Duplex with Basement
For Sale
$1,280,000
626 E 800 S, Springville, UT 84663
Spacious main residence includes a separate one-bedroom, one-bathroom basement apartment with dedicated RV parking.
Property Size6,085 SF
Price / SF$210.35
Days on Market48
Property Features for 626 E 800 S
General Information
Standard status
Active
Size
6,085 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR, 1 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
2026
Buildings
1
Listing Agency:
Berkshire Hathaway Homeservices Elite Real Estate
Listed By:
Midway Utah Real Estate Team
(435) 640-7231
Source:
Midwayutahrealestate
Added: Sep 11
Changed: Oct 27
Last Checked: Oct 26 at 3:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway Homeservices Elite Real Estate
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Investment Insights
Based on property information with market context.
Located at 626 E 800 S in Springville, this duplex offering includes two twinhomes, with each side associated with its own listing and parcel number. The property is identified with a 2026 year built.
Each twinhome combines a three-bedroom main residence with a one-bedroom, one-bathroom basement apartment. The primary living areas are described as spacious and functionally arranged, while the basement apartment includes its own RV pad for parking. Rental, occupancy, and use terms require verification with the City as part of the buyer’s due diligence.
Each twinhome combines a three-bedroom main residence with a one-bedroom, one-bathroom basement apartment. The primary living areas are described as spacious and functionally arranged, while the basement apartment includes its own RV pad for parking. Rental, occupancy, and use terms require verification with the City as part of the buyer’s due diligence.
Key Highlights
- Two twinhomes available, with each side tied to a separate listing and parcel number
- Each main residence includes 3 bedrooms
- Each twinhome has a 1‑bedroom, 1‑bathroom basement apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,136
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,122,720
$1.1M
Cap Rate 7%
$801,943
$801.9K
Cap Rate 9%
$623,733
$623.7K
Market Conditions
NOI Build-Up for 6,085 SF
Gross rent
$84.0K $13.80/SF
− Vacancy
−$3.8K −$0.62/SF
EGI
$80.2K $13.18/SF
− OpEx
−$24.1K −$3.95/SF
NOI
$56.1K $9.23/SF
Area
Utah County, UT
Vacancy
4.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,122,720
Cap Rate 7%
$801,943
Cap Rate 9%
$623,733
Alternative Uses
Best Use
Multifamily LT 5
$801.9K
$701.7K – $935.6K
NOI $56,136 @ 7.0% cap · market cap 4.39%
Second Best
Apartment 5plus
$737.4K
$645.2K – $860.3K
NOI $51,615 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,416 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
246
Businesses Nearby
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Business Placement
Demographics for 84663, UT
35,647
Population
11,025
Households
3.2
Avg Household Size
29
Median Age
39%
College-Educated
95%
High-School Grad
109.7 sq mi
ZIP Area
325
Density / Sq Mi
$88,919
Median Household Income
$39,439
Median Earnings
$1,475
Median Rent
$430,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Spacious main residence includes a separate one-bedroom, one-bathroom basement apartment with dedicated RV parking.
Where is this duplex located?
The property is located at 626 E 800 S Springville, UT.
What is the asking price?
The asking price for this property is $1,280,000.
What are key features of this property?
This property features: Two twinhomes available, with each side tied to a separate listing and parcel number; Each main residence includes 3 bedrooms; Each twinhome has a 1‑bedroom, 1‑bathroom basement apartment
