240 N  500 E, Provo, UT 84606
PENDING
0.25 ACRES

240 N 500 E
Provo, UT 84606

Joaquin
  • 85 Beds
  • 26 Baths
  • 6,322 sqft (on 0.25 acres)

$5,750,000

$5,750,000

85 Beds
26 Baths
6,322 sqft
(on 0.25 acres)

Local Information

  • Map ViewExplore the area around 240 N 500 E.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

East Pointe Apartments is a well-located student housing community in Provo, Utah, just minutes from Brigham Young University. The property consists of three buildings totaling 26 units and 85 beds, benefiting from proximity-driven student demand, stable occupancy, and a supply-constrained university submarket. East Pointe is available for purchase individually or as part of the three-property Pointe Portfolio, offering investors flexibility to acquire scale and operational efficiencies alongside two additional nearby assets. Reach out for more details regarding financials and tours. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
$910
Listed
55 days ago

Home Details for 240 N 500 E

Interior Features

Beds & Baths
Number of Bedrooms: 85Number of Bathrooms: 26
Dimensions and Layout
Living Area: 6322 Square Feet
Heating & Cooling
No CoolingNo Heating
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Levels: Three Or More

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageNo Open Parking
Frontage
Not on Waterfront

Days on Market

Days on Market: 55

Property Information

Year Built
Year Built: 1981
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionDoes Not Include Home Warranty
Property Information
Condition: Blt./StandingParcel Number: 050610012

Price & Status

Price
List Price: $5,750,000Price Per Sqft: $910

Active Status

MLS Status: Under Contract

Location

Direction & Address
City: Provo
School Information
Elementary School: Provo PeaksElementary School District: ProvoJr High / Middle School: CentennialJr High / Middle School District: ProvoHigh School: TimpviewHigh School District: Provo

Agent Information

Listing Agent
Listing ID: 2131068

Building

Building Area
Building Area: 6322 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 10890 sqft

Documents

Disclaimer: Information not guaranteed. Buyer to verify all information.

Miscellaneous

Mls Number: 2131068Attribution Contact: 303-328-2050

Additional Information

Source Internet Entire Listing Display
Last check for updates: about 4 hours ago
Listing courtesy of Evan Clark, (303) 328-2050
Marcus & Millichap Real Estate Investment Services of Atlanta, INC
Source: UtahRealEstate.com, MLS#2131068
Also Listed on UtahRealEstate.com.

Market trends in Provo

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$475K
$14.71K
MoM
Sale-to-List Price
99.7%
0.4%
MoM
Price per sq ft
$265
$7
MoM
Available listings
273
24
MoM

Price History for 240 N 500 E

DatePriceEventSource
03/02/2026$5,750,000PendingUtahRealEstate.com #2131068
01/15/2026$5,750,000Listed For SaleUtahRealEstate.com #2131068

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Comparable Sales for 240 N 500 E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.11
Multi-Family Home
-
09/29/25
6
5
3,816
1.87
Multi-Family Home
-
08/27/25
4
2
2,784
2.34
Multi-Family Home
-
05/01/26
6
4
3,232

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 240 N 500 E.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Joaquin

At least 9 Trulia users voted on each feature.
  • 100 % Say there are sidewalks

  • 80 % Say it's walkable to grocery stores

  • 77 % Say there's holiday spirit

  • 73 % Say it's dog friendly

  • 67 % Say it's walkable to restaurants

  • 67 % Say people would walk alone at night

  • 63 % Say kids play outside

  • 60 % Say it's quiet

  • 59 % Say car is needed

  • 54 % Say yards are well-kept

  • 53 % Say neighbors are friendly

  • 50 % Say streets are well-lit

  • 46 % Say parking is easy

  • 33 % Say there's wildlife

  • 33 % Say they plan to stay for at least 5 years

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trouble Smith
    "This area is mostly a college area but there is some young families there, so children and dogs all around."
  • Jamison K.
    "The Provo Bicycle Collective is a non profit organization that plays a huge role in the Joaquin community as well as all of Provo. I have been glad to be a part of that."

LGBTQ Local Legal Protections

Evan Clark, Marcus & Millichap Real Estate Investment Services of Atlanta, INC
Agent Phone: (303) 328-2050
Based on information from UtahRealEstate.com as of 2026-03-26 15:41:24 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.Click here for more information
240 N 500 E, Provo, UT 84606 is a 85 bedroom, 26 bathroom, 6,322 sqft multi-family built in 1981. 240 N 500 E is located in Joaquin, Provo. This property is currently available for sale and was listed by UtahRealEstate.com on Jan 15, 2026. The MLS # for this home is MLS# 2131068.