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$399,900 Just Listed
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Property Description
Legal, nonconforming duplex with strong in-place income, long-term tenancy, and immediate upside potential. Upper unit rents for $1,400/month on a month-to-month lease with a tenant in place since 2015, and the lower unit rents for $900/month with a recently renewed lease, both including utilities and internet. Current rents are below market and have not been adjusted in a couple of years, offering an immediate opportunity to increase cash flow. Major system updates have already been completed, including roof (2017), A/C (2019), furnace (2023), full repipe (2024), and basement improvements (2023), providing a solid foundation for long-term ownership. Located on Main Street in Springville, the property benefits from consistent rental demand, high visibility, and convenient access to I-15, Provo/Orem employment hubs, and nearby shops and restaurants, all within a growing South Utah County corridor and at an attractive price per square foot. The property is tenant-occupied and in need of cosmetic updates, presenting a clear value-add opportunity for an investor or owner-occupant looking to offset their mortgage with rental income. Ask about renovation loan options that allow buyers to finance improvements into the purchase and accelerate rental upside. No showings, do not disturb tenants, sold as-is with offer subject to inspection, interior photos and additional information available upon request, proof of funds required prior to release, seller financing not available.
Full Property Details
Full Property Details for 551 S Main St E
General
- Price: $399,900
- Taxes: $2,597
- Status: Active
- Type: Single Family
- Source: WFR
- MLS ID: 2152447
- Updated: Today (4/22/2026)
- Added to Site: Today
Interior
- Interior Features: Bath: Primary, Disposal, Jetted Tub, Kitchen: Second, Mother-in-Law Apt.
- Flooring: Carpet, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Electric Dryer Hookup
Exterior
- Exterior Features: Patio: Covered, Storm Windows
- Porch/Patio/Deck: Covered
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- Total Spaces: 1
Location
- Area: Provo; Mamth; Springville
- County: Utah
- Direction Faces: West
School Information
- Elem School District: Nebo
- Midd School District: Nebo
- High School District: Nebo
- Elementary School: Brookside
- Middle School: Springville Jr
- High School: Springville
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Sewer: Connected, Sewer: Public
- Water: Culinary
- Utility Description: Natural Gas Connected, Sewer Connected, Sewer: Public, Water Connected
Structural Information
- Architectural Style: Rambler/Ranch
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Walk-Out Access
- Roof: Asphalt
- Windows: Blinds
- Stories/Levels: 2
- Square Feet: 2,904
- Living Area: 2,904 Sq. Ft.
- Current Bldg. Use: Single Family
- Year Built: 1948
- Property Condition: Blt./Standing
Lot Features
- Property View: Mountain(s)
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,761.2
- Lot Size: .27
- Landscape: Fruit Trees, Landscaping: Full, Pines
- Topography: Fenced: Part, Road: Paved, Secluded Yard, Terrain, Flat, View: Mountain
- Lot Features: Fenced: Part, Road: Paved, Secluded, View: Mountain
- Trees/Vegetation: Fruit Trees, Landscaping: Full, Pines
Financial Considerations
- Tax Amount: $2,597
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 26-030-0039
Listed by Wasatch Mountain Realty
Get Pre-Approved Today
Schools
Schools serving 551 S Main St E
School District:Nebo School District
| Name | Grades | Distance |
|---|---|---|
Cherry Creek School 484 South 200 East, Springville, UT 84663 | PK-5 | 0.1 mi |
Spring Canyon Middle 599 West 700 South, Springville, UT 84663 | 6-7 | 0.6 mi |
Springville Jr High School 165 South 700 East, Springville, UT 84663 | 8-9 | 0.7 mi |
Springville High School 1205 East 900 South, Springville, UT 84663 | 10-12 | 1.2 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 551 S Main St E
Date
Details
Price
Change
Source
4/22/2026
Listed
$399,900
—
MLS
Disclaimer: Historical sales 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 551 S Main St E
551 S Main St E, Springville, UT 84663 (MLS# 2152447) is a Single Family property with 4 bedrooms and 3 full bathrooms. 551 S Main St E is currently listed for $399,900 and was received on April 22, 2026. Want to learn more about 551 S Main St E? Do you have questions about finding other Single Family real estate for sale in Springville? You can browse all Springville real estate or contact a Coldwell Banker agent to request more information.

