PROPERTY DETAILS
About This Property
This home for sale at 551 S MAIN ST Springville, UT 84663 has been listed at $399,900 and has been on the market for 1 day.
Full 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.
Property Highlights
- Legal, nonconforming duplex with strong in-place income, long-term tenancy, and immediate upside potential. .
- Current rents are below market and have not been adjusted in a couple of years, offering an immediate opportunity to increase cash flow. .
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General Information
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Price
$399,900
-
Days on Market
1
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Area
Provo; Mamth; Springville
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Total Bedrooms
4
-
Total Bathrooms
3
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House Size
2904 Sq Ft
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Address
551 S MAIN ST Springville, UT 84663
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Listed By
Wasatch Mountain Realty
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HOA
NO
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Lot Size
0.27
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Price/sqft
137.71
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Year Built
1948
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MLS
2152447
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Status
Active
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City
-
Term Of Sale
Cash,Conventional
Interior Features
- Bath: Primary
- Disposal
- Jetted Tub
- Kitchen: Second
- Mother-in-Law Apt.
Exterior Features
- Patio: Covered
- Storm Windows
Building and Construction
- Roof: Asphalt
- Exterior: Patio: Covered,Storm Windows
- Construction: Brick
- Foundation Basement:
Garage and Parking
- Garage Type: No
- Garage Spaces: 0
- Carport: 1
Heating and Cooling
- Air Condition: Central Air
- Heating: Forced Air
Land Description
- Fenced: Part
- Road: Paved
- Secluded Yard
- Terrain
- Flat
- View: Mountain
Price History
Apr 22, 2026
$399,900
Just Listed
$137.71/sqft
Mortgage Calculator
Estimated Monthly Payment
$0
Principal & Interest
$0
Property Tax (est)
$0
Home Insurance
$0
Loan Amount:
$0
Total Interest Paid:
$0
Total Amount Paid:
$0
Other Property Info
- Area: Provo; Mamth; Springville
- Zoning: Single-Family, Multi-Family, Commercial
- State: UT
- County: Utah
- This listing is courtesy of:: Stephanie Hoffee Wasatch Mountain Realty.
801-571-5001.
Utilities
Natural Gas Connected
Sewer Connected
Sewer: Public
Water Connected
Based on information from UtahRealEstate.com as of 2026-04-22 11:56:42. 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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