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Originally listed at $930,000
MLS #2145361
This home for sale at 625 S 200 E Springville, UT 84663 has been listed at $899,500 and has been on the market for 36 days.
MUST-SEE investment opportunity in the heart of Springville! Where else can you find two duplexes, a private cottage, a four-bay garage, and a workshop with full attic storage all on one property? Located just minutes from the freeway and nearly adjacent to an elementary school, this unique multi-unit property offers strong rental appeal. Duplex #1 at 615 S includes Unit A with an upstairs and partial basement totaling 4 bedrooms and 1 bathroom, along with Unit B, a 1-bedroom, 1-bathroom basement unit. Duplex #2 at 625 S includes Unit A with 3 bedrooms and 1 bathroom upstairs along with Unit B, a 1-bedroom, 1-bathroom basement unit. The property also includes a separate cottage at 623 S offering 1 bedroom and 1 bathroom. Additional features include a four-bay garage and a dedicated workshop with attic storage, providing excellent functionality and value. No seller financing will be considered, and the property is not eligible for traditional residential financing. This is a rare opportunity to own a versatile, income-producing property in a prime location. Recent updates have been completed throughout multiple units, including at 625 S where improvements feature a new roof, updated wiring, some new plumbing, a stacked washer and dryer, fresh paint throughout, new laminate flooring, a new range, and added window coverings. The 625 basement unit also includes updated wiring and new light fixtures. The cottage at 623 S has been significantly updated with all new wiring, a new AC unit, fresh paint, LVP flooring, a tankless water heater, and a new sewer line. At 615 S, the basement unit includes a new kitchen counter and sink. The property also features a new driveway, adding to the overall functionality and value. The current rent is $6,000/month which is $72,000/year, there is potential for more. Landlord pays water and sewer, averaging about $290 per month, while tenants are responsible for electricity and gas.
Some errands can be accomplished on foot. Some transit available. It's convenient to use a bike for a few trips.
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Springville, UT · approximate location
Listed by: Drew Armstrong · UtahRealEstate.Net. 801-636-3739.
Source: UtahRealEstate.com.
Information deemed reliable but not guaranteed. All measurements and calculations of area should be independently verified.
Based on information from UtahRealEstate.com as of May 19, 2026. 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. 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.
Publisher's notice: All real estate advertised herein is subject to the Federal Fair 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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How this property sits against recent sales in the area.
This listing: $899,500 — 172.6% above the median sale price.
Springville market — Residential
Latest data through April 2026.
Median sale price
$330,000
-32.2% year over year
Median days on market
68
+20 days year over year
Sale-to-list ratio
93.2%
-4.39pp year over year
Homes sold last month
3
-14 year over year
