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 Features
Utilities
Natural Gas Available
Natural Gas Connected
Electricity Connected
Sewer Connected
Water Connected
Cooling Information
None
Heating Information
Forced Air
School Information
School Information for 483 S 450 E, Provo, UT 84606
Elementary School
Franklin
Middle School
Centennial
High School
Provo
Listing Courtesy: Newmark Mountain West - 801-456-8800
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-04-01 17:42:12
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Wasatch Front Regional MLS.