Selling Salt LakeSelling Salt Lake
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Active

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

  1. On the market

    Oct 5, 2026

  2. 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.