Date
Details
Price
Change
Source
8/14/2026
Listed
$799,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/20
$799,900
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1/20
Property Description
SIGNIFICANT VALUE-ADD, CASH COW 6-PLEX OPPORTUNITY in Provo, BYU market, with a solid 6.18% cap (as is!) with easy 7%-cap potential simply by increasing rents (which are BELOW MARKET)! Recent rate increase validates the pro forma rent assumptions! Increase the cap to mid or upper 7's by self managing. 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.
Full Property Details
Full Property Details for 457 S 500 E
General
- Price: $799,900
- Taxes: $5,802
- Status: Active
- Type: Multi-Family
- Source: WFR
- MLS ID: 2179050
- Updated: 8/21/2026
- Added to Site: 10 day(s) ago
Interior
- Interior Features: Kitchen: Updated, Range/Oven: Free Stdng.
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 7
Parking
- Parking Features: Parking: Uncovered
Location
- Area: Provo; Mamth; Springville
- County: Utah
- Cross Streets: 500
- Direction Faces: West
School Information
- Elem School District: Provo
- Midd School District: Provo
- High School District: Provo
- Elementary School: Provo Peaks
- Middle School: Centennial
- High School: Timpview
Utilities
- Water: Culinary
Structural Information
- Architectural Style: Front And Rear
- Roof: Asphalt
- Square Feet: 3,278
- Living Area: 3,278 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1925
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405.2
- Lot Size: .17
- Topography: Terrain, Flat
Financial Considerations
- Tax Amount: $5,802
- Terms: Cash, Commercial Fin. Req., Conventional
Disclosures and Reports
- Property ID: 05-048-0010
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Schools
Schools serving 457 S 500 E
School District:Provo School District
| Name | Grades | Distance |
|---|---|---|
Provo Peaks School 665 East Center Street, Provo, UT 84606 | K-6 | 0.5 mi |
Eschool@Provo School District 280 West 940 North, Provo, UT 84604 | K-12 | 1.5 mi |
Centennial Middle School 305 East 2320 North, Provo, UT 84604 | 7-8 | 2.6 mi |
Timpview High School 3570 N 650 E, Provo, UT 84604 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 457 S 500 E
Tax History
Tax History for 457 S 500 E
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,802
—
$627,550
-40%
2024
$5,802
57%
$1,052,900
190%
2023
$3,707
—
$363,275
1%
2023
$3,707
21%
$359,700
-31%
2021
$3,072
-9%
$524,200
58%
2022
$3,388
10%
$331,540
-34%
2021
$3,072
11%
$499,400
96%
2019
$2,779
17%
$254,320
15%
2018
$2,383
-5%
$221,155
-5%
2017
$2,511
-7%
$232,815
—
2016
$2,694
15%
$232,815
13%
2015
$2,349
4%
$205,150
—
2014
$2,253
6%
$205,150
13%
2013
$2,126
—
$180,840
—
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 457 S 500 E
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- 4Beds
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457 S 500 E, Provo, UT 84606 (MLS# 2179050) is a Multi-Family property with 6 units containing 7 bedrooms and 0 full bathrooms. 457 S 500 E is currently listed for $799,900 and was received on August 14, 2026. Want to learn more about 457 S 500 E? 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.