Active

457 S 500

Provo, UT 84606

$900,000 $3,794/Mo

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Overview

Bed

Bath

3,278

Sqft

0.17

Acre(Lot)

Description

SIGNIFICANT VALUE-ADD, CASH COW 6-PLEX OPPORTUNITY in Provo, BYU market, with a solid 7%-cap potential (if self managed), simply by increasing rents (which are BELOW MARKET)! Recent rate increase validates the pro forma rent assumptions! UPDATED: roof (approximately 6 years ago), kitchens, bathrooms, flooring, fixtures, with recent exterior improvements to paint, siding, & window sealing! Tenants currently enjoy use of a secure, free laundry area in basement of neighboring 6-plex. Additional income opportunity also available through managing utilities differently (units metered separately!). LOCATION: near BYU, with quick access to I-15 & Provo downtown entertainment, restaurants, & shopping. Purchase the neighboring 6-plex (same seller) for operational efficiencies! 5 1-bed units; 1 2-bed unit. Square footage per county records. Buyer/agent to verify all. Do not disturb tenants; offer subject to inspection.

Property Details

Property Type : Residential

Price : $900,000

AD Id : 80007384

MLS Id : 2160823

Beds : 7

Lot Size : 0.17 Acre

Living Area Size : 3,278

Year Built : 1925

County : Utah

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 7

Bathroom Information

Total Baths: 6
Roofing Information

Asphalt
Interior Features

Roof: Asphalt Appliances: Oven, Range
Heating & Cooling

Heating: None Cooling: None

Building Information

Year Built: 1925 Building Area Total: 3278 Frontage Length: 0.0 Private Pool: No

Lot Information

Lot Dimensions: 0.0x0.0x0.0 Main Square Feet: 0.17 Acres Lot Size Acres: 0.17 Lot Size Square Feet: 7405.2

Listing Price Information

Listing Price: $900000 Cash, Conventional

Tax Information

Parcel Number: 05-048-0010 Annual Tax: $5802

School Information

Elementary School: Provo Peaks

Junior High School: Centennial

Senior High School: Timpview

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 06/04/2026 @ 09:45. 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.

ByOwner last updated this listing 06/04/2026 @ 09:45

MLS: 2160823 LISTED BY: Darrin Webster, Prime Real Estate Experts (Founders) 385-332-4548 SOURCE: UtahRealEstate (Wasatch Front)