483 S 450 E, Provo, UT 84606

• 8 beds |
• 4 baths |
• 3,000 sqft

Property Description

Excellent investment opportunity in the heart of Provo. This well-maintained 4-plex at 483 S 450 E features four spacious 2-bedroom, 1-bath units, with two units fully renovated to attract strong market rents. The property offers excellent occupancy and is currently 100% leased. The Two renovated units are renting for $1,300/month while the other two are at $1,100/month, both having room for rental increases. Major capital improvements include a new water main line installed last year, reducing near-term maintenance concerns. Each unit includes central air and washer/dryer hookups-highly desirable amenities for tenants in today's rental market. Conveniently located near downtown Provo, BYU, shopping, dining, and public transit, this asset presents a strong combination of in-place income and long-term appreciation potential in one of Utah County's most consistent rental markets.

Listing Status:

Active

Date Added:

February 18, 2026

Data Last Updated:

May 12, 2026 at 10:42PM

Listing Office:

Newmark Mountain West : 801-456-8800

Listing Agent:

Jacob S Nielson : 435-851-0951

MLS ID:

2139395

Interior

• Heating: Forced Air

Exterior

• Style: Stories: 2
• Parking: Parking: UncoveredParking spaces: 0

Construction

• Roofing: Asphalt
• Windows: Blinds
• General: Blt./Standing

Location

• Originating MLS: UtahRealEstate.com
• School District: Provo
• County: Utah

Lot

• Topography: Cul-de-Sac
• Zoning: Multi-Family53-026-0006
• Current Use: Residential

Utilities

• Utilities: Natural Gas ConnectedElectricity ConnectedSewer ConnectedSewer: PublicWater Connected
• Water: Culinary
• Sewer: Sewer: ConnectedSewer: Public

Financial

• Source: UtahRealEstate.com