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457 S 500 E, Provo, UT 84606

  • $900,000

    •

  • 7

    bed

  • 6

    bath

  • 3,278

    Sqft ($275/Sqft)

Multi-family for sale 16 days
Movoto is helping 24 homebuyers near you

About 457 S 500 E

Property type Multi-family
Neighborhood
Year built 1925
HOA fee $0/month
Lot size 7,405 Sqft
Movoto estimate
Property 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.
Listed by
Listing Agent - Darrin Webster
Listing Office - Prime Real Estate Experts (Founders)
Source: WFRMLS mls logo
MLS#2160823 • last updated 2 weeks ago
Movoto checked WFRMLS for data 17 minutes ago
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Overview
Levels/Style 0, Front And Rear
MLS # 2160823
SubType > 4 Units
Living Area 3278
Status Active
Type Residential
Lot Size (Acres) 0.17
Lot Size (SqFt) 7405.2
Property Tax 5802
Listing Office Prime Real Estate Experts (Founders)
Condition Blt./Standing
Listing Agent Darrin Webster
Year Built 1925
Interior
Total # of Bathrooms 6
# Bedrooms 7
Interior Features Kitchen: Updated, Range/Oven: Free Stdng.
Exterior
Roof Asphalt
Parking Desc Parking: Uncovered
Amenities / Utilities
Water Source Culinary
Location
County Utah
Middle School District Provo
Middle School Centennial
Elementary School Provo Peaks
Elem School District Provo
High School District Provo
High School Timpview
APN 05-048-0010
Multifamily Details
Total # Of Units 6
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6/10
Provo Peaks School
public Grades K-6
Provo District
3/10
Centennial Middle School
public Grades 7-8
Provo District
7/10
Timpview High School
public Grades 9-12
Provo District
Source: GreatSchools.org © 2026. All rights reserved.

Around Maeser

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61/100
Walk
71/100
Family
60/100
Dining
80/100
Pet
  • Real Estate
  • UT
  • Utah County
  • Provo
  • 84606
  • Maeser
  • 457 S 500 E

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