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341 E 950 S photo 11 / 56

$975,000

341 E 950 S, Springville, UT 84663

Units

4

Price/Unit

$243,750

Price/Sqft

$272

Est Gross Yield

6.3%

$61,296/yr est.

Property Details

Property typeFourplex
Year built1977
Total units4
Living area3,584 sqft
Bedrooms8
Bathrooms4
Lot size0.19 acres
Parking8 spaces
Days on market8
Listed2026-07-08T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
2BR / 1BA121896
2BR / 1BA121896$1,000/mo
2BR / 1BA121896$1,200/mo
2BR / 1BA121896
Total4843,584$2,200/mo

Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.

Description

Great investment opportunity. Apartments are well maintained and centrally located in Springville. If interested in an owner occupancy set up, FHA guidelines allow for an owner occupied unit. All information, figures, and documentation provided as a courtesy, buyer to verify all information.

Listed by Layne Thompson · KW WESTFIELD

Location

341 E 950 S, Springville, UT 84663

Proforma

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Cap Rate

4.18%

Cash-on-Cash

-1.32%

Cash Flow

-$403/mo

Purchase Price$975,000
Down Payment35% ($341,250)
Interest Rate6.00%
Monthly Rent$5,108/mo
Vacancy5%
Expense Ratio30% ($17,469)

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

DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.

© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 7/16/2026, 6:33:54 AM. 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.