245 S 500 E, Provo, UT 84606 (MLS # 2125688)


Welcome Home! Whether you are looking for a delightful house that you can transform into your very own home complete with basement mother-in-law apartment or a reliable source of generating rental income to assist with the financial dynamics of ownership. Or perhaps you're investment minded and looking to generate lasting wealth by curating this profitable investment asset complete with immense value and untapped potential to launch or fortify your growing portfolio. located less than 5 minutes away from the BYU Campus providing a virtual unending supply of potential tenants. No matter if You, or Your Tenants are looking to live in a warm and inviting home environment indoors, or taking in a private moment to kick the ball, throw the frisbee, play with the dog, or even immerse yourself in the tranquility of creativity by taking time to paint or throw pottery in the Art Shed nestled within the confines of the secluded back yard. Then when it's time to get out for an evening on the town you or your tenants are only 3 minutes away from the vibrant culture of Downtown Provo replete with numerous restaurants to satisfy any taste and numerous activities that are sure to invigorate the mind. With all the foregoing it is easy to see that this property is amply prepared to provide memories to last a lifetime. If this is the type of environment you are looking for personally or are hoping to provide for your valued tenants then you are hereby invited to consider taking the opportunity to make this ideal residence your very own.. As far as the facts go this property has boasted a solid history of quality tenants. Main Floor Tenants have vacated due to not knowing if the Buyer would be an Investor or an Owner Occupied Buyer. However Rent rate was $1800. Basement tenant just renewed Lease on a Month-to-Month Basis at $1,000.00 a month and would like to secured a long term lease if the new owner will allow, but the month-to-month arrangement ensures that if having a basement tenant is not needed/wanted, notice can be given and tenant would be moved out likely by close of escrow. This property has been pre-inspected by one of the very best Home Inspectors in the entire State of Utah to ensure that this property is in excellent condition, free of any surprises, which report will gladly be shared with any valid accepted offer with a desire to help any ready willing and able buyer make a more informed decision in the purchasing process. What is more, the roof has recently been replaced, and the owner has continued to invest in considerable improvements in the property which are detailed in the supplementary paperwork. Main level is vacant. Kindly provide 24 hour notice prior to any showing requests for the basement. However, don't let that stop you from reaching out to arrange an easy, convenient and private showing today. All information herein is deemed reliable but is not guaranteed. Buyer is therefore responsible to verify all listing information, including square footage/acreage, to Buyer's own satisfaction.

DAYS ON MARKET 107 LAST UPDATED 3/11/2026
TRACT NONE YEAR BUILT 1924
COMMUNITY Provo; Mamth; Springville COUNTY Utah
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary SchoolProvo Peaks
Jr. High SchoolCentennial
High SchoolProvo

PRICE HISTORY
Prior to Dec 5, '25 $215,000
Dec 5, '25 - Dec 23, '25 $515,000
Dec 23, '25 - Dec 29, '25 $513,500
Dec 29, '25 - Jan 1, '26 $512,000
Jan 1, '26 - Jan 7, '26 $510,500
Jan 7, '26 - Jan 12, '26 $509,000
Jan 12, '26 - Jan 19, '26 $507,500
Jan 19, '26 - Jan 27, '26 $506,000
Jan 27, '26 - Jan 31, '26 $504,500
Jan 31, '26 - Feb 9, '26 $503,000
Feb 9, '26 - Feb 18, '26 $500,000
Feb 18, '26 - Feb 26, '26 $495,000
Feb 26, '26 - Mar 4, '26 $490,000
Mar 4, '26 - Mar 11, '26 $485,000
Mar 11, '26 - Today$480,000


ADDITIONAL DETAILS
AIRCentral Air
AIR CONDITIONINGYes
APPLIANCESOven, Range
AREAProvo; Mamth; Springville
BASEMENTPartial, Yes
FIREPLACEYes
HEATForced Air
INTERIORIn-Law Floorplan, Master Downstairs
LOT8276 sq ft
LOT DIMENSIONS0.0x0.0x0.0
PARKINGCovered, RV Access/Parking
SEWERPublic Sewer
STORIES2
STYLERanch/Rambler
SUBDIVISIONNONE
TAXES2487
UTILITIESNatural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
VIEWYes
VIEW DESCRIPTIONMountain(s)
ZONINGRES
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Berkshire Hathaway HomeServices Elite Real Estate
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