Listing Photo
Listing Photo
Listing Photo
Listing Photo
Listing Photo
Listing Agent: Darrin Webster

$850,000

457 S 500 E
7Beds
0.0Baths
3278ft2
View All Photos of This Listing
SIGNIFICANT VALUE-ADD, CASH COW 6-PLEX OPPORTUNITY in Provo, BYU market, with a solid 7%-cap potential (if self managed), simply by increasing rents (which are BELOW MARKET)! Recent rate increase validates the pro forma rent assumptions! UPDATED: roof (approximately 6 years ago), kitchens, bathrooms, flooring, fixtures, with recent exterior improvements to paint, siding, & window sealing! Tenants currently enjoy use of a secure, free laundry area in basement of neighboring 6-plex. Additional income opportunity also available through managing utilities differently (units metered separately!). LOCATION: near BYU, with quick access to I-15 & Provo downtown entertainment, restaurants, & shopping. Purchase the neighboring 6-plex (same seller) for operational efficiencies! 5 1-bed units; 1 2-bed unit. Square footage per county records. Buyer/agent to verify all. Do not disturb tenants; offer subject to inspection.

MLS # 2160823

Listing maintained by Prime Real Estate Experts (Founders). Posted on May 27, 2026 5:59 pm and last updated on Jun 18, 2026 7:26 pm. All times are in Universal Coordinated Time.

This information is believed to be accurate, but without warranty.

Property Features

  • Style: Front And Rear
  • Year Built: 1925
  • Kitchen: Updated
  • Range/Oven: Free Stdng.
  • Roof: Asphalt
  • Parking: Parking: Uncovered