223 2230, Provo, UT 84604
4BD/—BA Residential in Provo, UT 84604. 1,544 sqft. Built 1992. Listed at $449,000. MLS #2142800.
4BD/—BA Residential in Provo, UT 84604. 1,544 sqft. Built 1992. Listed at $449,000. MLS #2142800.
CITY APPROVED FOR 4 SINGLES!! This unit is in the highly desirable Millrace townhomes. 4 private bedrooms, 3 bathrooms; currently rented to men. Tastefully furnished and a true turn-key rental. Spacious kitchen. Large master bedroom with private bath. Large balcony. 2 covered parking spots under the unit and 2 additional parking spots around the perimeter. Excellent location just blocks north of BYU, close to shopping, transit, & many restaurants! This townhouse is covered by a SilverBack Home Warranty Listing Policy which can be transferred to the buyer at closing with the purchase of a Buyer's Policy. **Must give 24 hours notice to tenants before showing, please do not bother tenants. No Sunday Showings. Square footage figures are provided as a courtesy estimate only and were obtained from county records . Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Townhouse; Row-mid
Stories
3
Subdivision
MILLRACE TOWNHOUSE CONDO
County
Utah
Zoning
Multi-Family
Construction
Aluminum,Brick
Lot Size
0.01 sq ft
Above Grade Area
1,274 sq ft
Condition
Blt./Standing
MLS #
2142800
Property Type
Residential
Property Style
Condominium
Architectural Style
Townhouse; Row-mid
Stories
3
Subdivision
MILLRACE TOWNHOUSE CONDO
County
Utah
Zoning
Multi-Family
Construction
Aluminum,Brick
Lot Size
0.01 sq ft
Above Grade Area
1,274 sq ft
Condition
Blt./Standing
MLS #
2142800
List Price
$449,000
Original Price
$489,000
HOA Fees
$225 / Monthly
Annual Taxes
$2,145
Home Warranty
No
List Price
$449,000
Original Price
$489,000
HOA Fees
$225 / Monthly
Annual Taxes
$2,145
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Linoleum
Basement
Full,Walk-Out Access
Materials
Aluminum,Brick
Appliances
Dryer,Microwave,Refrigerator,Washer
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Linoleum
Basement
Full,Walk-Out Access
Materials
Aluminum,Brick
Appliances
Dryer,Microwave,Refrigerator,Washer
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
2
Total Parking
6
Covered Spaces
2
Total Parking
6
Why this is a deal
Classification
Standard
Deal Score
68/100
vs Similar Homes
30% above
vs Market Median
25% above
Price Reduced
8.2%
Area Growth (YoY)
2.6%
Deal Score Breakdown
68/100 · 1 qualifying signal
8% price reduction from original list — seller may be motivated
2.6% year-over-year ZHVI growth in this area
LT net cashflow -$611/mo (-18.7% return on ownership cost) · STR net cashflow -$1,189/mo (-36.3% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 30% above the median of similar listings
Priced 25% above the per-subtype city median
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.
Why this classification
Monthly Rent
$3,027/mo
Range: $970 – $5,084
Net Monthly Cash Flow
−$611 /mo (−$7,334/yr)
Monthly rental income
Monthly ownership cost
Coverage
92%
Net /mo
−$611
DSCR
1.17
Est. Annual Revenue
$35,763/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,189 /mo (−$14,267/yr)
Monthly STR income
Monthly ownership cost
Coverage
91%
Net /mo
−$1,189
DSCR
0.92
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$475,000
-5% vs median
62 days
182
$189,900 – $43,000,000
$2,145
$225/monthly
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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