1 / 15
466 E 400 S, Provo, UT 84606
$695,000
466 E 400 S, Provo, UT 84606
Units
3
Price/Unit
$231,667
Price/Sqft
$208
Est Gross Yield
6.2%
$43,128/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 2BR / 2BA | 1 | 2 | 2 | 1,112 | $1,500/mo |
| 2BR / 2BA | 1 | 2 | 2 | 1,112 | $1,300/mo |
| 2BR / 2BA | 1 | 2 | 2 | 1,112 | $450/mo |
| Total | 3 | 6 | 6 | 3,336 | $3,250/mo |
Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.
Description
TRI-PLEX APPARTMENT COMPLEX IN PROVO: Showings subject to an accepted offer. Excellent investment opportunity in the heart of Provo. This fully occupied triplex offers a desirable layout and strong rental history. Built in 1979 and managed by one owner, this property features three spacious, townhome-style units designed for comfortable living. Each of the three two-story units feature main floor living with a welcoming family room, a half bath with washer/dryer hookups, and an eat-in kitchen equipped with a microwave and dining space. A private back deck extends off the kitchen. The second floor has two generous sized bedrooms with closets, and one full bathroom featuring a tub/shower combo. Each unit has two dedicated parking spots directly in front of it. The property has asphalt shingles, and aluminum siding. Additionally, a side parcel offers versatility to be utilized for extra parking, outdoor community space, or storage potential. Currently three storage sheds sit on the property with lawn surrounding them. This property offers turnkey revenue with 100% occupancy. Current monthly rents are steady and at least one unit is below market and rented on a month to month basis. This unit would be perfect for an owner occupant! The townhome feel is a great fit for anyone looking for an urban experience. Situated in a central pocket of Provo, this property is close to Brigham Young University, downtown dining and shopping, and is minutes from the Provo FrontRunner Station. Driveway is an official easement shared with the home in front of the triplex units. Buyer and buyer's agent to independently verify all MLS marketing remarks, features, zoning permissions, and usability of all utilities and systems during due diligence. The triplex can be sold in a bundle with the single family home (Parcel: 05:47:0008) for a price of $960k.
Listed by Leslie Jones · Real Broker, LLC
Location
466 E 400 S, Provo, UT 84606
Proforma
Drag sliders to explore the deal
Cap Rate
4.13%
Cash-on-Cash
-1.47%
Cash Flow
-$318/mo
Quick estimates only. Switch to Detailed for full line-item control.
Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.
© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/10/2026, 11:17:58 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.