$925,000

732 E 1500 S, Orem, UT 84097

8 beds |
4 baths |
3,444 sqft

Multi-Family Home
Built in 1968
0.3acre lot
—— car garage
$269/sqft
Listed 14 days ago

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.

Listing Status:: Active
Date Added:: July 28, 2026
Data Last Updated:: August 11, 2026 at 7:42AM
Listing Office:: Rock Canyon Real Estate LLC : 801-318-4483
Listing Agent:: Joshua Spackman : 385-309-7824
Contact:: 801-318-4483
MLS ID:: 2175563

Flooring: CarpetLaminate
Heating: Gas: Central

Style: Stories: 2
Parking: Parking: UncoveredParking spaces: 0

Roofing: Asphalt
General: Blt./Standing

Originating MLS: UtahRealEstate.com
School District: Alpine
County: Utah

Zoning: Multi-Family19-020-0074
Current Use: Residential

Utilities: Natural Gas ConnectedElectricity ConnectedSewer ConnectedWater Connected
Water: Culinary
Sewer: Sewer: Connected

Source: UtahRealEstate.com

This listing courtesy of Joshua Spackman , Rock Canyon Real Estate LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
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