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.
Listed By
Agency Name: Rock Canyon Real Estate LLC
Agency Phone: 801-318-4483
Shown By
Agent Name: Benjohn Pangilinan
Agent Phone: (702) 256-4900
Agency Title: Wardley Real Estate
Estimated Payment
$ 4,114.83 per month $3,532.87 Principal & Interest $312.17 Property Tax $269.79 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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732 E 1500 S | MLS# 2175563
This multi-family property located at 732 E 1500 S, Orem, UT 84097 is currently listed for sale with an asking price of $925,000. E 1500 S is located within the Alpine school district. Search Orem real estate on benpangilinan.wardleyre.com today.