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682 E 300 S, Spanish Fork, UT, 84660
Duplex with New Roof and Furnaces

682 E 300 S Spanish Fork, UT 84660

For Sale
$500,000

MULTI_FAMILY - Other - Spanish Fork, UT

Property Size1,998 SF
Lot Size0.22 Acres
Price / SF$250.25
Days on Market50

Property Features for 682 E 300 S

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Multi-Family
Bedrooms 4
Bathrooms 4
Rooms Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 4, Bathroom 2, Bedroom 2, Bathroom 3
Parking 4
Parking features Covered, RV
Window features Blinds
Patio and Porch features Patio
Interior features Disposal, Kitchen: Updated, Range/Oven: Free Stdng., Dishwasher: Built-In
Exterior features Double Pane Windows, Storm Doors, Patio: Open
Standard status Active
APN 07-002-0001
Size 1,998 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Annual Amount 2408

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas, Central

Building Details

Year built 1974
Number of units 2
Flooring type Carpet, Tile
Building materials Aluminum
Roof type Asphalt
Architectural style Other
Listing Agency: Equity Real Estate (Utah)
Listed By: Kenny Parcell · License #5469176-BB00
Added: Jun 9 Changed: Jul 17 Last Checked: Jul 28 at 7:06AM
MLS# 2163943

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Investment Insights

Based on property information with market context.

This duplex offers two residential units, each featuring two bedrooms and one and a half bathrooms. The property has had recent updates including a newer roof and newer furnaces. Storage is built into the setup as well, with a 12x12 storage shed provided for each unit, offering convenient off-home space for tenant or household use.

Located at 682 E 300 S in Spanish Fork, Utah (84660), the property sits on a 0.22-acre lot and totals 1,998 square feet. The property is zoned for multi-family use, aligning with its duplex configuration.

For buyers seeking a multi-family residential property, this duplex provides a clear, repeatable unit layout with dedicated bedroom and bathroom space in both units. The combination of newer mechanicals and shared exterior durability (through the newer roof) can help reduce near-term maintenance concerns, while the included storage sheds add practical utility for day-to-day living. The multi-family zoning supports continued duplex use under the current configuration.

Key Highlights

  • Duplex built in 1974 with forced‑air, central heating using natural gas
  • Updated kitchens with built‑in dishwasher, free‑standing range/oven, and disposal
  • Double‑pane windows plus storm doors

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $27.6k $13.80
− Vacancy −$1.2k −$0.62
EGI $26.3k $13.18
− OpEx −$7.9k −$3.95
NOI $18.4k $9.23
1,998 SF · lease $13.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$263.3K
$230.4K – $307.2K (±1% cap)
NOI $18,432 @ 7.0% cap · market cap 3.69%
Second Best
Apartment 5plus
$242.1K
$211.9K – $282.5K (±1% cap)
NOI $16,948 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$550.8K
$481.9K – $642.6K (±1% cap)
NOI $38,553 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Restaurant Pharmacy Real Estate Agency Building Supply Grocery & Convenience Store

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom duplex with newer roof and furnaces, each unit includes a 12x12 storage shed.
Where is this duplex located?
The property is located at 682 E 300 S Spanish Fork, UT.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Duplex built in 1974 with forced‑air, central heating using natural gas; Updated kitchens with built‑in dishwasher, free‑standing range/oven, and disposal; Double‑pane windows plus storm doors
More about this property
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