551 S Main St E, Springville, UT 84663
Local realty services provided by:ERA Brokers Consolidated
551 S Main St E,Springville, UT 84663
$399,900
- 4 Beds
- 3 Baths
- 2,904 sq. ft.
- Single family
- Active
Listed by: stephanie hoffee
Office: wasatch mountain realty
MLS#:2152447
Source:SL
Price summary
- Price:$399,900
- Price per sq. ft.:$137.71
About this home
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....
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Home facts
- Year built:1948
- Listing ID #:2152447
- Added:23 day(s) ago
- Updated:May 16, 2026 at 11:11 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:12
- Flooring:Carpet, Hardwood
- Bathrooms Description:Jetted Tub
- Kitchen Description:Disposal, Kitchen: Second
- Basement Description:Walk-Out Access
- Living area:2,904 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt
- Year built:1948
- Building area:2,904 sq. ft.
- Lot area:0.27 Acres
- Lot Features:Fenced: Partial, Flat, Road: Paved, Secluded
- Architectural Style:Rambler/Ranch
- Construction Materials:Brick
- Exterior Features:Covered, Patio: Covered
- Levels:2 Story
Schools
- High school:Springville
- Middle school:Springville Jr
- Elementary school:Brookside
Utilities
- Water:Culinary, Water Connected
- Sewer:Sewer Connected, Sewer: Connected, Sewer: Public
Finances and disclosures
- Price:$399,900
- Price per sq. ft.:$137.71
- Tax amount:$2,597
Features and amenities
- Laundry features:Electric Dryer Hookups
- Amenities:Jetted Tub, Mother-In-Law Apartment
Parking
- Total parking spaces:1
- Carport spaces:1
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