Free-Standing Range
  • Laundry features: Electric Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Basement Entrance

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Basement Apartment
  • Window features: Blinds,Double Pane Windows
  • Flooring: Carpet,Tile,Concrete

Heating

  • Heating features: Electric,Forced Air,Central

Interior Area

  • Total structure area: 1,456
  • Total interior livable area: 1,456 sqft

Property

Details

  • Parcel number: 040180003
  • Attached to another structure: Yes
  • Zoning description: Multi-Family

Features

  • Fencing: Full
  • Topography of land: Terrain
  • Residential vegetation: Landscaping: Full,Vegetable Garden,Xeriscaped

Lot

  • Lot size: 4,791 sqft
  • Features: Curb & Gutter,Sprinkler: Auto-Part
  • Lot size dimensions: 0.0 x 0.0 x 0.0

Parking

  • Total spaces: 2
  • Parking features: Open
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Lightning
Winter Weather

FEMA Declared Disasters Across Utah Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,528$30,336
Home Insurance $106$1,272
Property Taxes $220$2,640
Electricity $169$2,039
Total$3,023$36,276

Income You'd Need if You Spent...

35% on housing$103,645/yr
40% on housing$90,690/yr
45% on housing$80,613/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 0.9%
0.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.9%
2.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$343This listing

vs Other Active Listings

Avg $/sqft

ZIP 84601$183
Utah County$203

vs Homes Sold Last Month

Median $/sqft

ZIP 84601$221
Utah County$203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-26Price change$499,999
2022-11-09Pending sale$415,000
2022-10-20Listed for sale$415,000
2022-03-30Listing removed--
2022-03-22Listed for rent$1,200

For Sale by Agent

AgentGreg Padgett
BrokerageRealtypath LLC (Home and Family)

Similar Homes