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877 N MAIN ST photo 11 / 19
Single Family

$395,000

877 N MAIN ST, Nephi, UT 84648

Type

SFR

List Price

$395,000

Price/Sqft

$192

Est Gross Yield

5.8%

$23,040/yr est.

Property Details

Property typeSingle Family
Year built1947
Total units1
Living area2,058 sqft
Bedrooms4
Bathrooms2
Lot size0.34 acres
Parking6 spaces
Days on market11
Listed2026-06-12T00:00:00+00:00

Description

Main Street visibility, a large lot, and flexible zoning all come together in this well-positioned all-brick property in the heart of Nephi. Whether you are looking for a comfortable home, a place with business potential, or a property that gives you room to adapt over time, this one offers options. Sitting on .34 acres, the property includes a detached 2-car garage with power, extra parking, and a private backyard that adds both function and breathing room. Major utility updates have already been taken care of, including a new water main from the street, upgraded power main, and exterior breaker box. With combined-use zoning, strong Main Street exposure, and a convenient central location, this is more than just a home. It is a property with flexibility, visibility, and long-term potential.

Listed by Michael Kay · CopperStone Real Estate

Location

877 N MAIN ST, Nephi, UT 84648

Proforma

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Cap Rate

3.88%

Cash-on-Cash

-2.13%

Cash Flow

-$263/mo

Purchase Price$395,000
Down Payment35% ($138,250)
Interest Rate6.00%
Monthly Rent$1,920/mo
Vacancy5%
Expense Ratio30% ($6,566)

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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 6/23/2026, 4:05:58 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.