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Quadplex with Duplex Addition
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1009 N University Ave, Provo, UT 84604

Income property combining a four-unit building with a separate two-level duplex near BYU.

Property SizeContact for details
Days on Market144

Property Features for 1009 N University Ave

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 4 x 1BR, 1 x 3BR, 1 x 2BR
Multifamily Units 6

Building Details

Buildings 2
Listing Agency: Thayne Bailey
Listed By: Thayne Bailey · License #UT 5475414PB00
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 7:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Thayne Bailey

Investment Insights

Based on property information with market context.

This multifamily property combines a four-unit building constructed approximately in 1935 with a separate duplex completed in 1974. The quadplex contains one-bedroom units, while the duplex includes three bedrooms upstairs and two bedrooms downstairs, creating a six-unit configuration across the property.

Several units feature newer carpet, paint, and appliances. Three quadplex units have new furnaces, and the building also benefits from a new sewer main along with selected plumbing updates. The property is located at 1009 N University Ave in Provo, directly opposite BYU, placing the buildings within the university area.

Key Highlights

  • Six‑unit configuration with a quadplex and separate duplex
  • Fourplex built approximately 1935; duplex built 1974
  • Quadplex units are configured as one‑bedroom apartments

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Pet Grooming Service Carpet & Flooring Store Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

3,165
Businesses Nearby

Demographics for 84604, UT

45,503
Population
13,285
Households
3.4
Avg Household Size
26
Median Age
56%
College-Educated
98%
High-School Grad
94.8 sq mi
ZIP Area
480
Density / Sq Mi
$74,522
Median Household Income
$16,799
Median Earnings
$1,128
Median Rent
$520,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Income property combining a four-unit building with a separate two-level duplex near BYU.
Where is this quadplex located?
The property is located at 1009 N University Ave Provo, UT.
What are key features of this property?
This property features: Six‑unit configuration with a quadplex and separate duplex; Fourplex built approximately 1935; duplex built 1974; Quadplex units are configured as one‑bedroom apartments
More about this property
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