840 E 1550
Orem, UT 84097
16
Bed
12
Bath
8,272Sqft
0.27Acre(Lot)
Fantastic investment opportunity in a corridor with very strong rentability for similar units - Excellent location just minutes from UVU, Frontrunner, the University mall, etc. There are two 4-plex properties for sale, side-by-side, and the seller will only sell both together as a package to one buyer. Both roofs were fully replaced in 2024. The owner is a sweet older lady. She has not kept rents "at market" because she has felt bad raising rents or has given discounts for other reasons. Some tenants have been in the property for over 10 years. Some are related to the owner. Conservative pro-forma rents are $1,250/mo for 7 of the units, and $1,350 for the one that has been remodeled (See marketing brochure) - Total of $121,200 Gross Income Potential once all 8 units re-tenanted. All leases
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 16Bathroom Information
Total Baths: 12 -
Flooring Information
Carpet, Laminate, Tile -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt Appliances: Oven, Range, Refrigerator Laundry Features: Electric Dryer Hookup -
Heating & Cooling
Has Heating: Yes Heating: Central, Natural Gas Cooling: None
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Building Information
Year Built: 1968 Building Area Total: 8272 Construction Materials: Cedar, Stucco Frontage Length: 0.0 Private Pool: No View: Mountain(s)
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Lot Information
Lot Dimensions: 0.0x0.0x0.0 Main Square Feet: 0.27 Acres Lot Size Acres: 0.27 Lot Size Square Feet: 11761.2
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Listing Price Information
Listing Price: $1950000
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Tax Information
Parcel Number: 19-003-0093 Annual Tax: $3943
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Parking Information
Parking Total: 16
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School Information
Elementary School: HillcrestJunior High School: LakeridgeSenior High School: Mountain View -
Utility Information
Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected -
Location Information
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1234 N 590 #119, Orem, UT, 84097 | $1,042,900 | 3 | 4 | 4,453 | 4,453 SqFt |
| 566 N Bella Vista Dr, Orem, UT, 84097 | $2,950,000 | 6 | 9 | 10,272 | 10,272 SqFt |
| 1153 E 680, Orem, UT, 84097 | $849,999 | 5 | 4 | 3,528 | 3,528 SqFt |
| 876 E High Country Dr, Orem, UT, 84097 | $2,990,000 | 8 | 7 | 9,933 | 9,933 SqFt |
| 168 N 1200, Orem, UT, 84097 | $1,199,900 | 7 | 5 | 5,967 | 5,967 SqFt |
| 80 N 1200, Orem, UT, 84097 | $999,500 | 6 | 4 | 4,980 | 4,980 SqFt |
| 331 N 1100, Orem, UT, 84097 | $750,000 | 7 | 4 | 4,240 | 4,240 SqFt |
| 1366 N 750, Orem, UT, 84097 | $1,250,000 | 4 | 5 | 4,639 | 4,639 SqFt |
| 1757 N 710, Orem, UT, 84097 | $1,449,900 | 6 | 6 | 6,353 | 6,353 SqFt |
| 854 E 1030, Orem, UT, 84097 | $599,000 | 6 | 3 | 3,150 | 3,150 SqFt |
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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 06/04/2026 @ 15:55. 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. Properties may or may not be listed by the office/agent presenting the information.
ByOwner last updated this listing 06/04/2026 @ 15:55
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