Address
251 E 300 S, Springville, UT
Price
$ 2,100,000
Property Attributes
- MLS#2151603
- TypeMulti-Family
- Listing Status Under Contract
- CountyUTAH
- CitySpringville
- AreaProvo
- Zip84663
- StyleStories: 3
- Year Built1914
- Taxes$ 7931
- Price$ 2,100,000
- Bedrooms12
- Full Bathrooms12
- Half Bathrooms0
- Sqr Footage8957
- Lot Size0.6 Acres
Data Source:
Wasatch Front Regional MLS (WFRMLS)
Property Description
This is an excellent investment opportunity providing significant immediate cashflow. This 12-unit historic apartment building features eleven 1-bedroom units and one studio apartment, as well as 12 large onsite storage units, producing current monthly income of $12,650. Located in the heart of Springville, this property has consistent occupancy history and high rental demand when units become available. This is an opportunity to acquire a stabilized building in a core location with reliable day-one income and straightforward management. Seller is willing to finance 75% of the purchase price at 3.99% for 3 years.
| Elementary School | Middle School | High School |
|---|---|---|
| None/Other Elementary School | None/Other Middle School | None/Other High School |
| Price History | |
|---|---|
| 4/17/2026 | Listed $2,100,000 |
General Features
| Living Area | 8957.0 |
|---|---|
| Architectural Style | Stories: 3 |
| Year Built | 1914 |
| Property Subtype | > 4 Units |
| Current Use | Residential |
| County | Utah |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Garage Y/N | No |
| Status | Under Contract |
| High School | None/Other |
| City | Springville |
| Senior Community Y/N | No |
| Number Of Units Total | 12 |
| MLS Area | Provo; Mamth; Springville |
| Lot Size Units | Acres |
| Lot Size Square Feet | 26136.0 |
| Carport Y/N | No |
| Elementary School | None/Other |
| Property Attached Y/N | No |
| Tax Annual Amount | 7931.0 |
| Home Warranty Y/N | No |
| Middle/Junior High School | None/Other |
| Property Condition | Blt./Standing |
| Lease Considered Y/N | No |
| Living Area Units | Square Feet |
| Standard Status | Pending |
| PostalCity | Springville |
| ADU | No |
Interior Features
| Air Conditioning Y/N | No |
|---|---|
| Heating Y/N | No |
| Fireplace Y/N | No |
| Total Bedrooms | 12 |
| Total Baths | 12 |
Exterior Features
| Lot Size Area | 0.6 |
|---|---|
| Spa | No |
| Building Area Total | 8957.0 |
| Lot Dimensions | 0.0x0.0x0.0 |
| Lot Size Acres | 0.6 |
| Frontage Length | 0.0 |
| Private Pool | No |
| Waterfront Y/N | No |
| RV Parking Dimensions | 0.00 |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 84663
Price
Taxes
Year Built
Visits
Wasatch Front Regional MLS - Salt Lake Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
