1 month on rocket

51 S Main, Nephi, UT, 84648

$850,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
4 Baths
3,582 SqFt
$237/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

51 S Main, Nephi$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingParking: Uncovered
Year Built1893
HeatingElectric, Forced Air
MLS #2029825
Lot Size0.09 Acres
StatusActive

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Up And Down
  • Year Built: 1893
  • Stories: 0
  • Living Area: 3,582 SqFt

Listing Office:

  • Office Name: The Agency Salt Lake City
  • Office Phone: (385) 999-6656
  • Listing Agent: Meadow Perides

Interior Features

Interior Information:

  • Flooring Type: Linoleum
  • Interior: Closet: Walk-In, Video Camera(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Attic Fan, Double Pane Windows

Parking Information:

  • Attached Garage: No
  • Parking: Parking: Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $237/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Nephi, UT.

Med. List Price

$502.4K

Med. Price/SqFt

$187

Avg. Days On Market

96

51 S Main vs Nephi

34 DAYS ON ROCKET

-62 Days

$850,000

+$347.5K More

$237/SqFt

+$50 More

KEY TAKEAWAY

This property is $347.5K more than the Median List Price and $50/SqFt more than other homes in Nephi, UT.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Name: UtahRealEstate.com
  • MLS Number: #2029825

Listing Office:

  • 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 © 2024 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: 11/21/2024, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-195604
3
/10
  • Nebo View School

  • 380 E 200 N

  • 0.44 miles

  • Public District Grades KG-6

school-card-donut-195605
3
/10
  • Red Cliff School

  • 1199 S Main St

  • 1.15 miles

  • Public District Grades PK-6

school-card-donut-195606
5
/10
  • Mona School

  • 260 E 200 S

  • 7.31 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas


Rocket Homes›Utah›Juab County›Nephi›84648›51 S Main

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.

Between September 2024 and October 2024, Nephi, UT real estate market has seen increase in the number of listings by 17.2%. In October 2024 median list price was $502,495 and the average listing age was 96 days.

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

More Resources