$850,000

51 S Main Nephi, UT 84648

$10,000
Closing credit¹
2 beds
4 baths
3,582 sqft
0.09 acres
$237 / sqft
Multi-Family

Property details

About 51 S Main

Prime mixed-use building in the heart of downtown Nephi with exceptional income potential! This versatile property offers multiple opportunities for commercial and residential use. COMMERCIAL SPACE: Situated on the main floor with large street-facing windows on Main Street, this storefront is ideal for a business setup. It features a private bathroom and includes storage or office space. Adjacent to the storefront is an addition commercial space with its own exterior entrance and bathroom, which can either be integrated with the storefront or kept separate for added flexibility. RESIDENTIAL UNITS: Apartment 1: Located on the main floor, this 1-bedroom apartment has a private entrance at the back of the building with a dedicated parking spot. It includes washer/dryer hookups and a spacious bedroom. Apartment 2: On the upper floor, this unit offers an open-concept kitchen, combined living/bedroom area, separate laundry room, and attic storage. It's accessible via stairs or a stair lift, providing convenience for all. Additional Features: The property has both Main Street and alley access, making it highly convenient for tenants and customers. With options for commercial and residential rentals, this building offers significant income potential, whether you rent out all four spaces or create a live/work environment. The seller has made numerous updates, ensuring the property is well-maintained and move-in ready. This is the perfect investment opportunity for those seeking a multi-use property in a prime location!

Highlights

Home typeDuplex
HeatingElectric, Forced Air
StatusActive
Size3,582 sqft
Lot size0.09 Acres
Year built1893
ParkingParking: Uncovered
MLS #2029825

Summary

  • MLS Number: 2029825
  • MLS Name: UtahRealEstate.com
  • Office Name: The Agency Salt Lake City
  • Office Phone: (385) 999-6656
  • Listing Agent: Meadow Perides

IDXBased on information from UtahRealEstate.com 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. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2025 UtahRealEstate.com All rights reserved.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 12:55:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$850,000

51 S Main

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

3

Nebo View Elementary School

Public District KG-5

0.4 mi

380 E 200 N

3

Red Cliffs Elementary School

Public District KG-5

1.2 mi

1199 S Main St

5

Mona Elementary School

Public District KG-5

7.3 mi

260 E 200 S

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,500. The majority of Nephi, UT residents have income between $35k-100k annually. The most common type of family is married, with kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

28%
<35k
65%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

27%
Single, No Kids
10%
Single, with Kids
31%
Married, No Kids
32%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
13%
12-17 yrs old
22%
18-34 yrs old
34%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • MotocrossMotocross
  • Extreme SportsExtreme Sports
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • GameStopGameStop
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • KmartKmart

Where do the neighbors go to eat?

  • SonicSonic
  • Little CaesarsLittle Caesars
  • Bob EvansBob Evans

What do the neighbors drive?

  • JeepJeep
  • ChevroletChevrolet
  • BuickBuick

What do the neighbors listen to?

  • CountryCountry
  • OldiesOldies
  • New CountryNew Country
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 51 S Main in Nephi, UT and zip code 84648. This 3,582 square foot home, which was built in 1893, sits on a 0.09 acre lot. Features: 2 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $850,000.

The inventory of homes for sale in Nephi, UT between January and February 2025 increased by 15%. In February 2025 median list price was $489,499 and the average listing age was 87 days.

From Rocket Homes Real Estate and based on county public records data.

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