About This Home
This 8-bedroom, 4-bathroom multi-family at 732 E 1500 S in Orem, UT is listed for $925,000 ($269 per sqft). Built in 1968, the home offers 3,444 sqft of living space on a 0.30 acres lot.
Key Features
- Built in 1968
- 0.30 acre lot
- 2 stories
Property Details
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.
Monthly Cost Estimate
$4,947/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
732 E 1500 S
Orem, UT 84097
Property Details
Flooring
Construction
Parking
Heating
Questions & Answers
This 8-bedroom, 4-bathroom multi-family at 732 E 1500 S is listed at $925,000 ($269/sqft). The estimated monthly payment is $4,947 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1968, 0.30 acre lot, 2 stories.
This property is listed by Joshua Spackman and can be reached at 3853097824.
