$885,000
Orem, UT 84058
MLS# 26-271262
Status: Closed
3348 sqft
1 / 29
Property Description
FANTASTIC CORNER LOT!! Located in a prime location in Orem within walking distance to bus stops, grocery stores, restaurants, coffee shops, auto shops etc. making it very convenient for everyone. 3 units have had updates, one just got new paint and new carpet and every unit has had A/C installed in the last few years. 2 units just came available so a buyer could raise the rent if desired. These units are always occupied and rent very easily. Current owner has been receiving $1350 a month per unit making this a solid investment.
Details
Maps
Documents
Contract Info
Original List Price: 915000
Short Sale Status: No
Listing Date: 2026-04-13
Status: Closed
General Prop Info
Realtor.com: Multi-Family
Lot Acres: 0.24
Hot Tub YN: No
Pool Private YN: No
Pool Community YN: No
# of Buildings: 1
# Floors: 2
Elevators: No
HOA Transfer Fee: No
Year Built: 1976
Number of Units: 4
Total SqFt: 3348
Location, Tax & Legal
Total Taxes: 3832
Tax Year: 2025
List Price/SqFt: 264.34
Geo Lat: 40.315986
Geo Lon: -111.700968
List Price: $885,000
Current Price: $885,000
House Number: 225
Street Direction Pfx: W
Street Name: 1030
Street Direction Sfx: N
MLS Area: Outside Area
State/Province: UT
Postal Code: 84058
County: Utah
Tax ID: 36-113-0001
Remarks & Misc
Public Remarks: FANTASTIC CORNER LOT!! Located in a prime location in Orem within walking distance to bus stops, grocery stores, restaurants, coffee shops, auto shops etc. making it very convenient for everyone. 3 units have had updates, one just got new paint and new carpet and every unit has had A/C installed in the last few years. 2 units just came available so a buyer could raise the rent if desired. These units are always occupied and rent very easily. Current owner has been receiving $1350 a month per unit making this a solid investment.
Status Change Info
Sold Price/SqFt: 264.34
Sold Date: 2026-06-12
Under Contract Date: 2026-05-13
Annual Grs Rntl Inc
2 Bedroom Rent: 1400
2 Bedroom Total Rent: 1350
Potential Rental Inc: 65000
Annual Oper Expenses
Real Estate Taxes: 3832
Construction
Brick: 1
Separate Meters
Electric: 1
Gas: 1
Water: 1
Zoning
Multi-Family: 1
Garage/Carport
Carports: 1
Terms of Sale
1031 Exchange: 1
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Roof
Asphalt: 1
Heating
Gas FA: 1
Air Conditioning
Central Air: 1
Showing Instructions
Call Listing Agent: 1
Possession
Subject To Tenant Rights: 1
Property Features
Construction: Brick
Separate Meters: Electric; Gas; Water
Roof: Asphalt
Heating: Gas FA
Air Conditioning: Central Air
Showing Instructions: Call Listing Agent
Zoning: Multi-Family
Terms of Sale: 1031 Exchange; Cash; Conventional; FHA; VA
Possession: Subject To Tenant Rights
LBP disclosure 
Listing Office: Fathom Realty (Orem)
Last Updated: June - 13 - 2026
Information deemed reliable but not guaranteed.