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    Mapleton, UT Spanish Fork, UT Provo, UT Palmyra, UT Benjamin, UT Salem, UT Orem, UT Lake Shore, UT
    Historic 12-Unit Apartment Building
    Updated: Apr 12
    Historic 12-Unit Apartment Building

    251 E 300 S, Springville, UT 84663

    $2,100,000
    8,957 sqft 0.60 AC lot
    12‑unit historic apartment building built in 1914
    Unit mix includes eleven 1‑bedroom units and one studio apartment
    Current monthly income of $12,650 with consistent occupancy history
    Includes 12 large onsite storage units
    Seller is willing to finance 75% of the purchase price at 3.99% for 3 years
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    This listing looks promising.

    Here's a quick look at some key insights for

    251 E 300 S, Springville, UT 84663

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    • Est. Cap Rate

      3.6%
      NOI ÷ price

    • Est. NOI

      $76K
      Annual

    • Price @ 7% Cap

      $1.09M
      Suggested

    • Property Type

      Multi-Family Dwellings
      Built 1914
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Springville, UT, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    21-Unit Apartment Complex in Provo
    21-Unit Apartment Complex in Provo

    460 E 200 S, Provo, UT 84606

    $4,400,000
    14,994 sqft 0.46 AC lot

    Well-maintained apartment complex near BYU with income potential.

    View details
    Winchester Townhome Multifamily Property
    Winchester Townhome Multifamily Property

    6563 S LOVENDAHLE Ct, Murray, UT 84107

    $4,200,000
    18,559 sqft 0.84 AC lot

    11-unit fully occupied townhome asset with covered parking, private outdoor space, and modern 2010-built interiors.

    View details
    Renovated Multifamily Property in Murray
    Renovated Multifamily Property in Murray

    404 E 5600 S, Murray, UT 84107

    $9,500,000
    38,374 sqft 2.60 AC lot

    Newly renovated 39-unit multifamily property in the heart of Murray, Utah.

    View details
    Provo Multifamily Investment Opportunity
    Provo Multifamily Investment Opportunity

    2030 Nevada Cir, Provo, UT 84606

    $1,225,000

    Six-unit multifamily community in Provo, near BYU.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Pahrump Land Investment Opportunity
    Pahrump Land Investment Opportunity

    2001 Casino Street, Pahrump, NV 89048

    Contact for pricing
    0.31 AC lot

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    View details
    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

    View details
    San Jacinto Land with Utilities
    San Jacinto Land with Utilities

    Rosario, San Jacinto, CA 92583

    $155,000
    0.33 AC lot

    Unique lot with utilities available for multiple residential uses.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    2+ acres of commercially zoned land with freeway exposure.

    View details

    Springville, UT Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Springville, UT on our real estate platform. These investment opportunities span a total of 8,957 square feet of properties for sale, with an estimated market value of $2,100,000.

    Sale prices for two-family homes in Springville, UT start at $2,100,000, averaging $2,100,000, and reaching up to $2,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 48K
    Population Growth (5Y) +19.6%
    Median Household Income $98,883
    College Educated 63.2%

    High-Yield Neighborhoods for Investment

    Identify Springville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    84663 $2.1M

    Taxes & Financing

    Tax Rate (average for all types) 0.97%
    Property Tax per SF $8.75 per SF
    Tax Rate vs County Average 0.12 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Utah County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Springville fall within the 25,000 to 50,000 square foot range.

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