457 S 500 E, Provo, UT 84606

Provo
Local realty services provided by:ERA Brokers Consolidated
457 S 500 E,Provo, UT 84606
$850,000
  • 7 Beds
  • 6 Baths
  • 3,278 sq. ft.
  • Multi-family
  • Active
Listed by: darrin webster, niki r worthington
Office: prime real estate experts (founders)
MLS#:2160823
Source:SL

Price summary

  • Price:$850,000
  • Price per sq. ft.:$259.3

About this home

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.

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Home facts

  • Year built:1925
  • Listing ID #:2160823
  • Added:45 day(s) ago
  • Updated:July 12, 2026 at 12:18 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:6
  • Kitchen Description:Kitchen: Updated, Range/Oven: Free Stdng.
  • Living area:3,278 sq. ft.

Structure and exterior

  • Roof:Asphalt
  • Year built:1925
  • Building area:3,278 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Flat
  • Architectural Style:Front And Rear

Schools

  • High school:Timpview
  • Middle school:Centennial
  • Elementary school:Provo Peaks

Utilities

  • Water:Culinary

Finances and disclosures

  • Price:$850,000
  • Price per sq. ft.:$259.3
  • Tax amount:$5,802

Parking

  • Parking description:Parking: Uncovered

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