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Jaimi Payne

homesbyjaimi@gmail.com +1(435) 359-3356

$ 2,299,500

Est. payment | -/mo

24 Beds

16 Baths

10,080 SqFt

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$ 2,299,500

Est. payment | -/mo

Save

24 Beds

16 Baths

10,080 SqFt

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 10,080 sqft

Price per Sqft $228

MLS Listing ID 2178746

Style Side By Side

Bedrooms 24

Construction Status Blt./Standing

HOA Y/N No

Year Built 2003

Annual Tax Amount $9,800

Lot Size 0.810 Acres

Acres 0.81

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

Rare opportunity to acquire four well-maintained duplexes (8 total units) in a single investment offering in desirable Spanish Fork, Utah. Built in 2003, this turnkey property features eight spacious 3-bedroom, 2-bath units (1,260 SF each) and is 100% occupied with quality, long-term tenants. Current rents under market, providing excellent upside potential for future income growth. Tenants pay individually metered utilities and trash, while ownership benefits from a simple, well-maintained operation. The property offers covered parking, ample additional parking, common drive access, and a history of strong occupancy with no known deferred maintenance. Conveniently located near I-15, shopping, schools, and employment centers, this is an exceptional opportunity for investors seeking stable cash flow, long-term appreciation, and a rare portfolio acquisition in one of Utah County's strongest rental markets. All four duplexes are being sold together as one portfolio on a single tax parcel. Please do not contact the amazing tenants. Broker has all needed info to share, call with any questions or requests.

Location

State UT

County Utah

Area Sp Fork; Mapleton; Benjamin

Zoning Multi-Family

Interior

Interior Features Disposal

Heating Forced Air, Gas: Central

Flooring Carpet, Linoleum

Fireplace No

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Bay Box Windows, Double Pane Windows, Walkout, Patio: Open

Carport Spaces 10

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected

View Y/N Yes

View Mountain(s)

Roof Type Asphalt

Present Use Residential

Topography Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain

Porch Patio: Open

Total Parking Spaces 22

Private Pool No

Building

Lot Description Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto-Full, View: Mountain

Faces East

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Architectural Style Side By Side

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Rees

Middle Schools Spanish Fork Jr

High Schools Spanish Fork

School District Nebo

Others

Senior Community No

Tax ID 27-017-0190

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Tab Real Estate Inc.

“The Elite Real Estate Group is here to help you navigate your real estate transaction and provide you with the luxury experience that you deserve.”

+1(435) 359-3356

homesbyjaimi@gmail.com

20 E. 1000 S., Richfield, Utah 84701

457 N 900 E Spanish Fork, UT 84660

Jaimi Payne

Key Details

Location

Interior

Exterior

Building

Schools

Others

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