114 W 300 S Orem, UT 84058
Orem Park NeighborhoodEstimated payment $6,870/month
Highlights
- Mountain View
- Corner Lot
- Landscaped
- Orem Elementary School Rated A
- No HOA
- Forced Air Heating System
About This Home
Rare Fourplex Investment Opportunity in Orem Don't miss this unique opportunity to own a cash-flowing fourplex in the heart of Orem, located on a desirable residential street surrounded by well-maintained, attractive properties and convenient shopping, dining, schools, and everyday amenities. This spacious and well-positioned investment offers strong rental potential in a consistently high-demand area. Each of the four units features approximately 1765 square feet, with a generous 5-bedroom, 2-bathroom layout-an uncommon and highly desirable configuration that attracts long-term tenants and maximizes rental income potential. The property sits on a spacious lot with ample parking flexibility, making it convenient for tenants and enhancing overall appeal. With all four units currently rented, this is a true turnkey income-producing property. Rents are positioned for increase to match market value, offering additional upside for investors. Ideal for both seasoned investors and owner-occupants looking to offset their mortgage-live in one unit and rent out the others while building long-term wealth. Please do not disturb tenants. Interior showings will be arranged after an accepted offer.This is a rare opportunity to secure a high-performing multi-unit property in one of Utah County's most desirable rental markets. Square footage figures are provided as a courtesy estimate only and were obtained from County Records. Buyer is advised to obtain an independent measurement.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,194
Year Built
- Built in 1977
Lot Details
- 0.27 Acre Lot
- Landscaped
- Corner Lot
- Manual Sprinklers System
Home Design
- Quadruplex
- Brick Exterior Construction
- Asphalt Roof
- Clapboard
Interior Spaces
- 7,062 Sq Ft Home
- Mountain Views
Kitchen
- Free-Standing Range
- Dishwasher
Bedrooms and Bathrooms
- 20 Bedrooms
- 8 Bathrooms
Parking
- 8 Parking Spaces
- 8 Open Parking Spaces
Schools
- Westmore Elementary School
- Lakeridge Middle School
- Mountain View High School
Utilities
- No Cooling
- Forced Air Heating System
- Natural Gas Connected
Community Details
- No Home Owners Association
- 4 Units
- Summertree Subdivision
Listing and Financial Details
- Assessor Parcel Number 52-090-0013
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,736 | $652,190 | -- | -- |
| 2024 | $4,736 | $579,095 | $0 | $0 |
| 2023 | $4,363 | $573,375 | $0 | $0 |
| 2022 | $4,151 | $528,495 | $0 | $0 |
| 2021 | $3,833 | $739,100 | $184,900 | $554,200 |
| 2020 | $3,628 | $687,600 | $172,000 | $515,600 |
| 2019 | $3,245 | $639,600 | $136,500 | $503,100 |
| 2018 | $3,087 | $581,400 | $239,400 | $342,000 |
| 2017 | $2,781 | $280,500 | $0 | $0 |
| 2016 | $2,973 | $276,540 | $0 | $0 |
| 2015 | $2,858 | $251,405 | $0 | $0 |
| 2014 | $2,870 | $251,350 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/27/2026 02/27/26 | For Sale | $1,250,800 | -- | $177 / Sq Ft |
Source: UtahRealEstate.com
MLS Number: 2139961
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Licensor is only providing the MLS Content and not other sources of data provided in the Product.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc.. 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.
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