4-Unit Multifamily
768 E 300 N, Provo, UT 84606
For Sale
$995,000
Two duplex structures share one parcel near BYU, with a consistent three-bedroom, one-bathroom layout across the units.
Property Size4,116 SF
Lot Size0.40 Acres
Price / SF$241.74
Days on Market95
Property Features for 768 E 300 N
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
REDFIN CORPORATION
(801) 613-7062
Listed By:
Daniel Lopez · License #9852622-SA00
(505) 231-7800
Source:
Etzelonline
Added: Aug 5
Changed: Oct 29
Last Checked: Nov 7 at 3:16AM
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 REDFIN CORPORATION
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Investment Insights
Based on property information with market context.
This Provo multifamily property comprises two duplex buildings on a single approximately 0.40-acre parcel. Built in 1975, the buildings contain four units with a combined area of 4,116 square feet. Each residence has three bedrooms and one bathroom, with a kitchen and living space as part of its layout.
The property is located near BYU at 768 E 300 N in Provo, Utah. Its four-unit configuration and uniform bedroom and bathroom count are consistent across both duplexes.
The property is located near BYU at 768 E 300 N in Provo, Utah. Its four-unit configuration and uniform bedroom and bathroom count are consistent across both duplexes.
Key Highlights
- Four units arranged as two duplex buildings on one lot
- 4,116 square feet total on an approximately 0.40‑acre parcel
- Each unit has 3 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,690
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$813,800
$813.8K
Cap Rate 7%
$581,286
$581.3K
Cap Rate 9%
$452,111
$452.1K
Market Conditions
NOI Build-Up for 4,116 SF
Gross rent
$78.0K $18.96/SF
− Vacancy
−$4.1K −$0.99/SF
EGI
$74.0K $17.97/SF
− OpEx
−$33.3K −$8.09/SF
NOI
$40.7K $9.89/SF
Area
Provo, UT
Vacancy
5.20%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$813,800
Cap Rate 7%
$581,286
Cap Rate 9%
$452,111
Alternative Uses
Best Use
Apartment 5plus
$581.3K
$508.6K – $678.2K
NOI $40,690 @ 7.0% cap · market cap 4.09%
Second Best
—
—
no second resolved use
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.
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
826
Businesses Nearby
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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
$407,600
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Provo, UT
Properties on Market for Multifamily properties in Provo
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two duplex structures share one parcel near BYU, with a consistent three-bedroom, one-bathroom layout across the units.
Where is this multifamily property 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 arranged as two duplex buildings on one lot; 4,116 square feet total on an approximately 0.40‑acre parcel; Each unit has 3 bedrooms and 1 bathroom
