232 N 250 E, Orem, UT 84057
Local realty services provided by:ERA Realty Center
232 N 250 E,Orem, UT 84057
$1,150,000
- 8 Beds
- 6 Baths
- 4,158 sq. ft.
- Multi-family
- Active
Listed by: kian torimi
Office: selling salt lake
MLS#:2125535
Source:SL
Price summary
- Price:$1,150,000
- Price per sq. ft.:$276.58
About this home
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.
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Home facts
- Year built:1969
- Listing ID #:2125535
- Added:12 day(s) ago
- Updated:December 17, 2025 at 03:02 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
- Living area:4,158 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas: Central
Structure and exterior
- Roof:Asphalt
- Year built:1969
- Building area:4,158 sq. ft.
- Lot area:0.23 Acres
Schools
- High school:Orem
- Middle school:Canyon View
- Elementary school:Sharon
Utilities
- Water:Culinary, Water Connected
- Sewer:Sewer Connected, Sewer: Connected, Sewer: Public
Finances and disclosures
- Price:$1,150,000
- Price per sq. ft.:$276.58
- Tax amount:$3,969
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