1559 RIVERSIDE, Provo, UT 84604
3BD/—BA Residential in Provo, UT 84604. 1,060 sqft. Built 1993. Listed at $307,000. MLS #2153935.
3BD/—BA Residential in Provo, UT 84604. 1,060 sqft. Built 1993. Listed at $307,000. MLS #2153935.
$307,000
Turnkey, top floor condo in one of the strongest rental corridors between BYU and UVU, positioned for consistent tenant demand. Steps from UTA transit with frequent shuttle access, making commuting effortless. Fully furnished and ready for immediate occupancy or cash flow, no setup needed. Major systems are already handled with a new furnace and A/C unit just installed in 2025, reducing unexpected costs. Flexible zoning allows for three singles or a family, giving you multiple rental strategies and long-term upside. Low maintenance, high-demand location, and strong income potential make this a smart play for investors or owner-occupants looking for value and stability. 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
Condo; Top Level
Stories
1
Subdivision
RIVERSIDE AVE CONDO
County
Utah
Zoning
Single-Family
Construction
Aluminum,Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,060 sq ft
Condition
Blt./Standing
MLS #
2153935
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
RIVERSIDE AVE CONDO
County
Utah
Zoning
Single-Family
Construction
Aluminum,Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,060 sq ft
Condition
Blt./Standing
MLS #
2153935
List Price
$307,000
HOA Fees
$250 / Monthly
Annual Taxes
$1,581
Home Warranty
No
List Price
$307,000
HOA Fees
$250 / Monthly
Annual Taxes
$1,581
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Aluminum,Brick,Stucco
Appliances
Ceiling Fan,Microwave,Refrigerator
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
None
Materials
Aluminum,Brick,Stucco
Appliances
Ceiling Fan,Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
1
Total Parking
2
Covered Spaces
1
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
72/100
vs Similar Homes
1% above
vs Market Median
12% below
Area Growth (YoY)
2.6%
Deal Score Breakdown
72/100 · 1 qualifying signal
Priced 12% below the per-subtype city median
Priced 1% above the median of similar listings
2.6% year-over-year ZHVI growth in this area
LT net cashflow -$679/mo (-29.3% return on ownership cost) · STR net cashflow -$837/mo (-36.1% 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.
Why this classification
Monthly Rent
$1,866/mo
Range: $598 – $3,134
Net Monthly Cash Flow
−$679 /mo (−$8,147/yr)
Monthly rental income
Monthly ownership cost
Coverage
80%
Net /mo
−$679
DSCR
1.07
Est. Annual Revenue
$25,436/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$837 /mo (−$10,047/yr)
Monthly STR income
Monthly ownership cost
Coverage
91%
Net /mo
−$837
DSCR
0.97
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$475,000
-35% vs median
62 days
182
$189,900 – $43,000,000
$1,581
$250/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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