Property Facts
Multi-family investment opportunity! Come discover this awesome 4-plex in a prime location in the heart of Spanish Fork! It's located conveniently close to the major shopping centers, the new IHC hospital, and both major highways I-15 and Highway 6. This property has been well maintained and managed by the same property manager since it was built! Most tenants have stayed for multiple years keeping very low vacancy rates. Property Details: 4 units, each unit has 2 bedrooms and 1 bath and is approximately 900 sq ft. Washer/dryer hookups located in the second bedroom. There is an additional sink/vanity outside of the bathroom. Each unit includes an additional storage closet on the West side of the building. There is a grass section on the East side of the building and a large parking lot on the West side. All units have similar floor plans with different flooring. Rental/Income Details: The rents have been well below market value due to long-term tenancy. The tenants have signed new leases with increased rates through Dec. 2025. There are separate meters for gas and electricity. The owner pays for landscaping, snow removal, water, sewer, and irrigation. There are plenty of opportunities to increase the profitability of this investment! Contact the listing agent to schedule your showing. Unit 4 is available for showings, bottom right. Please do not disturb the other tenants! All units will be available to see with a reasonable offer. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Property Features
Interior Features
Exterior Features
Other Features
Included in Transaction
Totals
Unit Configuration
Schools
Designated Schools
Nearby Schools
| GreatSchools Rating | School Name | Grades | Distance |
|---|---|---|---|
| Spanish Fork Middle School Public Middle School |
6-7 | 0.48 mi | |
| Park School Public Preschool, Elementary |
PK | 0.41 mi | |
| American Heritage School of Spanish Fork Private Preschool, Elementary, Middle School |
PK | 0.46 mi | |
| Diamond Fork Junior High School Public Middle School, High School |
6-10 | 0.50 mi | |
| Diamond Fork Middle Public Middle School |
6-8 | 0.50 mi | |
| Rees School Public Preschool, Elementary |
PK | 0.76 mi | |
| Larsen School Public Preschool, Elementary |
PK | 0.85 mi | |
| Brockbank School Public Preschool, Elementary |
PK | 0.94 mi | |
| Springville Observation and Assessment (YIC) Public High School |
10-12 | 0.97 mi | |
| Spanish Fork Jr High School Public Middle School |
7-9 | 1.01 mi | |
| Nebo District Preschool, Elementary, Middle School, High School |
1.02 mi | ||
| Spanish Fork High School Public High School |
9-12 | 1.03 mi | |
| Sierra Bonita Elementary School Public Preschool, Elementary |
PK | 1.18 mi | |
| Nebo Technology Center Public High School |
10-12 | 1.30 mi | |
| Landmark High School Public Elementary, Middle School, High School |
K-12 | 1.32 mi |
School data provided by GreatSchools.
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Contact Agent
Cali R Liechty
801-358-4081Listing Broker
KW WESTFIELD
998 N 1200 W
Orem, UT 84057
801-850-5600