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Listed price in listed location currency (USD).
$399,900

431

MLS® 2152447

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 2904 sqft
Garage 
Taxes $2,597
Days Active 2
Lot Size 
Approx. Age 1948
Avg. Price Per Sqft $137
MLS® Number 2152447

Property Address: 551 S Main St, Springville, UT, 84663-2395

Average square foot calculated using Size range provided by listing agent.

Description

Legal, nonconforming duplex with strong in-place income, long-term tenancy, and immediate upside potential. Upper unit rents for $1, 400/month on a month-to-month lease with a tenant in place since 2015, and the lower unit rents for $900/month with a recently renewed lease, both including utilities and internet. Current rents are below market and have not been adjusted in a couple of years, offering an immediate opportunity to increase cash flow. Major system updates have already been completed, including roof (2017), A/C (2019), furnace (2023), full repipe (2024), and basement improvements (2023), providing a solid foundation for long-term ownership. Located on Main Street in Springville, the property benefits from consistent rental demand, high visibility, and convenient access to I-15, Provo/Orem employment hubs, and nearby shops and restaurants, all within a growing South Utah County corridor and at an attractive price per square foot. The property is tenant-occupied and in need of cosmetic updates, presenting a clear value-add opportunity for an investor or owner-occupant looking to offset their mortgage with rental income. Ask about renovation loan options that allow buyers to finance improvements into the purchase and accelerate rental upside. No showings, do not disturb tenants, sold as-is with offer subject to inspection, interior photos and additional information available upon request, proof of funds required prior to release, seller financing not available.
MLS® Number2152447
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1948
BasementWalk-Out Access
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 22, 2026List Date
$399,900List Price

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