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Multi-Family Homes for Sale in Springville, Utah
Springville has quietly become one of Utah County's more compelling markets for multi-family buyers, and the reasons aren't hard to see. Sitting at the base of the Wasatch Range about 45 miles south of Salt Lake City and just a few minutes from Provo, Springville's population has grown steadily past 35,000 residents while still holding onto a small-city feel. That growth has kept rental demand strong — Brigham Young University, Utah Valley University, and a growing tech corridor along the I-15 corridor all feed a consistent pool of renters. Duplexes, triplexes, and small apartment buildings here tend to attract owner-occupants who live in one unit and rent out the others, as well as investors building longer-term buy-and-hold portfolios. Property taxes in Utah remain among the lowest in the Intermountain West, which helps cash-flow math look more favorable compared to similar assets in Colorado or Nevada markets.
Multi-family properties in Springville range from older brick duplexes near the historic downtown Art City district to newer construction townhome-style units in developments closer to the 400 South and Main Street corridors. Prices for a duplex typically start in the high $400,000s and can push past $700,000 for a well-maintained fourplex with updated mechanicals. Zoning is a real factor here — Springville City has distinct R-2 and R-3 residential zones, so buyers should confirm current zoning and allowable unit counts before making an offer. Working with an agent familiar with Springville City planning is worth the effort, especially if you have plans to add units or convert existing space. Browse the active listings below to see what's currently on the market.
June 2026 · Springville market
Live from the Utah MLS — what's actually happening in Springville right now.
Median sale
$469,500
16 closed in June 2026
Median DOM
10 days
listing → contract
Sale-to-list
100.8%
of final list price
Unsold inventory
126
active + pending
4 matching · page 1 of 1
Active listings
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Common questions
About multi-family homes in Springville.
What counts as a multi-family home in Springville? ▾
On the Utah County MLS, multi-family typically means duplexes, triplexes, and fourplexes on a single tax parcel. Larger apartment buildings (5+ units) are usually listed as commercial. A legal basement apartment in a single-family home is technically a single-family with an ADU, not multi-family, though some agents cross-list them.
Where in Springville are most duplexes and fourplexes located? ▾
The older multi-family stock clusters west of Main and around 400 South near the historic downtown grid, where zoning has allowed two-unit buildings for decades. Newer fourplex and townhome-style multi-family projects have gone up on the west side near 1400 West and along the Spanish Fork border, closer to I-15 access.
What kind of rents can owners expect in Springville? ▾
Two-bedroom units in Springville generally rent in the $1,300–$1,650 range, with three-bedroom sides of a duplex pushing $1,700–$2,000 depending on garage and finish level. Proximity to UVU in Orem (about 10 minutes north) keeps demand steady from students and young families.
Will an FHA loan work on a Springville duplex or fourplex? ▾
Yes. FHA allows owner-occupied purchases of 2-to-4-unit properties with 3.5% down, and the rental income from the other units can help you qualify. The catch is the self-sufficiency test on three and four-unit buildings, which can be tight at current Utah County prices.
How does Springville City handle rental licensing? ▾
Springville requires a business license for rental properties and participates in a Good Landlord program that can reduce the annual fee if you screen tenants to the city's criteria. Inspections aren't as aggressive as Provo's, but units must meet basic building and life-safety code.
Is inventory usually thin for multi-family here? ▾
Yes — Springville is a smaller market than Provo or Orem, so it's common to see only a handful of true multi-family listings active at any given time. Setting up an MLS alert is the practical way to catch new ones, since well-priced duplexes often go under contract within a week or two.