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732 E 1500 S, Orem, UT 84097

$925,000
  • 732 E 1500 S, Orem, UT 84097 Main Photo

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New to the Market Active
BEDS8 BATHS SQUARE FEET3,444 MLS#2175563
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLAlpine

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.

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 www.iamluxuryhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Heating: Gas: Central
Home Style: Stories: 2
Lot Size: 0.30 Acres
Roof Type: Asphalt
Taxes: $3,746
Year Built: 1968

Feature Descriptions

Exterior: Brick
Flooring: Carpet, Laminate
Lot Dimensions: 0.0x0.0x0.0
Parcel#: 19-020-0074
Parking: Parking: Uncovered
Parking Notes: Parking: Uncovered
Sewer: Sewer: Connected
Units: 4
Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Water: Culinary

Local Schools

High School: Orem
Middle School: Lakeridge
Elementary School: Centennial
School District: Alpine

Listed By / Shown By

Listed By

Agency Name: Rock Canyon Real Estate LLC
Agency Phone: 801-318-4483

Shown By

Agent Name: LeAl Gill
Agent Phone: Cell: (702) 499-3837
Agency Title: Wardley Real Estate

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Estimated Payment

$ 4,114.83 per month $3,532.87 Principal & Interest $312.17 Property Tax $269.79 Homeowner's Insurance

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