This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/13
$1,150,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/13
Property Description
Excellent investment opportunity in the desirable Blackstone Farms community of Provo! This well-maintained fourplex offers four fully leased units with strong rental history and consistent cash flow potential. Each unit features a functional layout of two bedrooms and 2 bathrooms, spacious living areas, and ample natural light. Tenants enjoy convenient access to nearby schools, shopping, dining, parks, and major commuter routes. Located in a high-demand rental area near BYU and UVU, central Provo amenities, this property is ideal for investors seeking stable income and long-term appreciation. Professionally managed and easy to maintain. Pictures are not of the actual unit but of a similar unit with the same finishes. Buyer/ Broker ti verify all information. Do not disturb tenants - offer subject to inspection.
Full Property Details
Full Property Details for 1261 E 1500 S
General
- Price: $1,150,000
- HOA FEE: $760/month
- Taxes: $5,611
- Status: Active
- Type: Multi-Family
- Source: WFR
- MLS ID: 2135941
- Updated: 2/9/2026
- Added to Site: 10 day(s) ago
Interior
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 8
Bedrooms
- Total Bedrooms: 8
Additional Information
- Shared Amenities: Pets Permitted, Sewer Paid, Snow Removal, Trash, Water
Exterior
- Exterior Features: Deck; Covered, Double Pane Windows
Parking
- Total Spaces: 8
- Parking Features: Parking: Uncovered
Location
- Area: Provo; Mamth; Springville
- County: Utah
- Subdivision: BLACKSTONE FARMS
- Cross Streets: 1500
School Information
- Elem School District: Provo
- Midd School District: Provo
- High School District: Provo
- Elementary School: Franklin
- Middle School: Dixon
- High School: Provo
Community
- Association: Yes
- Assoc. Fees Include: Sewer, Trash, Water
Heating & Cooling
- Heating Type: Forced Air, Gas: Central
Utilities
- Sewer: Sewer: Connected
- Water: Culinary
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Up And Down
- Construction: Brick, Stucco, Clapboard
- Exterior Const.: Brick, Stucco, Clapboard
- Roof: Asphalt
- Windows: Blinds
- Square Feet: 4,420
- Living Area: 4,420 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 2021
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 871.2
- Lot Size: .02
- Landscape: Landscaping: Full
- Trees/Vegetation: Landscaping: Full
- Zoning: R3
Financial Considerations
- Association Fee: $760
- Assoc Fee Freq.: Monthly
- Tax Amount: $5,611
- Terms: Cash, Conventional
Disclosures and Reports
- Exclusions: Dryer, Washer
- Inclusions: Microwave, Range, Refrigerator
- Property ID: 35-771-0033
Listed by Capital Advisors Real Estate
Get Pre-Approved Today
Schools
Schools serving 1261 E 1500 S
School District:Provo School District
| Name | Grades | Distance |
|---|---|---|
Spring Creek School 1740 Nevada Avenue, Provo, UT 84606 | K-6 | 0.6 mi |
Eschool@Provo School District 280 West 940 North, Provo, UT 84604 | K-12 | 2.7 mi |
Centennial Middle School 305 East 2320 North, Provo, UT 84604 | 7-8 | 3.7 mi |
Timpview High School 3570 N 650 E, Provo, UT 84604 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1261 E 1500 S
Date
Details
Price
Change
Source
2/09/2026
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1261 E 1500 S
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,449
-11%
$988,800
65%
2024
$6,095
—
$599,940
1%
2023
$6,121
618%
$594,000
642%
2021
$852
-67%
$80,000
-68%
2022
$2,567
—
$251,130
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1261 E 1500 S
1261 E 1500 S, Provo, UT 84606 (MLS# 2135941) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 1261 E 1500 S is currently listed for $1,150,000 and was received on February 09, 2026. Want to learn more about 1261 E 1500 S? Do you have questions about finding other Multi-Family real estate for sale in Provo? You can browse all Provo real estate or contact a Coldwell Banker agent to request more information.

