251 E 300 S Springville, UT 84663
Springville AreaEstimated payment $12,192/month
Highlights
- 0.6 Acre Lot
- No Heating
- 3-minute walk to Springville Park
- No HOA
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,931
Year Built
- Built in 1914
Lot Details
- 26,136 Sq Ft Lot
Interior Spaces
- 8,957 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Bathrooms
Utilities
- No Cooling
- No Heating
Community Details
- No Home Owners Association
- 12 Units
Listing and Financial Details
- Assessor Parcel Number 06-015-0003
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $7,932 | $861,025 | ||
| 2025 | $7,932 | $815,595 | ||
| 2024 | $6,032 | $617,925 | $0 | $0 |
| 2023 | $5,966 | $611,820 | $0 | $0 |
| 2022 | $5,599 | $563,860 | $0 | $0 |
| 2021 | $5,687 | $891,500 | $178,200 | $713,300 |
| 2020 | $5,587 | $849,200 | $169,800 | $679,400 |
| 2019 | $5,082 | $786,300 | $157,300 | $629,000 |
| 2018 | $4,632 | $683,700 | $136,700 | $547,000 |
| 2017 | $4,795 | $375,980 | $0 | $0 |
| 2016 | $4,779 | $367,345 | $0 | $0 |
| 2015 | $4,065 | $319,440 | $0 | $0 |
| 2014 | $3,557 | $374,000 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/04/2026 06/04/26 | For Sale | $2,100,000 | 0.0% | $234 / Sq Ft |
| 06/04/2026 06/04/26 | Off Market | -- | -- | -- |
| 04/17/2026 04/17/26 | For Sale | $2,100,000 | -- | $234 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Utah First Title Ins Agency | |
| Warranty Deed | -- | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | First American Title | |
| Quit Claim Deed | -- | Provo Land Title Co | |
| Warranty Deed | -- | Provo Land Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,020,000 | Commercial | |
| Previous Owner | $900,000 | Commercial | |
| Previous Owner | $105,000 | Commercial | |
| Previous Owner | $100,000 | Commercial | |
| Previous Owner | $503,800 | Unknown |
Source: UtahRealEstate.com
MLS Number: 2151603
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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Licensor is only providing the MLS Content and not other sources of data provided in the Product.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc.. 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.
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Ask me questions while you tour the home.