232 N 250 E
Orem, UT 84057
$1,095,000
- 8
- Beds
- 6
- Baths
- 4,160
- Sq ft
- 0.23
- Acres
About this home
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.
Details
- Property type
- Quadruplex
- Year built
- 1969
- Lot
- 0.23 acres
- Stories
- 0
- Taxes
- $3, 969 / yr
- Heating
- Forced Air, Gas: Central
- Roof
- Asphalt
- Construction
- Brick, Frame
- Subdivision
- NORTH VIEW
- County
- Utah
- MLS #
- 2189188
- On market
- 243 days
Features
Exterior
Double Pane Windows
Parking
Parking: Uncovered
Schools
Elementary
Sharon
Alpine District
Middle
Canyon View
Alpine District
High
Orem
Alpine District
School assignments come from the listing. Check with the district before you rely on them.
Listing history
On the market
Oct 5, 2026
Listed$1,095,000
Oct 3, 2026
From the MLS. List prices only.
Listing courtesy of Selling Salt Lake, Kian Torimi. Information from the Utah Real Estate MLS (UtahRealEstate.com), deemed reliable but not guaranteed. Buyers should verify all details.