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358 W 400 S, Provo, UT, 84601

6beds
3baths
2,902sqft
$699,000
$241price/sqft
$4,167/moest. monthly cost
$166,680/yrincome needed

About This Home

Fantastic income-producing triplex in Provo, Utah just minutes from downtown Provo, BYU, and the FrontRunner commuter rail! This property features three 2-bedroom/1-bath units, each thoughtfully remodeled with updated kitchens, bathrooms, and in-unit washer/dryers. Major updates include a new roof, new electrical panel, water line, windows, flooring, cabinetry, and fresh exterior paint. With separate gas meters and tenant-paid utilities, expenses stay low. Projected rents of approximately $1,500/unit offer strong cash flow potential of $4,000$4,500/month. Whether you're a seasoned investor or just getting started in Provo real estate, this is a must-see opportunity near Utah Valley's Silicon Slopes corridor! No HOA. Fiber internet. All 3 units can be shown with 48 hour notice. Square feet as per County. Buyer and Buyer's Broker to verify all information including square footage and acreage.

Getting Around

85
WalkingVery Walkable
53
TransitGood Transit
74
BikeVery Bikeable

Schools

4/10
Franklin SchoolGrades PK-60.2 mi
3/10
Dixon Middle SchoolGrades 7-80.7 mi
9/10

Construction

Condition

  • Property condition: Blt./Standing
  • Year built: 1918

Materials

  • Roof: Asphalt
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Appliances included: Free-Standing Range

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3

Features

  • Flooring: Carpet,Laminate,Tile

Heating

  • Heating features: Forced Air,Central

Interior Area

  • Total structure area: 2,902
  • Total interior livable area: 2,902 sqft

Property

Details

  • Parcel number: 040250012
  • Attached to another structure: Yes
  • Zoning description: Multi-Family

Features

  • Levels: Two
  • Patio & porch: Porch,Open Porch
  • Fencing: Partial
  • Frontage length: 54.5
  • Residential vegetation: Landscaping: Full,Mature Trees

Lot

  • Lot size: 5,227 sqft
  • Features: Curb & Gutter,Secluded
  • Lot size dimensions: 54.5 x 99.0 x 68.0

Parking

  • Total spaces: 4
  • Parking features: Open
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

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 $3,534$42,408
Home Insurance $149$1,788
Property Taxes $308$3,696
Electricity $176$2,113
Total$4,167$50,004

Income You'd Need if You Spent...

35% on housing$142,868/yr
40% on housing$125,010/yr
45% on housing$111,120/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

$241This listing

vs Other Active Listings

Avg $/sqft

ZIP 84601$182
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
2026-05-13Price change$799,000
2026-04-16Price change$815,000
2025-08-15Price change$799,000
2025-07-07Price change$799,900
2025-06-16Price change$849,900
2025-06-06Price change$850,000
2025-05-23Price change$849,900
2025-05-08Listed for sale$850,000
2021-07-19Sold--
2021-07-08Pending sale$654,900
2021-06-21Listed for sale$654,900
2021-06-17Pending sale$654,900
2021-06-14Listed for sale$654,900
2020-12-04Listing removed$485,000
2020-07-08Listed for sale$485,000

For Sale by Agent

AgentDavid Kruger
BrokerageSummit Realty, Inc.

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