741 HARRISON, Springville, UT 84663
16BD/—BA Residential in Springville, UT 84663. 6,884 sqft. Built 2026. Listed at $1,870,000. MLS #2146252.
16BD/—BA Residential in Springville, UT 84663. 6,884 sqft. Built 2026. Listed at $1,870,000. MLS #2146252.
$1,870,000
Prime Investor Opportunity Portfolio of Four Brand-New 4-Bed, 3-Bath Townhomes. Acquire all four modern ~1,761 sq ft units with 2-car garages, open-concept layouts, walk-in pantries, dedicated laundry rooms, private balconies, and upgraded finishes. Built in 2026, these low-maintenance townhomes sit in the desirable West Field Central community. Proven rental performance: Identical units in the community are currently renting for $2,350/month, delivering a great cash flow opportunity in a high-demand area. Strong tenant appeal from young families and professionals. Unbeatable location: 1 minute to Nebo School District schools, 2 minutes to Smith's Marketplace, and 3 minutes to I-15 for easy access to Provo, Orem, and Silicon Slopes jobs. This turn-key package offers excellent cash-on-cash returns, built-in appreciation, and portfolio diversification. Ideal 1031 exchange opportunity to defer capital gains while stepping into stable Utah County rental income and long-term equity growth.
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Stories: 2
County
Utah
Zoning
Multi-Family
Construction
Stone,Stucco
Lot Size
0.12 sq ft
MLS #
2146252
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Stories: 2
County
Utah
Zoning
Multi-Family
Construction
Stone,Stucco
Lot Size
0.12 sq ft
MLS #
2146252
List Price
$1,870,000
HOA Fees
$140 / Monthly
Annual Taxes
$8,000
Home Warranty
No
List Price
$1,870,000
HOA Fees
$140 / Monthly
Annual Taxes
$8,000
Home Warranty
No
Heating
Forced Air,>= 95% efficiency
Roof
Asphalt
Flooring
Carpet
Materials
Stone,Stucco
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,>= 95% efficiency
Roof
Asphalt
Flooring
Carpet
Materials
Stone,Stucco
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
8
Covered Spaces
8
Total Parking
8
Garage Spaces
8
Covered Spaces
8
Total Parking
8
Classification
Standard
Deal Score
45/100
vs Market Median
29% above
Area Growth (YoY)
3.6%
Deal Score Breakdown
45/100
3.6% year-over-year ZHVI growth in this area
Priced 29% above the per-subtype city median
STR net cashflow -$8,068/mo (-63.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Not enough comparable listings
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Est. Annual Revenue
$78,008/yr
$284/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$8,068 /mo (−$96,813/yr)
Monthly STR income
Monthly ownership cost
Coverage
52%
Net /mo
−$8,068
DSCR
0.49
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$487,100
+284% vs median
55 days
103
$207,500 – $38,000,000
$8,000
$140/monthly
Low Crime
7.7
per 1,000
16.1
per 1,000
7.5
per 1,000
31.3
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
Select agents you’d like to hear from. They’ll be notified of your interest — your contact details stay private until you choose to respond.

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Daryn Edmunds - High Road Properties

Devin Tanner - Utah Realtor
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Built with AI to help you find your perfect home
Powered by AI • Secured by Supabase • Trusted by Agents