483 450, Provo, UT 84606
8BD/—BA Residential in Provo, UT 84606. 3,000 sqft. Built 1977. Listed at $910,000. MLS #2139395.
8BD/—BA Residential in Provo, UT 84606. 3,000 sqft. Built 1977. Listed at $910,000. MLS #2139395.
$910,000
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.
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Stories: 2
Subdivision
TIMPANOGOS TOWERS
County
Utah
Zoning
Multi-Family
Construction
Brick
Lot Size
0.19 sq ft
Condition
Blt./Standing
MLS #
2139395
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Stories: 2
Subdivision
TIMPANOGOS TOWERS
County
Utah
Zoning
Multi-Family
Construction
Brick
Lot Size
0.19 sq ft
Condition
Blt./Standing
MLS #
2139395
List Price
$910,000
Annual Taxes
$4,661
Home Warranty
No
List Price
$910,000
Annual Taxes
$4,661
Home Warranty
No
Heating
Forced Air
Roof
Asphalt
Materials
Brick
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air
Roof
Asphalt
Materials
Brick
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Classification
Standard
Deal Score
30/100
vs Similar Homes
1% above
vs Market Median
28% above
Area Growth (YoY)
1.8%
Deal Score Breakdown
30/100
Priced 1% above the median of similar listings
1.8% year-over-year ZHVI growth in this area
Priced 28% above the per-subtype city median
STR net cashflow -$3,163/mo (-51.5% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Est. Annual Revenue
$50,965/yr
$284/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$3,163 /mo (−$37,960/yr)
Monthly STR income
Monthly ownership cost
Coverage
69%
Net /mo
−$3,163
DSCR
0.66
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$475,000
+92% vs median
62 days
182
$189,900 – $43,000,000
$4,661
Moderate
7.5
per 1,000
22.4
per 1,000
12.2
per 1,000
42.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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