732 E 1500 S, Orem, UT 84097

$925,000
8
BD
4
BA
3,444
SqFt

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List Price
$925,000
Status
ACTIVE
MLS#
2175563
Days on Market
3
Year Built
1968
Bedrooms
8
Bathrooms
4
Square Feet
3,444
Parcel Number
19-020-0074
Acres
0.30
Terms
Cash, Conventional, FHA, VA Loan
County
Utah
Region
Pl Grove; Lindon; Orem

Property Description

Well-maintained, fully leased fourplex in a highly desirable Orem rental location. Each of the four units offers 861 square feet with 2 bedrooms and 1 bathroom, including washer and dryer hookups. All units have central A/C (installed in 2023) and forced-air heating. The property has numerous capital improvements, including a new roof, siding, fascia, and rain gutters completed in 2013. Units 732, 734, and 736 were updated with cabinets, new sinks, and dishwashers, while several units also feature laminate flooring and other interior improvements. Situated on a deep 0.304-acre lot, the property offers additional outdoor space and long-term potential. Current monthly rental income is $4,850, with rents of $1,250, $1,250, $1,250, and $1,100 (month-to-month). Tenants pay their own gas and electricity, while the owner pays water, sewer, and trash. Ideally located adjacent to University Place Mall and within 10 minutes of UVU, BYU, and I-15, this property provides stable in-place income in one of Orem's strongest rental markets. Square footage figures are provided as a courtesy estimate only and were obtained from the county records. Buyer is advised to obtain an independent measurement.

Additional Information

Taxes
$3,746
Floor
Carpet, Laminate
Heating
Gas: Central
Roof
Asphalt
School District
Alpine
Elementary School
Centennial
Middle School
Lakeridge
High School
Orem
Style
Stories: 2
Living Area
3,444

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Calculator source: Real Geeks

Listing courtesy of Rock Canyon Real Estate LLC.

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