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28 W 300 S, 
Springville, UT 84663

$2,000,000


29

Beds


14

Baths


11,805

Sq Ft


Multi-Family

Active

Listed by

Lisa A Fluty

Homes International

801-921-0719

Last updated:

October 4, 2026, 11:22 AM

MLS#

2189137

Source:

SL

About This Home

28 W 300 S

Do NOT Disturb Tenants. Rare opportunity to own "The Cottages" of Springville, Utah. 100% occupied, 12-unit property conveniently located just off Main Street in the heart of Springville, Utah. Springville is strategically located between southern Provo and Spanish Fork, providing a convenient base for residents who work, study, or spend time in the surrounding area. This parcel consists of 3 duplexes, 6 single family homes, 9 individual garages. 29 total bedrooms, 14 baths. With current gross rents over $11,300 per month, an attractive cap rate, and projected long-term returns, this property is ideally positioned for both immediate cash flow and appreciation. All leases are monthly, except two units, giving the new owner an opportunity to evaluate adjustments as leases allow since rents have not been increased in several years. Buyers should independently verify market rent potentials, garage rent potentials, pet rent potentials and review the current leases. All units come with washer, dryer, refrigerator, range, dishwasher, window AC unit. Excluded items: Tenant personal property including but not limited to all microwaves, all curtain rods and drapes, all ring doorbells, all cameras. Buyer to verify with city all possible uses of this property including but not limited to hotel/motel, short term rental, bed and breakfast Inn all uses are subject to city approval and buyer to verify. Seller has adjacent parcel for sale see MLS #2189099. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.

Home Facts

Multi-Family

14 Baths

29 Bedrooms

Built in 1935

Subdivision & Development:

THE COTTAGES

Price Summary

2,000,000

$169 per Sq. Ft.

MLS #:

2189137

Last Updated:

October 4, 2026, 11:22 AM

Added:

20 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

29

Bathrooms

Total Bathrooms:

14

Interior

Living Area:

11,805 Sq. Ft.


Structure

Structure

Building Area:

11,805 Sq. Ft.

Year Built:

1935


Lot

Lot Size (Sq. Ft):

22,651


Finances & Disclosures

Finances

Price:

$2,000,000

Price per Sq. Ft:

$169 per Sq. Ft.

Source:SL
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.