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$1,149,998
Originally listed at $1,150,000
MLS #2125535
Beds
8
Baths
6
Sq Ft
4,158
Lot
0.23 ac
Built
1969
Has view
Home warranty
About this home
This home for sale at 232 N 250 E Orem, UT 84057 has been listed at $1,149,998 and has been on the market for 188 days.
Full 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.
Property highlights
- This is a turn key, low maintenance asset in a highly desirable area. .
- 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. .
- 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. .
- If you are looking for a clean, updated, and easy to manage investment with strong rent performance, this is an excellent option. .
- This well cared for 4-plex has seen over $80,000 in recent capital improvements by licensed contractors. .
- New excellent tenants have been placed since the purchase. .
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Start your searchProperty details
- Property Type
- Residential
- Sub-type
- Quadruplex
- Status
- Active
- Days on Market
- 188
- Bedrooms
- 8
- Bathrooms
- 6
- Year Built
- 1969
- Effective Year
- 1969
- Stories
- 0
- Living Area
- 4,158 sq ft
- Lot Size
- 0.23 acres
- Price/sqft
- $276.57
- Parking Total
- 8.00
- County
- Utah
- City
- Orem
- Subdivision
- NORTH VIEW
- Zoning
- Multi-Family
- Tax Annual
- $3,969
- Preferred Financing
- Cash,Conventional,FHA,VA Loan
- Parcel #
- 47-037-0002
- MLS Area
- Pl Grove; Lindon; Orem
- Listed By
- Selling Salt Lake
Exterior features
- Double Pane Windows
Building & construction
- Roof
- Asphalt
- Construction
- Brick,Frame
Garage & parking
- Parking total
- 8.00
- Open parking
- 8.00
- Covered spaces
- 0.00
- RV parking
- 0.00
- Parking: Uncovered
Land description
- Curb & Gutter
- Fenced: Part
- Road: Paved
- Sidewalks
- Sprinkler: Auto-Part
- View: Mountain
Utilities
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Sewer: Public
- Water Connected
Additional features
View
- Mountain(s)
Window features
- Blinds
Laundry
- Electric Dryer Hookup
Sewer
- Sewer: Connected
- Sewer: Public
Water source
- Culinary
Current use
- Residential
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Neighborhood
Located in NORTH VIEW, Orem.
Walk · Transit · Bike
Some errands can be accomplished on foot. Some transit available. It's convenient to bike for trips.
Price History
Date
Price
Change
Change %
6/10/2026
$1,149,998
$277/sqft
-$1
0.0%
1/21/2026
$1,149,999
$277/sqft
-$1
0.0%
12/4/2025
$1,150,000
$277/sqft
Listed
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Location
Orem, UT · approximate location
Listed by: Kian Torimi · Selling Salt Lake. 801-998-8568.
Source: UtahRealEstate.com.
Information deemed reliable but not guaranteed. All measurements and calculations of area should be independently verified.
Based on information from UtahRealEstate.com as of Jul 7, 2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Publisher's notice: All real estate advertised herein is subject to the Federal Fair Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.
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Orem market context
How this property sits against recent sales in the area.
This listing: $1,149,998 — 132.3% above the median sale price.
Orem market — Residential
What homes are doing.
Latest data through June 2026.
Median sale price
$495,000
-3.9% year over year
Median days on market
13
-6 days year over year
Sale-to-list ratio
97.6%
-1.1pp year over year
Homes sold last month
53
-2 year over year
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