$1,150,000

232 N 250 E, Orem, UT 84057

  • 8 beds |
  • 6 baths |
  • 4,158 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1969
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $277/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

This well cared for 4-plex has seen over $80,000 in recent capital improvements by licensed contractors. Three of the four units were extensively renovated with new stainless steel appliances, luxury vinyl flooring, quartz countertops in the kitchens and bathrooms, stainless steel farmhouse sinks, updated lighting, and fresh paint throughout. All units have AC. Since purchasing the property, the current owner has continued to improve and maintain the building. Recent upgrades include a new washer and dryer, new water heater, a new furnace, electrical updates, plumbing updates, new bath and shower, and refreshed landscaping. New excellent tenants have been placed since the purchase. The property is fully leased to great tenants at a combined rent of $6,100 per month. Units in this location lease in under ten days due to strong demand in Orem. This is a turn key, low maintenance asset in a highly desirable area. If you are looking for a clean, updated, and easy to manage investment with strong rent performance, this is an excellent option.

Listing Status:
Active
Date Added:
December 4, 2025 at 07:00AM
Listing Office:
Selling Salt Lake : 801-792-2010
Listing Agent:
Kian Torimi : 435-200-5791
MLS ID:
2125535
  • Laundry: Electric Dryer Hookup
  • Heating: Forced AirGas: Central
  • Disability Feature: Accessible DoorsAccessible Hallway(s)
  • General: Double Pane Windows
  • Style: Stories: 2
  • Parking: Parking: UncoveredParking spaces: 8
  • Roofing: Asphalt
  • Windows: Blinds
  • General: Blt./Standing
  • Originating MLS: UtahRealEstate.com
  • School District: Alpine
  • County: Utah
  • Topography: Curb & GutterFenced: PartRoad: PavedSidewalksSprinkler: Auto-PartTerrainFlatView: Mountain
  • Landscaping: Landscaping: Full
  • Zoning: Multi-Family47-037-0002
  • View: Mountain(s)View
  • Current Use: Residential
  • Utilities: Natural Gas ConnectedElectricity ConnectedSewer ConnectedSewer: PublicWater Connected
  • Water: Culinary
  • Sewer: Sewer: ConnectedSewer: Public
  • Source: UtahRealEstate.com

This listing courtesy of Kian Torimi, Selling Salt Lake

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sharon Elementary

525 N 400 E, Orem, UT, 84097

Grades PK-6

0.40 miles away

C

Canyon View Junior High

625 E 950 N, Orem, UT, 84097

Grades 7-9

1.10 miles away

O

Orem High School

175 S 400 E, Orem, UT, 84097

Grades 10-12

0.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.