Live Upstairs. Build Your Business Downstairs. Own Your Future. This is one of the most unique opportunities currently available in downtown Provo. With both the residential condo and the commercial space now completely vacant, the next owner has a blank canvas to create exactly the lifestyle and business they've been dreaming about. Located just minutes from BYU, Downtown Provo, Provo Towne Centre, the FrontRunner station, TRAX connections, I-15, restaurants, shopping, and entertainment, this rare mixed-use property offers flexibility that's incredibly difficult to find. The upper level features a bright and updated 2-bedroom, 2-bath residence with an open layout, modern finishes, abundant natural light, and a comfortable space to call home. Downstairs is approximately 1,100 square feet of commercial space, ready for your vision. Whether you've dreamed of opening a boutique, coffee shop, bakery, salon, fitness studio, creative office, photography studio, wellness practice, retail storefront, or professional office, this location gives you the opportunity to work where you live-with your commute measured in steps instead of miles. For investors, the possibilities are just as exciting. Lease both spaces separately, occupy one while generating income from the other, or create a long-term mixed-use investment in one of Utah County's fastest-growing markets. Property highlights include: Mixed-use zoning with residential and commercial flexibility Both units vacant and ready for immediate occupancy Separate entrances for residential and commercial spaces Separate gas and power meters Separate water heaters Excellent visibility along Freedom Boulevard Minutes from BYU and Downtown Provo Convenient access to FrontRunner, TRAX connections, UVX Bus Rapid Transit, and I-15 High-demand location surrounded by housing, restaurants, retail, and local businesses Opportunities like this rarely become available. Whether you're an entrepreneur ready to invest in yourself, a business owner looking to eliminate a daily commute, or an investor searching for a one-of-a-kind asset, this property delivers flexibility, convenience, and long-term potential in one of Provo's most desirable locations. Schedule your private showing today. Buyer to verify all information. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
For sale
Price cut: $9K (8/19)
$650,000
491 S Freedom Blvd #104-204, Provo, UT 84606
2beds
2baths
2,200sqft
Duplex
Built in 2014
-- sqft lot
$642,100 Zestimate®
$295/sqft
$225/mo HOA
What's special
Modern finishesOpen layoutAbundant natural light
- 120 days
- 146
- 13
Zillow last checked:
Listing updated:
Listed by:
Jessica Williams,
Real Broker, LLC,
R Crosby Nnah 801-380-4899,
Real Broker, LLC
Source: UtahRealEstate.com,MLS#: 2162726
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Forced Air, Central
Appliances
- Included: Disposal, Free-Standing Range, Built In Dishwasher
Features
- Walk-In Closet(s)
- Flooring: Vinyl
- Windows: None, Double Pane Windows
- Has fireplace: No
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
Property
Parking
- Total spaces: 2
- Parking features: Open
- Uncovered spaces: 2
Lot
- Size: 1,306 Square Feet
- Residential vegetation: Landscaping: Full
Details
- Parcel number: 653930003
- Zoning: MULTI
- Zoning description: Multi-Family, Commercial
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Up And Down
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Brick, Stucco
- Roof: Flat
Condition
- Blt./Standing
- New construction: No
- Year built: 2014
Utilities & green energy
- Sewer: Public Sewer, Sewer: Public
- Water: Culinary
- Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Carson Corner
HOA
- Has HOA: Yes
- Amenities included: Insurance, Snow Removal
- Services included: Insurance
- HOA fee: $225 monthly
- HOA name: Sarah Penberthy
- HOA phone: 801-235-7368
Location
- Region: Provo
Financial & listing details
- Price per square foot: $295/sqft
- Tax assessed value: $451,200
- Annual tax amount: $3,179
- Date on market: 6/2/2026
- Listing terms: Cash,Commercial Fin. Req.,Conventional
- Inclusions: Dryer, Microwave, Range, Refrigerator, Washer
- Acres allowed for irrigation: 0
- Electric utility on property: Yes
Estimated market value
$642,100
$610,000 - $674,000
$1,727/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Price change | $650,000-1.4%$295/sqft |
Source: | ||
| 8/2/2026 | Price change | $659,000-5.2%$300/sqft |
Source: | ||
| 6/4/2026 | Listed for sale | $695,000$316/sqft |
Source: | ||
| 5/1/2026 | Listing removed | $695,000$316/sqft |
Source: | ||
| 1/23/2026 | Price change | $695,000-0.7%$316/sqft |
Source: | ||
| 10/16/2025 | Price change | $700,000-2.1%$318/sqft |
Source: | ||
| 9/5/2025 | Price change | $715,000-2%$325/sqft |
Source: | ||
| 7/12/2025 | Listed for sale | $729,900+40.4%$332/sqft |
Source: | ||
| 9/16/2020 | Listing removed | $520,000$236/sqft |
Source: Simple Choice Real Estate #1700182 Report a problem | ||
| 9/9/2020 | Listed for sale | $520,000-47.9%$236/sqft |
Source: Simple Choice Real Estate #1700182 Report a problem | ||
| 12/25/2019 | Listing removed | $999,000$454/sqft |
Source: RE/MAX Equity #1609941 Report a problem | ||
| 8/27/2019 | Price change | $999,000-4.9%$454/sqft |
Source: RE/MAX Equity #1609941 Report a problem | ||
| 7/28/2019 | Pending sale | $1,050,000$477/sqft |
Source: RE/MAX Equity #1609941 Report a problem | ||
| 7/10/2019 | Price change | $1,050,000-6.7%$477/sqft |
Source: RE/MAX Equity #1609941 Report a problem | ||
| 6/18/2019 | Listed for sale | $1,125,000$511/sqft |
Source: RE/MAX Equity #1609941 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,448 +8.5% | $451,200 +10% |
| 2024 | $3,179 -29.2% | $410,200 -29.4% |
| 2023 | $4,489 +47.3% | $581,200 +47.5% |
| 2022 | $3,048 +10% | $394,100 +51.6% |
| 2021 | $2,770 -6.3% | $260,040 -20.3% |
| 2020 | $2,955 +13.8% | $326,100 +37.2% |
| 2019 | $2,597 +34.9% | $237,645 -20.2% |
| 2018 | $1,925 -10.2% | $297,900 +66.9% |
| 2017 | $2,144 | $178,525 -3.6% |
| 2016 | $2,144 +13.7% | $185,260 +12.5% |
| 2015 | $1,885 | $164,650 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Central Business District
Nearby schools
Schools provided by the listing agent
- Elementary: Franklin
- Middle: Dixon
- High: Provo
- District: Provo
Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





