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Provo Multifamily Investment Opportunity

460 200 S Provo, UT 84606

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21-unit multifamily property near BYU with value-add potential.

Type:Multifamily
Property size:
14,994 SF
Price / SF:
$293/SF
Added:
Mar 23, 2026
Days on Market:
112
Last Refresh:
Jul 2 at 6:10 am

Property Features for 460 200 S

General Information

Standard status
Active
Size
14,994 SF
Property subtype
Multifamily

Building Details

Year Built
1978

Listing office Alliance Realtors

Listing date Mar 23, 2026

Source Crexi

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 Alliance Realtors


Investment Insights

Based on property information with market context.

This 21-unit multifamily property is located in Provo, featuring a mix of one-bedroom, two-bedroom, and studio units. Many apartments have been updated with new carpet and VLP flooring. A new pitched roof was installed two years ago. The property is located near BYU and Provo’s Center Street, benefiting from rental demand, low vacancy, and annual leases. There is potential for investors to increase value. On-site coin-operated laundry generates additional income. Square footage figures are provided as a courtesy estimate from the Utah County Recorder, and the buyer is advised to obtain an independent measurement. The property is located in Utah County’s rental market.

Key Highlights

  • Prime location near BYU and Provo's Center Street ensures consistently low vacancy and strong rental demand.
  • Mix of 1‑bedroom, 2‑bedroom, and studio units caters to a broad tenant base.
  • New pitched roof (installed two years ago) minimizes near‑term capital expenditures.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Maeser Place Apartments Apartment Building

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Food Market Carpet & Flooring Store Daycare Center Wine and Liquor Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Apartment building - 21-unit multifamily property near BYU with value-add potential.
Where is this apartment building located?
The property is located at 460 200 S Provo, UT.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: Prime location near BYU and Provo's Center Street ensures consistently low vacancy and strong rental demand.; Mix of 1‑bedroom, 2‑bedroom, and studio units caters to a broad tenant base.; New pitched roof (installed two years ago) minimizes near‑term capital expenditures.
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