457 S 500 E
Provo, UT 84606
Maeser- 7 Beds
- 6 Baths
- 3,278 sqft
$850,000
Original price: $900,000
$850,000
Original price: $900,000
7 Beds
6 Baths
3,278 sqft
Local Information
-- mins to
Description
SIGNIFICANT VALUE-ADD, CASH COW 6-PLEX OPPORTUNITY in Provo, BYU market, with a solid 7%-cap potential (if self managed), simply by increasing rents (which are BELOW MARKET)! Recent rate increase validates the pro forma rent assumptions! 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.
Home Highlights
Parking
Open Parking
Outdoor
No Info
HOA
None
Price/Sqft
$259
Listed
27 days ago
Home Details for 457 S 500 E
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Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 6 |
Dimensions and Layout Living Area: 3278 Square Feet |
Appliances & Utilities Appliances: Free-Standing Range |
Heating & Cooling No CoolingNo Heating |
Fireplace & Spa No Fireplace |
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Exterior Home Features Roof: AsphaltNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: Open |
Frontage Not on Waterfront |
Surface & Elevation Topography: Terrain |
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Days on Market: 27 |
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Year Built Year Built: 1925 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Front And Rear |
Building Not a New ConstructionDoes Not Include Home Warranty |
Property Information Condition: Blt./StandingParcel Number: 050480010 |
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Price List Price: $850,000Price Per Sqft: $259 |
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MLS Status: Active |
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Direction & Address City: Provo |
School Information Elementary School: Provo PeaksElementary School District: ProvoJr High / Middle School: CentennialJr High / Middle School District: ProvoHigh School: TimpviewHigh School District: Provo |
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Listing Agent Listing ID: 2160823 |
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Building Area Building Area: 3278 Square Feet |
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Not Senior Community |
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No HOA |
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Lot Area: 7405.2 sqft |
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Disclaimer: Information not guaranteed. Buyer to verify all information. |
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Listing Terms: Cash, Commercial Fin. Req., Conventional |
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Mls Number: 2160823Attribution Contact: 385-332-4548 |
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Source Internet Entire Listing Display |
Last check for updates: about 19 hours ago
Listing courtesy of Darrin Webster, (385) 332-4548
Prime Real Estate Experts (Founders)
Niki R Worthington
Prime Real Estate Experts
Source: UtahRealEstate.com, MLS#2160823

Also Listed on UtahRealEstate.com.
Market trends in Provo
Last updated May 2026
Avg. sale price
$475K
$14.71KMoM
Sale-to-List Price
99.7%
0.4%MoM
Price per sq ft
$265
$7MoM
Available listings
273
24MoM
Price History for 457 S 500 E
| Date | Price | Event | Source |
|---|---|---|---|
| 06/18/2026 | $850,000 | PriceChange | UtahRealEstate.com #2160823 |
| 05/27/2026 | $900,000 | Listed For Sale | UtahRealEstate.com #2160823 |
| 05/27/2026 | $900,000 | ListingRemoved | UtahRealEstate.com #2136914 |
| 04/13/2026 | $900,000 | PriceChange | UtahRealEstate.com #2136914 |
| 02/12/2026 | $950,000 | Listed For Sale | UtahRealEstate.com #2136914 |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $3,691 |
| Assessment | $660,500 |
Home facts updated by county records
Comparable Sales for 457 S 500 E
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.55 | Multi-Family Home | - | 09/29/25 | 6 | 5 | 3,816 | |
2.88 | Multi-Family Home | - | 05/01/26 | 6 | 4 | 3,232 | |
2.51 | Multi-Family Home | - | 08/27/25 | 4 | 2 | 2,784 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 457 S 500 E.
What Locals Say about Maeser
At least 8 Trulia users voted on each feature.
100 % Say there are sidewalks
100 % Say it's dog friendly
100 % Say kids play outside
92 % Say it's walkable to restaurants
88 % Say yards are well-kept
85 % Say parking is easy
80 % Say there's holiday spirit
80 % Say people would walk alone at night
77 % Say streets are well-lit
69 % Say car is needed
69 % Say neighbors are friendly
64 % Say there are community events
54 % Say it's walkable to grocery stores
46 % Say it's quiet
33 % Say they plan to stay for at least 5 years
27 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Darrin Webster, Prime Real Estate Experts (Founders)
Agent Phone: (385) 332-4548

Based on information from UtahRealEstate.com as of 2026-03-26 15:41:24 PDT. 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.Click here for more information

