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732 E 1500 S

Orem, UT 84097

Stories: 2

Orem, UT 84097

732 E 1500 S

$925,000

MLS#: 2175563

Status: Active

Listing provided by: Rock Canyon Real Estate LLC

Listing agent phone: None

Last update: 23 hours ago

New on site 1 day ago

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About

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.

Property

Beds

8

Full Baths

None

1/2 Baths

None

Year Built

1968

Sq.Footage

3,444

Features

Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.3

  • Lot Size(square feet)

    13,068

  • Property Type

    Residential

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Stories: 2

Price

  • Sales Price

    $925,000

  • Tax Amount

    $3,746

  • Sq. Footage

    3,444

  • Price/SqFt

    $268

HOA

  • Association

    No

Property Resources

  • Horse Property

    NO

School District

  • Elementary School

    Alpine

  • Middle School

    Lakeridge

  • High School

    Orem

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

Schedule

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Location

  • County

    Utah

  • Elementary School

    Alpine

  • Middle School

    Lakeridge

  • High School

    Orem

Listing Courtesy of Joshua Spackman , Rock Canyon Real Estate LLC

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Agent Summer Luke

Summer Luke

Principal Broker | Realtor®

Call Summer today to schedule a private showing.

Phone (801) 882-3300

Email Summer@OnXrealty.com


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732 E 1500 S

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