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451 W 500 N photo 11 / 24
Single Family

$340,000

451 W 500 N, Parowan, UT 84761

Type

SFR

List Price

$340,000

Price/Sqft

$236

Est Gross Yield

4.8%

$16,440/yr est.

Property Details

Property typeSingle Family
Year built1984
Total units1
Living area1,440 sqft
Bedrooms3
Bathrooms2
Lot size0.27 acres
Parking2 spaces
Days on market10
Listed2026-06-02T00:00:00+00:00

Description

Charming 3-Bedroom, 2-Bath Home with No HOA! Nestled on a quiet dead-end street in a peaceful small-town community, this home offers comfort, convenience, and exceptional value. Featuring soaring ceilings that create a bright and spacious feel, this property sits on a lot with mature fruit trees, including peach, apricot, apple, and plum. The detached 2-car garage provides lots of storage space. The garage roof was resurfaced approximately five years ago. For added peace of mind, the home includes a Champion 9,000-watt dual-fuel generator that connects directly to the house, providing reliable backup power when needed. Enjoy the freedom of no HOA fees, plenty of room for vehicles, hobbies, and storage, and the charm of a friendly neighborhood setting. Some furnishings may be negotiable, making this move-in-ready property even more appealing. Buyer to verify all information.

Listed by Vicky Wiley · Realty Absolute

Location

451 W 500 N, Parowan, UT 84761

Proforma

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Cap Rate

3.22%

Cash-on-Cash

-3.90%

Cash Flow

-$414/mo

Purchase Price$340,000
Down Payment35% ($119,000)
Interest Rate6.00%
Monthly Rent$1,370/mo
Vacancy5%
Expense Ratio30% ($4,685)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/12/2026, 3:27:52 AM. 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.