457 S 500, Provo, Utah image 1
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457 S 500

Provo, UT 84606
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$799,900 $3,372/Mo
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Bed 7

Bed

Bath 6

Bath

SqFt3,278

Sqft

Acres0.17

Acre(Lot)

SIGNIFICANT VALUE-ADD, CASH COW 6-PLEX OPPORTUNITY in Provo, BYU market, with a solid 6.18% cap (as is!) with easy 7%-cap potential simply by increasing rents (which are BELOW MARKET)! Recent rate increase validates the pro forma rent assumptions! Increase the cap to mid or upper 7's by self managing. 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.

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Detail Ic Property Details

Property Type : Residential

Price : $799,900

AD Id : 89570234

MLS Id : 2179050

Beds : 7

Lot Size : 0.17 Acre

Living Area Size : 3,278

Year Built : 1925

County : Utah

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Feature 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: $799900 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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69 E Center St, Provo, UT, 84606 $1,500,000 24 24 23,150 23,150 SqFt

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 08/30/2026 @ 19:06. 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 08/30/2026 @ 19:06

MLS: 2179050 LISTED BY: Niki Worthington, Prime Real Estate Experts 801-948-0796 SOURCE: UtahRealEstate (Wasatch Front)

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