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Springville, UT Multifamily Home for Sale

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    $550,000

    • 5 Beds
    • 2 Baths
    • 2,793 Sq Ft

    1018 E 40 N, Springville, UT 84663

    Recently remodeled, well performing duplex in quiet single family neighborhood of East Springville. Side by side units with SFR feeling. Newer flooring, kitchens, paint, bathrooms. Rents haven't been increased in over two years. Current rental contracts both expire on July 31 and then go month to month. Owner has been very picky with tenants to ensure this duplex has been well cared for. Great

    Rick Maingot GTO PROPERTIES, LLC

    1018 E 40 N, Springville, UT 84663

Why Live in Springville

Nicknamed “Art City,” Springville highlights its artistic focus through bronze statues along its streets, an annual week-long celebration of the arts and the Springville Museum of Art, the oldest such facility in the state. “Springville loves celebrating art,” says Scott Walters of Best USA Realty. “You’ll find that a lot of cities in Utah really get into performing arts, but Springville is one of the only cities that has an art museum and a big, week-long festival dedicated to art.” Springville is about eight miles south of Provo and approximately 45 miles south of Salt Lake City. In addition to strong ties to creativity, Springville’s residents also enjoy ready access to the Wasatch Range for hiking, fishing, and other outdoor pursuits. The median home price in Springville sits around $480,000, which is on par with neighboring Provo. On the city’s west side, neighborhoods such as Brookside Estates primarily showcase ranch-style properties with three to four bedrooms, often featuring front and backyards that accommodate family play or small gardens. On the eastern foothills near areas like Camelback Ridge, higher-priced homes reach into the luxury bracket, where owners enjoy

Home Trends in Springville, UT

Housing Trends

Median Sale Price
$492,500
Median Single Family Sale Price
$540,000
Median Townhouse Sale Price
$421,000
Median 2 Bedroom Sale Price
$290,000
Median 1 Bedroom Sale Price
$269,500
Average Price Per Sq Ft
$248
Number of Homes for Sale
131
Last 12 months Home Sales
361
Months of Supply
4.40
Median List Price
$500,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
2%
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