483 S 450 E Provo, UT 84606
Provost NeighborhoodEstimated payment $5,313/month
Highlights
- No HOA
- Forced Air Heating System
- Southwest Facing Home
- Cul-De-Sac
About This Home
Excellent investment opportunity in the heart of Provo. This well-maintained 4-plex at 483 S 450 E features four spacious 2-bedroom, 1-bath units, with two units fully renovated to attract strong market rents. The property offers excellent occupancy and is currently 100% leased. The Two renovated units are renting for $1,300/month while the other two are at $1,100/month, both having room for rental increases. Major capital improvements include a new water main line installed last year, reducing near-term maintenance concerns. Each unit includes central air and washer/dryer hookups-highly desirable amenities for tenants in today's rental market. Conveniently located near downtown Provo, BYU, shopping, dining, and public transit, this asset presents a strong combination of in-place income and long-term appreciation potential in one of Utah County's most consistent rental markets.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,661
Year Built
- Built in 1977
Lot Details
- 8,276 Sq Ft Lot
- Cul-De-Sac
- Southwest Facing Home
Parking
- Open Parking
Home Design
- Quadruplex
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 3,000 Sq Ft Home
- 2-Story Property
- Blinds
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Schools
- Franklin Elementary School
- Centennial Middle School
- Provo High School
Utilities
- No Cooling
- Forced Air Heating System
- Natural Gas Connected
Community Details
- No Home Owners Association
- 4 Units
- Timpanogos Towers Subdivision
Listing and Financial Details
- Assessor Parcel Number 53-026-0006
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,306 | $465,300 | -- | -- |
| 2024 | $4,306 | $423,885 | $0 | $0 |
| 2023 | $4,325 | $419,705 | $0 | $0 |
| 2022 | $3,953 | $386,815 | $0 | $0 |
| 2021 | $3,170 | $541,000 | $135,300 | $405,700 |
| 2020 | $3,146 | $503,300 | $125,900 | $377,400 |
| 2019 | $2,814 | $468,200 | $126,100 | $342,100 |
| 2018 | $2,500 | $421,800 | $239,500 | $182,300 |
| 2017 | $2,195 | $203,500 | $0 | $0 |
| 2016 | $2,325 | $200,915 | $0 | $0 |
| 2015 | $2,091 | $182,655 | $0 | $0 |
| 2014 | $1,841 | $167,640 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/25/2026 02/25/26 | For Sale | $910,000 | -- | $303 / Sq Ft |
Source: UtahRealEstate.com
MLS Number: 2139395
APN: 53-026-0006
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Ask me questions while you tour the home.