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5198 N UNIVERSITY AVE photo 11 / 31

$455,000

5198 N UNIVERSITY AVE, Provo, UT 84604

Type

Condo

List Price

$455,000

Price/Sqft

$286

Est Gross Yield

4.2%

$18,900/yr est.

Property Details

Property typeCondo
Year built2007
Total units1
Living area1,590 sqft
Bedrooms3
Bathrooms3
Lot size0.04 acres
Parking2 spaces
Days on market16
Listed2026-06-08T00:00:00+00:00

Description

Top-floor northeast corner condo in The Arbors on the Avenue with unobstructed Mount Timpanogos views from the primary bedroom, dining area, and private balcony. Located on the east side of the building and away from street traffic, this home offers a peaceful setting while remaining close to everything Provo has to offer. Just one minute from the mouth of Provo Canyon with easy access to hiking, biking, fishing, and year-round recreation. Conveniently located near shopping, dining, and amenities, including The Shops at Riverwoods, with the planned Osmond Amphitheater project nearby. Elevator access throughout the building and to the underground garage, which includes one assigned parking space and a private storage closet. Community amenities include an indoor/outdoor pool, fitness room, and clubhouse.

Listed by Julian Finlinson · Coldwell Banker Realty (Union Heights)

Location

5198 N UNIVERSITY AVE, Provo, UT 84604

Proforma

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Cap Rate

2.76%

Cash-on-Cash

-5.10%

Cash Flow

-$726/mo

Purchase Price$455,000
Down Payment35% ($159,250)
Interest Rate6.00%
Monthly Rent$1,575/mo
Vacancy5%
Expense Ratio30% ($5,387)

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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 6/24/2026, 11:43:07 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.