RateMyAgentGo to search
Back 551 South Main Street
Off Market

551 South Main Street

Springville UT 84663

4
3
1
2904 sq. ft.
11761.2 sq. ft.
Single-Family
Stephanie HoffeeStephanie Hoffee, last sold this property on 29 May 2026 after 15 days on market.

Overview

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.

Features

4 bedrooms
3 bathrooms
1 carspace
1 carport space
2904 sq. ft. floor area
11761.2 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Springville over the last 12 months, the estimated median property value of 551 South Main Street is $550k.

Median value
$550k
Estimated value range
$550k - $550k
Median days on market
44
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Springville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 551 South Main Street

2026
Sold
Undisclosed
29 May 2026 by Stephanie Hoffee, of Wasatch Mountain Realty
2007
Sold
Undisclosed
28 Jun 2007
2003
Sold
Undisclosed
30 Jun 2003 by Carl Moody, of Mountainland Realty, Inc.

Happy sellers in Springville

90%
90% of sellers in Springville reported that their sale price either exceeded or met their price expectations.

Springville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Springville over the last 12 months.

Local market activity for 4 bedroom single-family properties in Springville

In the last 12 months, 83 four-bedroom single-family properties similar to 551 South Main Street, have been sold.

This represents a 28% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Springville

placeholder
Lori Butterfield

Sellers who recommend Lori Butterfield have praised them for being local expert, clear communication, responsive, friendly, supportive, attentive, and proactive

  •   5   (168 reviews)
  •  5 Reviews in Springville
  •  5 Sales in Springville
View profile
placeholder
Tricia Vanderkooi

Sellers who recommend Tricia Vanderkooi have praised them for being local expert, clear communication, responsive, supportive, reliable, great negotiation, and honest

  •   5   (272 reviews)
  •  2 Reviews in Springville
  •  2 Sales in Springville
View profile
placeholder
Jessica Williams

Jessica Williams is a recommended agent for Springville.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (7 reviews)
  •  1 Review in Springville
  •  3 Sales in Springville
View profile
placeholder
JEAN TANNER

Sellers who recommend JEAN TANNER have praised them for being local expert, clear communication, responsive, reliable, supportive, well-prepared, and detail-oriented

  •   5   (210 reviews)
  •  1 Review in Springville
  •  1 Sale in Springville
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Sales:
(619) 566-0008
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsLicensingSitemap