PROPERTY DETAILS
About This Property
This home for sale at 535 N 700 E #1-4 Spanish Fork, UT 84660 has been listed at $839,000 and has been on the market for 289 days.
Full Description
Multi-family investment opportunity! Come discover this awesome 4-plex in a prime location in the heart of Spanish Fork! Its located conveniently close to the major shopping centers, the new IHC hospital, and both major highways I-15 and Highway 6. This property has been well maintained and managed by the same property manager since it was built! Most tenants have stayed for multiple years keeping very low vacancy rates. Property Details: 4 units, each unit has 2 bedrooms and 1 bath and is approximately 900 sq ft. Washer/dryer hookups located in the second bedroom. There is an additional sink/vanity outside of the bathroom. Each unit includes an additional storage closet on the West side of the building. There is a grass section on the East side of the building and a large parking lot on the West side. All units have similar floor plans with different flooring. Rental/Income Details: The rents have been well below market value due to long-term tenancy. The tenants have signed new leases with increased rates through Dec. 2025. There are separate meters for gas and electricity. The owner pays for landscaping, snow removal, water, sewer, and irrigation. There are plenty of opportunities to increase the profitability of this investment! Contact the listing agent to schedule your showing. Please do not disturb the tenants! All units will be available to see with a reasonable offer. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Property Highlights
- Come discover this awesome 4-plex in a prime location in the heart of Spanish Fork!
- Its located conveniently close to the major shopping centers, the new IHC hospital, and both major highways I-15 and Highway 6.
- Each unit includes an additional storage closet on the West side of the building.
- The tenants have signed new leases with increased rates through Dec.
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General Information
-
Price
$839,000 51.0k
-
Days on Market
289
-
Area
Sp Fork; Mapleton; Benjamin
-
Total Bedrooms
8
-
Total Bathrooms
4
-
House Size
3874 Sq Ft
-
Address
535 N 700 E #1-4 Spanish Fork, UT 84660
-
Listed By
KW WESTFIELD
-
HOA
NO
-
Lot Size
0.41
-
Price/sqft
216.57
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Year Built
1981
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MLS
2020748
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Status
Active
-
City
-
Term Of Sale
Cash,Conventional
Inclusions
- Range
- Refrigerator
Interior Features
- Range/Oven: Free Stdng.
Building and Construction
- Roof: Metal
- Exterior:
- Construction: Brick
- Foundation Basement: d d
Garage and Parking
- Garage Type: No
- Garage Spaces: 0
Land Description
- Sidewalks
- Sprinkler: Auto-Full
Price History
May 31, 2025
$839,000
Price decreased:
-$51,000
$216.57/sqft
Feb 07, 2025
$890,000
Price decreased:
-$25,000
$229.74/sqft
Oct 22, 2024
$915,000
Price decreased:
-$10,000
$236.19/sqft
Aug 30, 2024
$925,000
Just Listed
$238.77/sqft
LOVE THIS HOME?
Schedule a showing with a buyers agent
Kristopher
Larson
801-410-7917
Other Property Info
- Area: Sp Fork; Mapleton; Benjamin
- Zoning: Multi-Family
- State: UT
- County: Utah
- This listing is courtesy of:: Cali R Liechty KW WESTFIELD.
801-358-4081.
Utilities
Natural Gas Connected
Electricity Connected
Sewer Connected
Water Connected
Based on information from UtahRealEstate.com as of 2024-08-30 16:17:04. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.
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