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    Multifamily Property with Grandfathered Rights Title is generated by Realmo AI

    222 E 4200 N, Provo, UT 84604

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    Claim this Listing
    New
    For Sale
    $575,000

    MULTI_FAMILY - Other - Provo, UT

    Property size:
    4,550 SF
    Lot size:
    0.29 Acres
    Price / SF:
    $126/SF
    Added:
    Jun 24, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 26 at 5:06 am

    Property Features for 222 E 4200 N

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Multi-Family
    Bedrooms
    5
    Bathrooms
    4
    Rooms
    Bedroom 1, Bedroom 3, Bedroom 5, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 4
    Parking
    2
    Standard status
    Active
    APN
    46-060-0003
    Size
    4,550 SF
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3553

    Utilities

    Sewer type
    Public Sewer

    Building Details

    Year built
    1971
    Number of units
    2
    Architectural style
    Other

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    Adam Knight

    Listing agent Adam Knight

    Listing office Realtypath LLC (Prestige) 7985 S 700 E, Sandy, UT

    Listing date Jun 24, 2026

    MLS# 2167685 Listing URL

    Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • East Bench Provo home built in 1971
    • Reported 4,500+ total SF; county records indicate 2,275 sqft up and down (exact measurements not verified—buyers should confirm)
    • 5 bedrooms and 4 bathrooms (Room list includes Bedroom 1–5 and Bathroom 1–4)
    • Grandfathered multi‑family rights for potential rental income or future development
    • Large lot with mountain views from the deck and yard
    • Connected to public sewer

    Overview

    This property is a multi-family residential income opportunity with grandfathered multi-family rights. It includes an open, spacious layout designed for flexible living arrangements and natural light. The home is described as having solid “bones” and an inviting layout, with meaningful upside through cosmetic upgrades and general TLC. The reported total size is 4,500+ square feet, and county records indicate approximately 2,275 square feet up and down; exact measurements have not been verified, and buyers are advised to confirm their own measurements or obtain a professional appraisal.

    Located at 222 E 4200 N in Provo, UT, the property sits on a 0.29-acre lot. Showings are limited to 1–3 PM and 5–7 PM. The exterior space includes a deck and yard with mountain views, providing an outdoor setting for daily use and entertaining.

    For buyers, the grandfathered multi-family rights offer a straightforward path to rental-oriented use, while also allowing consideration of future development options, subject to applicable approvals. The open layout and sizable lot may support a range of tenant or occupant needs, and the available value-add work can be aligned with a buyer’s timeline and finishing plan.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $73.7k $16.20
    − Vacancy −$3.6k −$0.80
    EGI $70.1k $15.40
    − OpEx −$21.0k −$4.62
    NOI $49.0k $10.78
    4,550 SF · lease $16.20/SF/yr · vacancy 4.94% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $700.7K
    $613.1K – $817.5K (±1% cap)
    NOI $49,048 @ 7.0% cap · market cap 8.53%
    Second Best
    Apartment 5plus
    $642.6K
    $562.3K – $749.7K (±1% cap)
    NOI $44,980 @ 7.0% cap · market cap 7.82%
    Theoretical Best
    Office A
    $1.25M
    $1.10M – $1.46M (±1% cap)
    NOI $87,841 @ 7.0% cap · market cap 15.28%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Provo
    County
    Utah
    State
    Utah
    Longitude
    -111.65521
    Latitude
    40.288667

    FAQs

    What type of property is this?
    Duplex - Grandfathered multi-family rights support rental income or future development on a large lot with mountain views from the deck and yard.
    Where is this duplex located?
    The property is located at 222 E 4200 N Provo, UT.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: East Bench Provo home built in 1971; Reported 4,500+ total SF; county records indicate 2,275 sqft up and down (exact measurements not verified—buyers should confirm); 5 bedrooms and 4 bathrooms (Room list includes Bedroom 1–5 and Bathroom 1–4)
    More about this property
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