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$2,100,000
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Property Description
This is an excellent investment opportunity providing significant immediate cashflow. This 12-unit historic apartment building features eleven 1-bedroom units and one studio apartment, as well as 12 large onsite storage units, producing current monthly income of $12,650. Located in the heart of Springville, this property has consistent occupancy history and high rental demand when units become available. This is an opportunity to acquire a stabilized building in a core location with reliable day-one income and straightforward management. Seller is willing to finance 75% of the purchase price at 3.99% for 3 years. Please reach out with inquiries to Stuart Lewis: 801-717-7444.
Full Property Details
Full Property Details for 251 E 300 S
General
- Price: $2,100,000
- Taxes: $7,931
- Status: Active
- Type: Multi-Family
- Source: WFR
- MLS ID: 2151603
- Updated: 6/4/2026
- Added to Site: 67 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 12
Bedrooms
- Total Bedrooms: 12
Location
- Area: Provo; Mamth; Springville
- County: Utah
- Cross Streets: 300
School Information
- Elementary School: None/Other
- Middle School: None/Other
- High School: None/Other
Structural Information
- Architectural Style: Stories: 3
- Square Feet: 8,957
- Living Area: 8,957 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1914
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.6
- Lot Size (Sq. Ft.): 26,136
- Lot Size: .6
Financial Considerations
- Tax Amount: $7,931
Disclosures and Reports
- Property ID: 06-015-0003
Listed by Equity Real Estate (Results)
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Schools
Schools serving 251 E 300 S
School District:Nebo School District
| Name | Grades | Distance |
|---|---|---|
Cherry Creek School 484 South 200 East, Springville, UT 84663 | PK-5 | 0.2 mi |
Springville Jr High School 165 South 700 East, Springville, UT 84663 | 8-9 | 0.4 mi |
Spring Canyon Middle 599 West 700 South, Springville, UT 84663 | 6-7 | 0.9 mi |
Springville High School 1205 East 900 South, Springville, UT 84663 | 10-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 251 E 300 S
Date
Details
Price
Change
Source
4/17/2026
Listed
$2,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 251 E 300 S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,932
31%
$815,595
32%
2024
$6,032
1%
$617,925
1%
2023
$5,966
5%
$611,820
-31%
2021
$5,687
2%
$891,500
58%
2022
$5,599
-2%
$563,860
-34%
2021
$5,687
12%
$849,200
96%
2019
$5,082
10%
$432,465
15%
2018
$4,632
-3%
$376,035
—
2017
$4,795
—
$375,980
2%
2016
$4,779
18%
$367,345
15%
2015
$4,065
14%
$319,440
-15%
2014
$3,557
-18%
$374,000
15%
2013
$4,355
—
$325,215
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 251 E 300 S
251 E 300 S, Springville, UT 84663 (MLS# 2151603) is a Multi-Family property with 12 units containing 12 bedrooms and 0 full bathrooms. 251 E 300 S is currently listed for $2,100,000 and was received on April 17, 2026. Want to learn more about 251 E 300 S? Do you have questions about finding other Multi-Family real estate for sale in Springville? You can browse all Springville real estate or contact a Coldwell Banker agent to request more information.

