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Downtown Provo Multifamily Homes & Duplexes for Sale

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  • 491 S Freedom Blvd Unit 104204, Provo, UT 84601
    491 S Freedom Blvd Unit 104204, Provo, UT 84601
    491 S Freedom Blvd Unit 104204, Provo, UT 84601
    /27

    $729,900

    • 2 Beds
    • 2 Baths
    • 2,200 Sq Ft

    491 S Freedom Blvd Unit 104204, Provo, UT 84601

    Prime Provo Duplex Incredible Location with Built-In Income Welcome to a rare investment opportunity in the heart of Provo! This up-and-down duplex offers the perfect blend of commercial and residential rental income, just minutes from BYU, I-15, shopping, dining, and vibrant housing developments. The ground level features a popular and delicious taco shop with a loyal customer base and great

    Jessica Williams KW WESTFIELD

    491 S Freedom Blvd Unit 104204, Provo, UT 84601
  • 432 S 100 E, Provo, UT 84606
    432 S 100 E, Provo, UT 84606
    432 S 100 E, Provo, UT 84606
    /23

    $539,900

    • 4 Beds
    • 2 Baths
    • 1,904 Sq Ft

    432 S 100 E, Provo, UT 84606

    Welcome to your next property! A well maintained and updated legal duplex in one of Provo's most walkable and convenient neighborhoods. Just a block from the UVX bus stop, this property offers effortless access to BYU, UVU, shopping, restaurants, and everything downtown Provo has to offer-making it ideal for both owner-occupants and investors. This duplex is packed with updates including

    Taylor Woodbury Ivie Avenue Real Estate, LLC

    432 S 100 E, Provo, UT 84606
  • 161 W 200 S, Provo, UT 84601
    161 W 200 S, Provo, UT 84601
    161 W 200 S, Provo, UT 84601
    /33

    $925,000

    • 5 Beds
    • 5 Baths
    • 2,300 Sq Ft

    161 W 200 S, Provo, UT 84601

    This tri-plex takes in rents of upwards of $4100/mo + $1200 on the AirBNB! Each unit has been remodeled and the plumbing and electrical have also been replaced throughout. It is amazing what the current owners have done to utilize the space and features of this property! The location is prime being zoned DT1 (General Downtown zone 1) established to provide a pedestrian friendly, mixed-use

    Dallin Nelson Berkshire Hathaway HomeServices Elite Real Estate

    161 W 200 S, Provo, UT 84601
Utah Utah County Provo Downtown Provo

Multi-Family Homes & Duplexes for Sale in Downtown Provo, Provo

Why Live in Downtown Provo
Downtown Provo, nestled beneath the Wasatch Range, is a vibrant area infused with youthful energy from the nearby Brigham Young University. This neighborhood offers a diverse dining scene, with options like Salvadoran cuisine at El Mexsal, Navajo tacos at Black Sheep Café, and Indian dishes at Bombay House. For nightlife, residents can enjoy karaoke at Heart & Seoul or comedy at Dry Bar Comedy Club. The area is highly walkable, with paved sidewalks and tree-lined streets, and features a mix of apartment complexes and historic single-story bungalows. Pioneer Park, located on the western edge, hosts the Provo Farmers Market and offers a playground and splash pad. Nearby, the Provo Recreation Center provides an indoor aquatic center and skate park, while Peaks Ice Arena offers indoor skating. Public transportation is abundant, with bus stops and the UTA FrontRunner commuter rail facilitating travel within Provo and to Salt Lake City. The California Zephyr Amtrak train also stops here. Provo High School, with its high rating, serves the area, though it is located further west. Downtown Provo's amenities and public transit options make it possible for residents to live without a car, with many working locally or on nearby campuses.
Learn more about living in Downtown Provo

Home Trends in Downtown Provo, UT

On average, homes in Downtown Provo, Provo sell after 75 days on the market compared to the national average of 70 days. The median sale price for homes in Downtown Provo, Provo over the last 12 months is $599,000, up 51% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$599,000
Median Single Family Sale Price
$599,000
Average Price Per Sq Ft
$303
Number of Homes for Sale
0
Last 12 months Home Sales
18
Months of Supply
0.00
Median List Price
$599,922
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
51%
How to Buy a Home How to Finance a Home How to Sell a Home

In Downtown Provo, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $539,900 to $925,000, there's something for every budget. As of August, 2025 the median home price in Downtown Provo, Provo is $599,922, while the average sale price is $599,000, providing insight into local market trends. On average, multi-family homes spend 75 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Downtown Provo, Provo.

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