Utah's Premier | OnX Realty

Stories: 2

483 S 450 E

Provo , UT 84606

MLS#: 2139395

$910,000

Status: Active
Listing number: 2139395
Listing provided by: Newmark Mountain West
Listing agent phone: None
Last update: 17 hours ago
New on site 1 day ago
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TIMPANOGOS TOWERS - Residential Income

Property

Beds

8

Full Baths

None

1/2 Baths

None

Year Built

1977

Sq.Footage

3,000

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.

Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Pool

    No

Area & Lot

  • Lot Features

    Cul-De-Sac

  • Lot Size(acres)

    0.19

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Stories: 2

Price

  • Sales Price

    $910,000

  • Tax Amount

    $4,661

  • Sq. Footage

    3, 000

  • Price/SqFt

    $303

HOA

  • Association

    No

School District

  • Elementary School

    Provo

  • Middle School

    Centennial

  • High School

    Provo

Property Features

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

Utah

Elementary School

Provo

Middle School

Centennial

High School

Provo

Listing Courtesy of Jacob S Nielson , Newmark Mountain West

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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.

483 S 450 E

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