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Seller is motivated and has reduced the price. Making this rare opportunity more affordable 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.

  • Bedrooms
    29
  • Year Built
    1935
  • Construction Materials
    Stucco, Brick
  • Garage Spaces
    9.0
  • Parking Features
    Detached, Covered
  • Living Area
    11805.0
  • Appliances
    Dryer, Dishwasher, Refrigerator, Washer, Range, Oven
  • Flooring
    Tile, Carpet
  • Patio And Porch
    Patio, Porch
  • Cooling
    None
  • Heating
    Radiant

  • Acres
    0.52
  • View
    Mountain(s)
  • Utilities
    Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

  • Area
    Provo; Mamth; Springville
  • County
    Utah
  • City
    Springville
  • Neighborhood
    THE COTTAGES
  • Zip Code
    84663
  • High School
    Springville
  • Elementary School
    Westside

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Frequently Asked Questions

How do I schedule a tour of 28 W 300?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 28 W 300.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 28 W 300?

Click Ask a Question to talk with our team. You already know it is a 29 bed, N/A bath, listed for $1,700,000. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Springville, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 28 W 300?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 28 W 300 at around $10,370. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 28 W 300?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Utah County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 28 W 300?

In most cases, yes. Whether 28 W 300 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Springville's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 28 W 300?

We can handle that for you. Our preferred local agent specializes in residentials in Springville and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,700,000 with 11,805 sqft of space—that comes out to approximately $144 per square foot.

How long has this property been on the market?

28 W 300 was listed on September 14, 2026, which means it's been on the market for 56 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1935, making it approximately 91 years old.

What is the lot size of this property?

28 W 300 sits on a 0.52-acre lot, which is 22,651 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Westside
  • High: Springville

Want to see how these schools compare? Check out our Utah County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 28 W 300?

The most recent public record shows annual property taxes for 28 W 300 were approximately $8,345. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 28 W 300 still available for sale?

This home is under contract, but may still accept backup offers. Click ♥ to track updates or connect with our local expert to see if it's still worth pursuing.

Source: ez Home Search, MLS Data

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of November 09, 2026 at 12:40AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: November 09, 2026 at 12:40AM | Source: UtahRealEstatecom | MLS#: 2189137