1245 RIVERSIDE, Provo, UT 84604
3BD/—BA Residential in Provo, UT 84604. 966 sqft. Built 1995. Listed at $299,900. MLS #2170042.
3BD/—BA Residential in Provo, UT 84604. 966 sqft. Built 1995. Listed at $299,900. MLS #2170042.
Turnkey investment opportunity in one of Provo's most desirable locations! This well-maintained condo is just minutes from both BYU and UVU, offering a proven rental history in a high-demand area. Currently tenant occupied, it provides immediate rental income for investors. Enjoy beautiful mountain views and convenient access to shopping, dining, entertainment, public transportation, and freeway access. Whether you're looking to add to your investment portfolio or purchase a property in a prime Provo location, this condo is a must-see. Schedule your private showing today!
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
RIVERSTONE CONDO
County
Utah
Zoning
Multi-Family
Construction
Stone,Stucco
Lot Size
0.03 sq ft
Above Grade Area
966 sq ft
Condition
Blt./Standing
MLS #
2170042
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
RIVERSTONE CONDO
County
Utah
Zoning
Multi-Family
Construction
Stone,Stucco
Lot Size
0.03 sq ft
Above Grade Area
966 sq ft
Condition
Blt./Standing
MLS #
2170042
List Price
$299,900
HOA Fees
$220 / Monthly
Annual Taxes
$1,563
Home Warranty
Yes
List Price
$299,900
HOA Fees
$220 / Monthly
Annual Taxes
$1,563
Home Warranty
Yes
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Linoleum
Basement
Slab
Materials
Stone,Stucco
Appliances
Dryer,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Linoleum
Basement
Slab
Materials
Stone,Stucco
Appliances
Dryer,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
1
Total Parking
3
Covered Spaces
1
Total Parking
3
Classification
Standard
Deal Score
50/100
vs Similar Homes
5% above
vs Market Median
4% below
Area Growth (YoY)
3.7%
Deal Score Breakdown
50/100
Priced 4% below the per-subtype city median
3.7% year-over-year ZHVI growth in this area
Priced 5% above the median of similar listings
LT net cashflow -$935/mo (-40.8% return on ownership cost) · STR net cashflow -$991/mo (-43.2% 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
$1,542/mo
Range: $1,008 – $2,076
Net Monthly Cash Flow
−$935 /mo (−$11,219/yr)
Monthly rental income
Monthly ownership cost
Coverage
67%
Net /mo
−$935
DSCR
0.88
Est. Annual Revenue
$22,307/yr
$355/night · 41% occupancy · $124/bedroom · $0.37/sqft
Net Monthly Cash Flow
−$991 /mo (−$11,892/yr)
Monthly STR income
Monthly ownership cost
Coverage
81%
Net /mo
−$991
DSCR
0.84
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$480,000
-38% vs median
45 days
255
$190,999 – $38,000,000
$1,563
$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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