$699,000

Estimated payment $3,949/month

4 Beds
4 Baths
2,592 Sq Ft
$270 Price per Sq Ft

Highlights

  • Updated Kitchen
  • No HOA
  • Sliding Doors
  • Mature Trees
  • Covered Patio or Porch
  • Landscaped

About This Home

Exceptional investment opportunity in the heart of Orem! This well-maintained triplex features a spacious 3-bedroom unit, a comfortable 1-bedroom unit, and a studio apartment, offering strong rental flexibility and income potential. The property has undergone significant updates in recent years, providing modern appeal and reduced maintenance concerns for investors and tenants alike. Ideally located between Utah Valley University and Brigham Young University, this property is perfectly positioned to attract students, professionals, and long-term renters. Conveniently situated near University Place with abundant shopping, dining, and entertainment options, plus quick access to public transportation and major commuter routes. A rare opportunity to own a centrally located multi-family property in one of Utah Countys most desirable rental markets!

Listing Agent

Bret Clark

Prime Time Real Estate LLC License #3083110 Listed on: 05/16/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,655

Year Built

  • Built in 1959

Lot Details

  • 8,712 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Landscaped
  • Sprinkler System
  • Mature Trees

Home Design

  • Triplex
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,592 Sq Ft Home
  • Blinds
  • Sliding Doors
  • Carpet
  • Electric Dryer Hookup

Kitchen

  • Updated Kitchen
  • Free-Standing Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Basement

  • Exterior Basement Entry
  • Apartment Living Space in Basement

Parking

  • 1 Parking Space
  • 1 Carport Space

Outdoor Features

  • Covered Patio or Porch

Schools

  • Hillcrest Elementary School
  • Lakeridge Middle School
  • Orem High School

Utilities

  • No Cooling
  • Central Heating
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 55-013-0019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,655

Year Built

Built in 1959

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.2
  • Lot Size: 0.0x0.0x0.0
  • Inclusions: Ceiling Fan, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Water Softener: Own
  • Architectural Style: Up And Down
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1959
  • Image Status: All Public
  • Accessory Dwelling Unit: No
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Private Spa: No
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Basement Apartment, Disposal, Kitchen: Updated, Range/Oven: Free Stdng., Dishwasher: Built-In
  • Living Area: 2592.0
  • Window Features: Blinds

Exterior Features

  • Lot Features: Fenced: Part, Sidewalks, Sprinkler: Auto-Full
  • Pool Private: No
  • Topography: Fenced: Part, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Direction Faces: East
  • Exterior Features: Basement Entrance, Patio: Covered, Sliding Glass Doors
  • Patio And Porch Features: Covered
  • Property Condition: Blt./Standing
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Open Parking: No
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: No
  • Heating: Electric, Gas: Central
  • Heating Yn: Yes
  • Sewer: Sewer: Connected
  • Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Culinary

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Hillcrest
  • Junior High Dist: Alpine
  • High School: Orem
  • Middle Or Junior School: Lakeridge

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 55-013-0019
  • Zoning: Multi-Family

Rental Info

  • Available Date: 2026-06-03

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2655.0

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,659 $333,300 -- --
2024 $2,659 $325,160 $0 $0
2023 $2,450 $321,970 $0 $0
2022 $2,408 $306,625 $0 $0
2021 $2,313 $446,000 $156,100 $289,900
2020 $2,101 $398,300 $139,400 $258,900
2019 $1,880 $370,500 $126,500 $244,000
2018 $1,804 $339,800 $164,400 $175,400
2017 $1,665 $167,970 $0 $0
2016 $1,497 $139,260 $0 $0
2015 $1,439 $126,610 $0 $0
2014 $1,257 $110,110 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2026 05/16/26 For Sale $699,000 -- $270 / Sq Ft
Source: UtahRealEstate.com

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- Old Republic Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Morgan Title & Escrow Inc
Interfamily Deed Transfer -- Morgan Title & Escrow Inc
Warranty Deed -- Accommodation
Warranty Deed -- First American Title Co Llc
Interfamily Deed Transfer -- Horizon Title
Warranty Deed -- Equity Title Agency Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $332,859 FHA
Previous Owner $215,987 FHA
Previous Owner $217,745 FHA
Previous Owner $117,000 Commercial
Previous Owner $120,000 Commercial
Source: Public Records

Source: UtahRealEstate.com

MLS Number: 2158517

UtahRealEstate.com

APN: 55-013-0019

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