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441 S 500 E, Provo, UT, 84606

7beds
6baths
4,388sqft
$939,000
$214price/sqft
$5,556/moest. monthly cost
$222,240/yrincome needed

About This Home

SIGNIFICANT VALUE-ADD, CASH COW 6-PLEX OPPORTUNITY in Provo, BYU market, with an approximate 6% cap potential simply by increasing rents (which are BELOW MARKET)! UPDATED: kitchens, bathrooms, flooring, fixtures, with recent exterior improvements to paint, siding, & window sealing! Check out the pictures: NOT your "average" 6-plex. Tenants enjoy use of a secure, free laundry area in basement. 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.

Getting Around

58
WalkingSomewhat Walkable
47
TransitSome Transit
64
BikeBikeable

Schools

5/10
Provo Peaks SchoolGrades K-60.5 mi
9/10
5/10
Centennial Middle SchoolGrades 7-82.6 mi

Construction

Condition

  • Property condition: Blt./Standing
  • Year built: 1925

Materials

  • Roof: Asphalt

Type & Style

  • Home type: MultiFamily
  • Architectural style: Front And Rear
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 6

Interior Area

  • Total structure area: 4,388
  • Total interior livable area: 4,388 sqft

Property

Details

  • Parcel number: 050480007

Features

  • Topography of land: Terrain
  • Residential vegetation: Mature Trees

Lot

  • Lot size: 8,276 sqft
  • Features: Curb & Gutter
  • Lot size dimensions: 0.0 x 0.0 x 0.0

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Lightning
    LightningRelatively High
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Lightning
Heat Wave
Winter Weather

FEMA Declared Disasters Across Utah Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,748$56,976
Home Insurance $206$2,472
Property Taxes $336$4,032
Electricity $266$3,196
Total$5,556$66,672

Income You'd Need if You Spent...

35% on housing$190,491/yr
40% on housing$166,680/yr
45% on housing$148,160/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 0.9%
0.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.9%
2.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$214This listing

vs Other Active Listings

Avg $/sqft

ZIP 84606$169
Utah County$203

vs Homes Sold Last Month

Median $/sqft

ZIP 84606$232
Utah County$203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-13Price change$999,000
2026-02-12Listed for sale$1,050,000

For Sale by Agent

AgentNiki R Worthington
BrokeragePrime Real Estate Experts

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