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    489 S 500 E Provo, UT 84606

    For Sale
    $909,000

    MULTI_FAMILY - Other - Provo, UT

    Property size:
    2,417 SF
    Lot size:
    0.21 Acres
    Days on Market:
    39
    Last Refresh:
    Dec 5 at 7:06 pm

    Property Features for 489 S 500 E

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Blinds
    Zoning
    Multi-Family
    Rooms
    Bedroom 3, Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
    Bedrooms
    4
    Bathrooms
    4
    APN
    05-048-0009
    Parking
    10
    Parking features
    Covered
    Patio and Porch features
    Porch, Deck
    Interior features
    Oven: Gas, Range: Gas, Range/Oven: Built-In
    Exterior features
    Deck; Covered, Double Pane Windows, Porch: Open
    Accessibility
    Accessible Approach with Ramp
    Size
    2,417 SF
    Lot size
    0.21 Acres

    Utilities

    Heating system
    Radiant, Natural Gas

    Building Details

    Year built
    1948
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Laminate, Carpet, Tile
    Building materials
    Stucco
    Roof type
    Asphalt
    Architectural style
    Other

    eXp Realty LLC (385) 419-1397 [email protected]

    Listing agent Sam Holman (801) 499-6087

    Listing date Oct 28, 2025

    MLS# 2118420 Listing URL

    Copyright © 2025 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Fourplex Near BYU

    This fourplex, located near BYU and downtown Provo, features four apartments, each with one bedroom, one bathroom, a kitchen, and a living space. The property includes new flooring throughout all the apartments and updated plumbing. Additional updates have been made throughout the apartments. A newer roof is in place, and on-site laundry facilities are available. The lot size is 0.21 acres, and the property size is 2417 square feet. The zoning is Multi-Family.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Provo
    County
    Utah
    State
    Utah
    Longitude
    -111.649705
    Latitude
    40.227269

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    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property with updated interiors and on-site laundry.
    Where is this quadplex located?
    The property is located at 489 S 500 E Provo, UT.
    What is the asking price?
    The asking price for this property is $909,000.
    What are key features of this property?
    This property features: - Rare 4-plex investment property near BYU and downtown.; - Four apartments, each with 1 bed, 1 bath, kitchen, and living space.; - New flooring throughout all apartments.
    (801) 499-6087
    Request Owner's contact information
    489 S 500 E Provo, UT 84606
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    489 S 500 E Provo, UT 84606
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