For sale MLS# 2151603 · 197 days on the market
$2,100,000
It starts with a call with an agent.
251 E 300 S, Springville, UT 84663
About this home
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.
Written by the listing agent.
Location
Living in Springville
Springville is a city in Utah County, part of the Provo–Orem metropolitan area, with neighboring cities including Spanish Fork and Mapleton. Known as "Art City," Springville was settled in 1850 and incorporated in 1853.
- 35,268 residents (2020)
Monthly payment
- Principal & interest
- $11,637
- Property tax
- $661
- Home insurance
- $110
10% down ($210,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Style
- Stories: 3
- Lot
- 0.6 acres
- County
- Utah
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district.
Listing courtesy of Equity Real Estate (Results) / Stephanie Lewis. Based on information from UtahRealEstate.com as of 10/16/2026 8:46 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.