$10,000
closing credit¹
2042 S Nevada Ave Provo, UT 84606
Property details
About 2042 S Nevada Ave
Incredible investment opportunity generating an impressive $9,175 in gross monthly rental income! This well-maintained 7-plex boasts strong tenant occupancy and includes 6 spacious 2-bed, 1-bath units, plus an upgraded 3-bed, 2&1/2-bath unit featuring a private balcony deck for indoor/outdoor living and direct private garage access. Each unit has its own gas and power meters. Several units have received recent upgrades, including new flooring, kitchen cabinets, appliances, windows, fresh paint, and updated bathrooms. Residents enjoy private interior garages, with an additional 10 guest parking spaces available. Ideally situated for students and young professionals, the property offers a prime location with a quick 9-minute commute to BYU and 15 minutes to UVU, as well as a short distance to a variety of major employers and businesses including those at East Bay Tech Park, Noorda College of Osteopathic Medicine, Nestle, Vanderhall and Little Giant Ladders. Nestled against the mountains, tenants can also take advantage of nearby outdoor recreation, with the Bonneville Shoreline Trail and Weatherman's Lookout just minutes away. Additionally, with convenient access to State Street and a 5 minute commute to I-15, residents benefit from a variety of nearby shopping, dining, and entertainment options. Don't miss out on this exceptional investment opportunity, Reach out for more details today! Buyer/Buyer's Agent to verify all information.
Highlights
Summary
- MLS Number: 2026309
- MLS Name: UtahRealEstate.com
- Office Name: Woodley Real Estate
- Office Phone: (801) 855-5900
- Listing Agent: John Woodley
Based on information from UtahRealEstate.com 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. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2025 UtahRealEstate.com All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 4:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,599,000
2042 S Nevada Ave
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $187,800 | $2,176 |
| 2023 | $211,200 | $2,176 |
| 2021 | $154,300 | $1,955 |
| 2020 | $142,700 | $904 |
| 2019 | $71,060 | $708 |
History based on county public records data.
Nearby schools
5
Spring Creek School
Public District PK-6
0.2 mi
•1740 S Nevada Ave
4
Treeside Charter School
Public Charter KG-6
0.5 mi
•1724 S State St
5
Provost School
Public District KG-6
1.6 mi
•629 S 1000 E
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,022. The majority of Provo, UT residents have income between $35k-100k annually. The majority of families are married, with kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
College Football
Pro Wrestling
Where do the neighbors shop?
H&M
Express/Express For Men
Family Dollar
Where do the neighbors go to eat?
Boston Market
Sonic
Dominos Pizza
What do the neighbors drive?
Honda
Kia
Ford
What do the neighbors listen to?
Rhythmic Contemporary Hits
New Country
Country
This home is located at 2042 S Nevada Ave in Provo, UT and zip code 84606 in the Provost South neighborhood. This 7,164 square foot home, which was built in 1978, sits on a 0.44 acre lot. Features: 15 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $1,599,000.
The number of listings in Provo, UT increased by 51.6% between December and January 2025. In January 2025, listings were on the market for 97 days. During the same period, the median list price in this real estate market was $542,400.