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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.
| DAYS ON MARKET | 12 | LAST UPDATED | 2/25/2026 |
|---|---|---|---|
| TRACT | TIMPANOGOS TOWERS | YEAR BUILT | 1977 |
| COMMUNITY | Provo; Mamth; Springville | COUNTY | Utah |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Franklin |
|---|---|
| Jr. High School | Centennial |
| High School | Provo |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | Provo; Mamth; Springville |
| CONSTRUCTION | Brick |
| HEAT | Forced Air |
| LOT | 8276 sq ft |
| LOT DESCRIPTION | Cul-de-Sac |
| LOT DIMENSIONS | 0.0x0.0x0.0 |
| SEWER | Public Sewer |
| STYLE | Stories: 2 |
| SUBDIVISION | TIMPANOGOS TOWERS |
| TAXES | 4661 |
| UTILITIES | Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected |
MORTGAGE CALCULATOR
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Listed with Newmark Mountain West
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This IDX solution is (c) Diverse Solutions 2026.
