345 200, Springville, UT 84663
3BD/—BA Residential in Springville, UT 84663. 2,060 sqft. Built 1940. Listed at $550,000. MLS #2166179.
3BD/—BA Residential in Springville, UT 84663. 2,060 sqft. Built 1940. Listed at $550,000. MLS #2166179.
THIS GEM WON'T LAST. This CHARMING 1940's solid brick home is PERFECT for FIRST-TIME HOMEOWNERS or anyone ready to OFFSET YOUR MORTGAGE with strong rental income making homeownership affordable. OR live in the updated basement apartment and rent the upstairs for a bigger house-hack. Fenced-in deep back yard on a LARGE .24 acre lot. Two-car garage. ORIGINAL hardwood floors and wood-burning fireplace. 1940's archways and built-in cabinets and drawers. Updated kitchen with beautiful island. Big ticket items done: NEW windows (main level) in 2025, NEW basement kitchen in 2024, NEW roof in 2020, NEW Furnace/AC/Water Heater put in in 2017. In 2025, a NEW Reverse Osmosis water system went in, purifying your drinking water. Even a secret gun/storage room. Need four bedrooms? Basement family room is very large and could be used as another bedroom. Detached two-car garage, garden shed, big green backyard, and a darling front sitting area. 12 minutes to BYU but out of busy Provo. Walkable location to Springville's quaint Main Street filled with a Saturday Farmer's Market, the library, parks, stores and restaurants. Photos have been virtually staged to show possibilities. Buyer to verify all information. Listing agent is related to the seller.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family
Construction
Asphalt,Brick
Lot Size
0.24 sq ft
Above Grade Area
1,030 sq ft
Condition
Blt./Standing
MLS #
2166179
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family
Construction
Asphalt,Brick
Lot Size
0.24 sq ft
Above Grade Area
1,030 sq ft
Condition
Blt./Standing
MLS #
2166179
List Price
$550,000
Annual Taxes
$2,134
Home Warranty
No
List Price
$550,000
Annual Taxes
$2,134
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood
Basement
Entrance,Full
Materials
Asphalt,Brick
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood
Basement
Entrance,Full
Materials
Asphalt,Brick
Appliances
Ceiling Fan,Dryer,Microwave,Range Hood,Washer,Water Softener Owned
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
9
Garage Spaces
2
Covered Spaces
2
Total Parking
9
Classification
Standard
Deal Score
45/100
vs Similar Homes
14% above
vs Market Median
22% above
Area Growth (YoY)
4.6%
Deal Score Breakdown
45/100
4.6% year-over-year ZHVI growth in this area
Priced 14% above the median of similar listings
Priced 22% above the per-subtype city median
LT net cashflow -$1,261/mo (-34.3% return on ownership cost) · STR net cashflow -$2,084/mo (-56.8% 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
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
Monthly Rent
$2,740/mo
Range: $1,669 – $3,811
Net Monthly Cash Flow
−$1,261 /mo (−$15,132/yr)
Monthly rental income
Monthly ownership cost
Coverage
75%
Net /mo
−$1,261
DSCR
0.87
Est. Annual Revenue
$27,216/yr
$283/night · 41% occupancy · $114/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$2,083 /mo (−$24,996/yr)
Monthly STR income
Monthly ownership cost
Coverage
62%
Net /mo
−$2,084
DSCR
0.58
School District
Nebo
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$432,000
+27% vs median
42 days
108
$199,500 – $38,000,000
$2,134
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.
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