125 1050, Provo, UT 84601
3BD/—BA Residential in Provo, UT 84601. 1,185 sqft. Built 1997. Listed at $275,900. MLS #2157124.
3BD/—BA Residential in Provo, UT 84601. 1,185 sqft. Built 1997. Listed at $275,900. MLS #2157124.
Summer is calling-and with Splash Summit Waterpark just minutes away, this move-in-ready Provo condo offers the lifestyle buyers want and the value they do not want to miss. Rare ground-level living, an unbeatable location, and turnkey comfort make this one of the most compelling opportunities on the market today. Perfectly situated near I-15, downtown Provo, Brigham Young University, Utah Valley University, shopping, dining, parks, and the FrontRunner station, this spacious 3-bedroom, 2-bath condo delivers convenience that is hard to match. Step inside and feel the difference of an open-concept layout filled with natural light and designed for comfortable everyday living. Clean, stylish, and truly move-in ready, this home gives buyers the chance to skip the projects and start enjoying their new space immediately. The oversized primary suite is a standout feature-large enough for a king-sized bed, complete with a walk-in closet, private ensuite bath, and direct access to your own patio overlooking a peaceful creek. It is the kind of private retreat buyers hope for but rarely find at this price point. The kitchen is built for real life and easy entertaining with generous cabinet space, extended bar seating, and plenty of prep room. From morning coffee to weekend gatherings, this layout simply works. Outside, enjoy two assigned parking spaces (one covered, one uncovered), convenient storage in the carport, abundant guest parking, and community amenities including green space, playground, basketball court, and dog park. Whether you are a first-time buyer, investor, college household, or anyone seeking low-maintenance living in a high-demand location, this property checks every box: location, layout, lifestyle, and value. Homes offering this much space, this much convenience, and this much appeal are the ones buyers regret missing. Schedule your private showing today-then write your offer before someone else does. 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; Main Level
Stories
1
Subdivision
FRANKLIN PARK CONDO
County
Utah
Zoning
Multi-Family
Construction
Asphalt,Stucco
Lot Size
0.02 sq ft
Above Grade Area
1,185 sq ft
Condition
Blt./Standing
MLS #
2157124
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
FRANKLIN PARK CONDO
County
Utah
Zoning
Multi-Family
Construction
Asphalt,Stucco
Lot Size
0.02 sq ft
Above Grade Area
1,185 sq ft
Condition
Blt./Standing
MLS #
2157124
List Price
$275,900
HOA Fees
$220 / Monthly
Annual Taxes
$1,567
Home Warranty
Yes
List Price
$275,900
HOA Fees
$220 / Monthly
Annual Taxes
$1,567
Home Warranty
Yes
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile,Vinyl
Basement
None
Materials
Asphalt,Stucco
Appliances
Refrigerator
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile,Vinyl
Basement
None
Materials
Asphalt,Stucco
Appliances
Refrigerator
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
1
Total Parking
2
Covered Spaces
1
Total Parking
2
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
92/100
vs Similar Homes
15% above
vs Market Median
22% below
Area Growth (YoY)
3.0%
Deal Score Breakdown
92/100 · 1 qualifying signal
Priced 22% below the per-subtype city median
3.0% year-over-year ZHVI growth in this area
LT net cashflow -$442/mo (-21.1% return on ownership cost) · STR net cashflow -$943/mo (-45.0% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 15% above the median of similar listings
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
$1,877/mo
Range: $1,088 – $2,665
Net Monthly Cash Flow
−$441 /mo (−$5,295/yr)
Monthly rental income
Monthly ownership cost
Coverage
90%
Net /mo
−$442
DSCR
1.20
Est. Annual Revenue
$19,717/yr
$284/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$943 /mo (−$11,318/yr)
Monthly STR income
Monthly ownership cost
Coverage
79%
Net /mo
−$943
DSCR
0.84
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$475,000
-42% vs median
62 days
182
$189,900 – $43,000,000
$1,567
$220/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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