Active

251 E 300

Springville, UT 84663

$2,100,000 $8,853/Mo

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Overview

Bed

Bath

8,957

Sqft

0.60

Acre(Lot)

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. Please reach out with inquiries to Stuart Lewis: 801-717-7444.

Property Details

Property Type : Residential

Price : $2,100,000

AD Id : 80008910

MLS Id : 2151603

Beds : 12

Lot Size : 0.60 Acre

Living Area Size : 8,957

Year Built : 1914

County : Utah

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 12

Bathroom Information

Total Baths: 12
Heating & Cooling

Heating: None Cooling: None

Building Information

Year Built: 1914 Building Area Total: 8957 Frontage Length: 0.0 Private Pool: No

Lot Information

Lot Dimensions: 0.0x0.0x0.0 Main Square Feet: 0.6 Acres Lot Size Acres: 0.6 Lot Size Square Feet: 26136

Listing Price Information

Listing Price: $2100000

Tax Information

Parcel Number: 06-015-0003 Annual Tax: $7931

School Information

Elementary School: None/Other

Junior High School: None/Other

Senior High School: None/Other

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 06/06/2026 @ 00:19. 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.

ByOwner last updated this listing 06/06/2026 @ 00:19

MLS: 2151603 LISTED BY: Stephanie Lewis, Equity Real Estate (Results) 801-610-9394 SOURCE: UtahRealEstate (Wasatch Front)