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701 E 500 S photo 11 / 14

$760,000

701 E 500 S, Bountiful, UT 84010

Units

2

Price/Unit

$380,000

Price/Sqft

$270

Est Gross Yield

4.7%

$35,904/yr est.

Property Details

Property typeDuplex
Year built1949
Total units2
Living area2,811 sqft
Bedrooms4
Bathrooms3
Lot size0.19 acres
Parking2 spaces
Days on market8
Listed2026-07-30T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
2BR / 1BA121937$1,650/mo
1BR / 1BA111937$1,350/mo
1BR / 1BA111937$1,000/mo
Total3432,811$4,000/mo

Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.

Description

Updated Bountiful Duplex - Turnkey income property, beautifully refreshed and fully rented at $4,000/month on month-to-month leases - flexibility to keep income in place, raise rents to market, or reconfigure. Bonus upside with a legal non-conforming third unit (buyer to verify use and zoning with Bountiful City). Recent updates include new LVP flooring, new tile, fresh paint, new cabinets, new appliances, and select electrical upgrades - clean, modern, and low-maintenance for the next owner. Prime location: minutes from the hospital, walking distance to schools, and close to shopping, dining, and I-15. Ideal for investors or owner-occupants looking to offset the mortgage. Move-in ready with month-to-month flexibility - schedule your showing today. Square footage figures are provided as a courtesy estimate only and were obtained from the county. Buyer is advised to obtain an independent measurement.

Listed by Tayte Lackey · RE/MAX Peaks

Location

701 E 500 S, Bountiful, UT 84010

Proforma

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Cap Rate

3.89%

Cash-on-Cash

-2.09%

Cash Flow

-$497/mo

Purchase Price$760,000
Down Payment35% ($266,000)
Interest Rate6.00%
Monthly Rent$3,706/mo
Vacancy5%
Expense Ratio30% ($12,675)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.

© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 8/7/2026, 6:42:17 AM. 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. Listing data provided by UtahRealEstate.com.