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.
Pending
$910,000
483 S 450 E, Provo, UT 84606
8beds
4baths
3,000sqft
Quadruplex
Built in 1977
-- sqft lot
$855,900 Zestimate®
$303/sqft
$-- HOA
What's special
Central airTwo units fully renovated
- 112 days |
- 11 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Jacob S Nielson 801-456-8800,
Newmark Mountain West
Source: UtahRealEstate.com,MLS#: 2139395
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air
Features
- Windows: Blinds
- Has fireplace: No
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: Two
Lot
- Size: 8,276 Square Feet
- Features: Cul-De-Sac
Details
- Parcel number: 530260006
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Brick
- Roof: Asphalt
Condition
- Blt./Standing
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer, Sewer: Public
- Water: Culinary
- Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Timpanogos Towers
HOA
- Has HOA: No
Location
- Region: Provo
Financial & listing details
- Price per square foot: $303/sqft
- Tax assessed value: $770,700
- Annual tax amount: $4,661
- Date on market: 2/18/2026
- Listing terms: Cash,Conventional,1031 Exchange
- Acres allowed for irrigation: 0
- Electric utility on property: Yes
Estimated market value
$855,900
$813,000 - $899,000
$1,336/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Pending sale | $910,000$303/sqft |
Source:  UtahRealEstate.com #2139395 Report a problem | ||
| 2/26/2026 | Listed for sale | $910,000$303/sqft |
Source: UtahRealEstate.com #2139395 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,306 -0.4% | $770,700 +1% |
| 2023 | $4,325 +9.4% | $763,100 +8.5% |
| 2022 | $3,953 +24.7% | $703,300 +136.4% |
| 2021 | $3,170 +0.8% | $297,550 -40.9% |
| 2020 | $3,146 +11.8% | $503,300 +95.4% |
| 2019 | $2,814 +28.2% | $257,510 -38.9% |
| 2018 | $2,195 -5.6% | $421,800 +107.3% |
| 2017 | $2,325 | $203,500 +1.3% |
| 2016 | $2,325 +11.2% | $200,915 +10% |
| 2015 | $2,091 +13.6% | $182,655 +9% |
| 2014 | $1,841 | $167,640 +8.6% |
| 2013 | -- | $154,385 |
| 2012 | -- | $154,385 -12.3% |
| 2009 | -- | $176,000 |
| 2008 | -- | $176,000 |
| 2007 | -- | $176,000 +46.2% |
| 2006 | -- | $120,395 +5% |
| 2005 | -- | $114,682 |
| 2003 | -- | $114,682 -45% |
| 2001 | $1,206 +9.3% | $208,513 +100.9% |
| 2000 | $1,104 | $103,766 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Maeser
Nearby schools
GreatSchools rating
- 5/10Provo Peaks SchoolGrades: PK-6Distance: 0.5 mi
- 9/10Eschool@Provo School DistrictGrades: K-12Distance: 1.5 mi
- 5/10Centennial Middle SchoolGrades: 7-8Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Franklin
- Middle: Centennial
- High: Provo
- District: Provo
Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Utah
- Utah County
- Provo
- 84606
- Maeser
- 483 S 450 E
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