232 N 250 E , Orem, UT 84057
- $1,149,998
Description
This well cared for 4-plex has seen over $80,000 in recent capital improvements by licensed contractors. Three of the four units were extensively renovated with new stainless steel appliances, luxury vinyl flooring, quartz countertops in the kitchens and bathrooms, stainless steel farmhouse sinks, updated lighting, and fresh paint throughout. All units have AC. Since purchasing the property, the current owner has continued to improve and maintain the building. Recent upgrades include a new washer and dryer, new water heater, a new furnace, electrical updates, plumbing updates, new bath and shower, and refreshed landscaping. New excellent tenants have been placed since the purchase. The property is fully leased to great tenants at a combined rent of $6,100 per month. Units in this location lease in under ten days due to strong demand in Orem. This is a turn key, low maintenance asset in a highly desirable area. If you are looking for a clean, updated, and easy to manage investment with strong rent performance, this is an excellent option.
Address
Open on Google Maps-
Address: 232 N 250 E
-
City: Orem
-
State/county: UT
-
Zip/Postal Code: 84057
-
Country: US
Details
Updated on January 22, 2026 at 6:12 pm-
Property ID 2125535
-
Price $1,149,998
-
Property Size 4158 sqft
-
Land Area 0.23 sqft
-
Bedrooms 8
-
Bathrooms 6
-
Garage Size x x
-
Year Built 1969
-
Property Type Quadruplex, Residential
-
Property Status Active
Additional details
-
Listing Terms Cash,Conventional,FHA,VA Loan
-
Roof Asphalt
-
Utilities Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
-
Sewer Sewer: Connected,Sewer: Public
-
Heating Forced Air,Gas: Central
-
County Utah
-
Property Type Residential
-
Parking Parking: Uncovered
-
Elementary School Sharon
-
Middle School Canyon View
-
High School Orem
-
Architectural Style Stories: 2