Newmark Mountain West
Description
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.
Details
Updated on 2026/02/25 23:59:17 pm- Property ID: 2139395
- Price: $910000
- Property Size: 3000 Sq Ft
- Year Built: 1977
- Property Type: Quadruplex
- Property Status: Active
- Style: Stories: 2
Additional details
- Brokerage Commission:
- Zoning:
- Total Bathrooms: 4
- Lot Size In Acres: 0.19
- Total Bedrooms: 8
- Equipment:
School Details
- Elementary School : Franklin
- Elementary School District : Provo
- High School : Provo
- High School District : Provo
- Middle School : Centennial
- Middle School District: Provo
Features
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Inclusions
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Square Feet
Mortgage Calculator
- Principal & Interest $4,849.00
- Property Tax $250.00
- Home Insurance $83.33
- PMI $1,000.00
