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11-Unit Remodeled Apartment Building
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663 N University Ave, Provo, UT 84601

Updated multifamily asset with varied unit layouts, assigned parking, paid laundry, and proximity to BYU and downtown amenities.

Property SizeContact for details
Days on Market144

Property Features for 663 N University Ave

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 10 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 11

Amenities

on-site laundry
assigned parking
Listing Agency: Rockwood & Company LLC
Listed By: Clay Rockwood · License #UT 7140473
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 3:46PM

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 Rockwood & Company LLC

Investment Insights

Based on property information with market context.

This remodeled apartment property contains 11 units, including 10 one-bedroom, one-bath residences and one two-bedroom, one-bath residence. Interior improvements include shaker cabinetry, quartz countertops, stainless steel appliances, LVP flooring, updated bathrooms, new light fixtures, mostly new electrical and plumbing systems, refreshed gas lines, a new AC unit, and double-pane windows.

The property is located at 663 N University Ave in Provo, less than a two-minute drive from BYU and within downtown Provo. Dining, shopping, and entertainment options are situated minutes away. On-site paid laundry facilities and assigned parking support resident convenience, while third-party property management is in place for day-to-day operations.

Key Highlights

  • 11‑unit apartment property with 10 one‑bedroom units and 1 two‑bedroom unit
  • Recently remodeled interiors with quartz counters, stainless steel appliances, LVP flooring, and updated bathrooms
  • New AC unit, double‑pane windows, and mostly new electrical and plumbing systems

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

11
Residential units

Location Intelligence

Trade Area within ½ mile

3,814
Businesses Nearby

Demographics for 84601, UT

33,986
Population
11,673
Households
2.9
Avg Household Size
27
Median Age
33%
College-Educated
86%
High-School Grad
13.3 sq mi
ZIP Area
2,555
Density / Sq Mi
$64,758
Median Household Income
$30,548
Median Earnings
$1,173
Median Rent
$370,300
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?
Apartment building - Updated multifamily asset with varied unit layouts, assigned parking, paid laundry, and proximity to BYU and downtown amenities.
Where is this apartment building located?
The property is located at 663 N University Ave Provo, UT.
What are key features of this property?
This property features: 11‑unit apartment property with 10 one‑bedroom units and 1 two‑bedroom unit; Recently remodeled interiors with quartz counters, stainless steel appliances, LVP flooring, and updated bathrooms; New AC unit, double‑pane windows, and mostly new electrical and plumbing systems
More about this property
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