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2480 W 450 S photo 11 / 18

$225,000

2480 W 450 S, Springville, UT 84663

Type

Condo

List Price

$225,000

Price/Sqft

$235

Est Gross Yield

7.1%

$15,876/yr est.

Property Details

Property typeCondo
Year built1997
Total units1
Living area959 sqft
Bedrooms1
Bathrooms1
Lot size0.02 acres
Parking1 spaces
Days on market146
Listed2026-03-05T00:00:00+00:00

Description

One of the least expensive properties with a garage in Utah County! FHA Approved! Discover the perfect blend of functionality and comfort in this well-maintained, spacious 1-bedroom, 1-bathroom main-level condo. - Attached 1-car garage for secure parking and extra storage - Corian countertops and a gas stove/oven for the home chef - Central vacuum system for effortless cleaning - Reverse osmosis water treatment + water softener for high-quality water throughout - Dedicated laundry room with washer & dryer included - Spacious walk-in closet and tons of storage throughout Whether you're starting out, simplifying, or investing, this condo delivers comfort, convenience, and value-all on one easy-access level. If pool access is wanted, can pay other HOA in complex (Brookline) $150 per season, and rent out clubhouse at $25 per use with $100 refundable deposit.

Listed by Brandon Peterson · Summit Realty, Inc.

Location

2480 W 450 S, Springville, UT 84663

Proforma

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Cap Rate

4.69%

Cash-on-Cash

0.04%

Cash Flow

$3/mo

Purchase Price$225,000
Down Payment35% ($78,750)
Interest Rate6.00%
Monthly Rent$1,323/mo
Vacancy5%
Expense Ratio30% ($4,525)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 7/29/2026, 9:11:53 PM. 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. Listing data provided by UtahRealEstate.com.