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457 S 500 E
Provo, UT 84606
MLS #2179050

$799,900

 Available

7 Beds | 6 Baths | 0 Garage | 3,278 Sq Ft

Estimated Payment:  /month 
457 S 500 E
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> 4 Units for Sale

SIGNIFICANT VALUE-ADD, CASH COW 6-PLEX OPPORTUNITY in Provo, BYU market, with a solid 6.18% cap (as is!) with easy 7%-cap potential simply by increasing rents (which are BELOW MARKET)! Recent rate increase validates the pro forma rent assumptions! Increase the cap to mid or upper 7's by self managing. 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.

Price Insights
Current price
Price per sq ft
Price per finished sq ft
$799,900
$244 / square foot
$244 / finished sq ft

13 Days on the Market
Status: Available

Schools, Inclusions, & Exclusions


Inclusions are often re-negotiated during contract negotiation.
No items have been listed as excluded.

Provo School District

Elementary: Provo Peaks
Middle: Centennial
Senior: Timpview
The Numbers
Interior :
Style :
Year built :
Lot acres :
Lot sq ft :
3,278 square feet
Style: Front And Rear
1925
.17 acres
7,405 square feet

Home Features & Amenities

Features: Updated Kitchen, Free Standing Range/Oven

Private Showing

Anna Sears, Realtor<sup>®</sup>
For showing appointments, call Anna Sears, Realtor® to view the home at 457 S 500 E in Provo. Give Anna Sears, Realtor® a call at (801) 680-2662.
457 S 500 E was listed on Aug 13th, 2026 by Prime Real Estate Experts, a real estate brokerage.

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