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    648 S 500 W, Unit 3 Provo, UT 84601

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    For Sale
    $259,900

    Clean, updated 2-bedroom condo near BYU, ideal for investors.

    Property size:
    793 SF
    Lot size:
    0.02 Acres

    Property Features for 648 S 500 W

    General Information

    Size
    793 SF
    Lot size
    0.02 Acres

    Building Details

    Year built
    1985
    Source: Kw

    Listing Agent: Karoline Sauan Gregorian

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Condo Near BYU

    This clean and well-kept condo features 2 bedrooms and 1 bath. It is situated in a prime Provo location, minutes from BYU, Utah Valley Hospital, Downtown Provo, and with easy access to I-15. The property is conveniently close to parks, schools, restaurants, shopping at the University Place Mall, and the Frontrunner station. The unit features a bright, functional layout with updated finishes and plenty of natural light. The seller has replaced the furnace and bath unit, and switched out the swamp cooler with air conditioning. The HOA allows rentals, making it suitable as an investment property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Provo
    County
    Utah
    State
    Utah
    Longitude
    -111.6680931
    Latitude
    40.2251285

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    FAQs

    What type of property is this?
    Apartment building - Clean, updated 2-bedroom condo near BYU, ideal for investors.
    Where is this apartment building located?
    The property is located at 648 S 500 W, Unit 3 Provo, UT.
    What is the asking price?
    The asking price for this property is $259,900.
    What are key features of this property?
    This property features: - Allows rentals (HOA); - Prime Provo location near BYU, Utah Valley Hospital, Downtown Provo, and I-15; - Enjoy updated finishes and plenty of natural light
    Request Owner's contact information
    648 S 500 W, Unit 3 Provo, UT 84601
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    Provo, UT 84601
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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
    648 S 500 W, Unit 3 Provo, UT 84601
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