784 Heather LnProvo, UT 84601

Property Details for 784 Heather Ln

Year built

1978

Lot size

0.24 AC

Property size (Sq ft)

3,290 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This 1978-built Provo fourplex presents a compelling investment opportunity. The property boasts 3,290 square feet situated on a 0.24-acre lot at 784 W Heather Ln, Provo, UT 84601 (APN 410780015). The two-story building comprises four units, each currently priced at $212,500, with an overall asking price of $850,000 ($258.36/sq ft). Two units have undergone complete renovations, featuring new cabinetry, flooring, paint, and appliances. A third unit includes updated cabinetry but requires carpet replacement. The fourth unit, occupied by a long-term tenant, remains unrenovated. Three of the four units benefit from newer central air conditioning. Currently, rents are below market value, offering significant upside potential. With minor updates to one unit and a full remodel of another, market rent for all units is projected at $1,400 per month. This property offers a strong foundation for immediate income and substantial future growth. The property's location in Provo, Utah, provides access to a thriving rental market. This is a rare opportunity to acquire a multifamily property with immediate income and significant value-add potential. MLS #2017711.

Location Insight

City

Provo

County

Utah

State

Utah

Latitude

40.2235

Longitude

-111.673

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