232 N 250 E, Orem, Utah 84057
- $1,095,000
Overview
- Residential
- 8
- 6
- 4160 Sqft
Description
Central Orem 4-plex on a quarter acre, fully occupied with all four units month-to-month. Each unit is 2 bed / 1.5 bath with its own gas meter, power meter, water heater and air conditioning, so tenants pay their own gas and power. Three of the four units have been renovated with quartz counters, farmhouse sinks, new appliances, LVP flooring, updated lighting and paint. Recent building work includes a new furnace, a new water heater, electrical and plumbing updates and refreshed landscaping. The fourth unit has a long-term tenant at $1, 300 a month and original finishes, which leaves room to add value. Current rent is $6, 100 a month (easily potential to increase to $6400+). Eight off-street parking spaces. A marketing brochure and financial package are attached.
Address
Open on Google Maps-
Address: 232 N 250 E, Orem, Utah 84057
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City: Orem
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State/county: UT
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Zip/Postal Code: 84057
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Country: US
Details
Updated on October 6, 2026 at 5:22 am-
Property ID HZ2189188
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Price $1,095,000
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Property Size 4160 Sqft
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Land Area 0.23 Acres
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Bedrooms 8
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Bathrooms 6
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Year Built 1969
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Property Type Residential
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Property Status Active
Additional details
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Listing Terms Cash, Conventional, FHA, VA Loan
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Roof Asphalt
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Utilities Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
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Sewer Sewer: Connected, Sewer: Public
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Heating Forced Air, Gas: Central
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County Utah
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Property Type Residential
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Parking Parking: Uncovered
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Elementary School Sharon
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Middle School Canyon View
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High School Orem
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Architectural Style Stories: 2
Mortgage Calculator
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