732 E 1500 S, Orem, Utah 84097
  • $925,000

Overview

Property ID: HZ2175563
  • Residential
  • Property Type
  • 8
  • Bedrooms
  • 4
  • Bathrooms
  • 3444 Sqft
  • Area Size

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.

  • Address: 732 E 1500 S, Orem, Utah 84097
  • City: Orem
  • State/county: UT
  • Zip/Postal Code: 84097
  • Country: US

Details

Updated on July 30, 2026 at 11:44 pm
  • Property ID HZ2175563
  • Price $925,000
  • Property Size 3444 Sqft
  • Land Area 0.3 Acres
  • Bedrooms 8
  • Bathrooms 4
  • Year Built 1968
  • Property Type Residential
  • Property Status Active

Additional details

  • Listing Terms Cash, Conventional, FHA, VA Loan
  • Roof Asphalt
  • Utilities Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
  • Sewer Sewer: Connected
  • Heating Gas: Central
  • Flooring Carpet, Laminate
  • County Utah
  • Property Type Residential
  • Parking Parking: Uncovered
  • Elementary School Centennial
  • Middle School Lakeridge
  • High School Orem
  • Architectural Style Stories: 2

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