Four-Unit Multifamily
For Sale
$995,000
768 E 300 N, Provo, UT 84606
Residential, Provo, UT
Property Size4,116 SF
Lot Size0.40 Acres
Price / SF$241.74
Days on Market64
Property Features for 768 E 300 N
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
12
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 10, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 9, Bedroom 12, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 8, Bathroom 1, Bedroom 3, Bathroom 4, Bedroom 2, Bedroom 11, Bedroom 7
Parking features
Covered
Subdivision
PARK
Lot features
Cul-De-Sac, Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto- Full
Elementary school
Provo Peaks
Middle school
Centennial
High school
Timpview
Elementary school district
Provo
Middle school district
Provo
High school district
Provo
Standard status
Active
APN
22-019-0002
Size
4,116 SF
Lot size
0.40 Acres
Taxes and HOA fees
Tax Annual Amount
5094
Building Details
Year built
1975
Floors in Building
1
Number of units
4
Building materials
Cedar, Stone
Roof type
Asphalt
Architectural style
Other
Listing Agency:
REDFIN CORPORATION
(801) 613-7062
Listed By:
Daniel Lopez · License #9852622-SA00
(505) 231-7800
Added: Aug 5
Changed: Sep 22
Last Checked: Oct 7 at 1:06PM
MLS# 2180027
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.
Investment Insights
Based on property information with market context.
This four-unit multifamily property is arranged as two duplexes on one lot at 768 E 300 N in Provo. Each residence offers 3 bedrooms and 1 bathroom, with a front-positioned kitchen and a separate living area. The property contains 4,116 square feet on approximately 0.40 acres and was built in 1975.
Construction includes cedar and stone, with an asphalt roof and covered parking. The property is located near BYU, providing a defined Provo setting for a four-unit residential configuration with a consistent unit mix.
Construction includes cedar and stone, with an asphalt roof and covered parking. The property is located near BYU, providing a defined Provo setting for a four-unit residential configuration with a consistent unit mix.
Key Highlights
- Four units configured as two duplexes on one lot
- Each unit includes 3 bedrooms and 1 bathroom
- 4,116 square feet on approximately 0.40 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,370
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$887,400
$887.4K
Cap Rate 7%
$633,857
$633.9K
Cap Rate 9%
$493,000
$493.0K
Market Conditions
NOI Build-Up for 4,116 SF
Gross rent
$66.7K $16.20/SF
− Vacancy
−$3.3K −$0.80/SF
EGI
$63.4K $15.40/SF
− OpEx
−$19.0K −$4.62/SF
NOI
$44.4K $10.78/SF
Area
Provo, UT
Vacancy
4.94%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$887,400
Cap Rate 7%
$633,857
Cap Rate 9%
$493,000
Alternative Uses
Best Use
Multifamily LT 5
$633.9K
$554.6K – $739.5K
NOI $44,370 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$581.3K
$508.6K – $678.2K
NOI $40,690 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$1.14M
$993.3K – $1.32M
NOI $79,463 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,438
Businesses Nearby
Explore this area
Business Placement
Demographics for 84606, UT
33,791
Population
11,428
Households
3
Avg Household Size
25
Median Age
45%
College-Educated
95%
High-School Grad
11.6 sq mi
ZIP Area
2,913
Density / Sq Mi
$52,110
Median Household Income
$14,955
Median Earnings
$1,149
Median Rent
$407,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Two duplexes share one lot with covered parking and practical apartment layouts.
Where is this quadplex located?
The property is located at 768 E 300 N Provo, UT.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Four units configured as two duplexes on one lot; Each unit includes 3 bedrooms and 1 bathroom; 4,116 square feet on approximately 0.40 acres
