475 400, Provo, UT 84601
3BD/—BA Residential in Provo, UT 84601. 1,089 sqft. Built 1979. Listed at $254,900. MLS #2147325.
3BD/—BA Residential in Provo, UT 84601. 1,089 sqft. Built 1979. Listed at $254,900. MLS #2147325.
Beautifully Remodeled 3-Bedroom Condo in a convenient Downtown Provo Location! Discover the perfect starter home or an excellent investment opportunity with this stylish, updated 3-bedroom condo with no rental restrictions! You'll enjoy quick access to shopping, schools, restaurants, and the freeway-just 8 minutes to BYU and 9 minutes to UVU! Step inside to an inviting, modern interior featuring central A/C, a stunning kitchen with ceiling-height cabinetry, soft-close doors and drawers, durable quartz countertops, and charming floating shelves-designed for both style and function and a brand-new furnace! The updated bathroom showcases stone tile flooring, newer fixtures, hardware, and tub with a sleek tile surround. All three bedrooms are generously sized, offering new carpet, large closets and blackout shades for comfort and privacy. The home is completely move-in ready, with all window coverings, kitchen and laundry appliances included! Furniture negotiable. Whether you're looking for a low-maintenance home in a prime location or a dependable rental property, this condo checks every box!
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
HEATHER PARK
County
Utah
Zoning
Single-Family
Construction
Aluminum
Lot Size
0.01 sq ft
Above Grade Area
1,089 sq ft
Condition
Blt./Standing
MLS #
2147325
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
HEATHER PARK
County
Utah
Zoning
Single-Family
Construction
Aluminum
Lot Size
0.01 sq ft
Above Grade Area
1,089 sq ft
Condition
Blt./Standing
MLS #
2147325
List Price
$254,900
Original Price
$265,000
HOA Fees
$225 / Monthly
Annual Taxes
$1,337
Home Warranty
No
List Price
$254,900
Original Price
$265,000
HOA Fees
$225 / Monthly
Annual Taxes
$1,337
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Slab
Materials
Aluminum
Appliances
Dryer,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Slab
Materials
Aluminum
Appliances
Dryer,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
0
Total Parking
1
Covered Spaces
0
Total Parking
1
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
92/100
vs Similar Homes
3% below
vs Market Median
23% below
Price Reduced
3.8%
Area Growth (YoY)
1.8%
Deal Score Breakdown
92/100 · 1 qualifying signal
Priced 23% below the per-subtype city median
Priced 3% below the median of similar listings
4% price reduction from original list — seller may be motivated
1.8% year-over-year ZHVI growth in this area
LT net cashflow -$537/mo (-27.6% return on ownership cost) · STR net cashflow -$853/mo (-43.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$1,601/mo
Range: $928 – $2,274
Net Monthly Cash Flow
−$537 /mo (−$6,450/yr)
Monthly rental income
Monthly ownership cost
Coverage
82%
Net /mo
−$537
DSCR
1.11
Est. Annual Revenue
$18,743/yr
$284/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$853 /mo (−$10,231/yr)
Monthly STR income
Monthly ownership cost
Coverage
80%
Net /mo
−$853
DSCR
0.86
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$475,000
-46% vs median
62 days
182
$189,900 – $43,000,000
$1,337
$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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