$850,000

457 S 500 E, Provo, UT 84606

  • 7 beds |
  • 6 baths |
  • 3,278 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $259/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
May 27, 2026
Data Last Updated:
July 1, 2026 at 9:41PM
Listing Office:
Prime Real Estate Experts (Founders) : 385-332-4548
Listing Agent:
Darrin Webster : 385-332-4548
MLS ID:
2160823
  • General: Kitchen: UpdatedRange/Oven: Free Stdng.
  • Style: Front And Rear
  • Parking: Parking: UncoveredParking spaces: 0
  • Roofing: Asphalt
  • General: Blt./Standing
  • Originating MLS: UtahRealEstate.com
  • School District: Provo
  • County: Utah
  • Topography: TerrainFlat
  • Zoning: 05-048-0010
  • Current Use: Residential
  • Water: Culinary
  • Source: UtahRealEstate.com

This listing courtesy of Darrin Webster , Prime Real Estate Experts (Founders)

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location