232 N 250 E Orem, UT 84057
Sharon NeighborhoodEstimated payment $6,308/month
Highlights
- Mountain View
- No HOA
- Accessible Doors
- Cascade Elementary School Rated A-
- Double Pane Windows
- Accessible Hallway
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.
Co-Listing Agent
Kaden Amano
Selling Salt Lake License #14216035
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,969
Year Built
- Built in 1969
Lot Details
- 10,019 Sq Ft Lot
- Partially Fenced Property
- Landscaped
- Sprinkler System
Home Design
- Quadruplex
- Brick Exterior Construction
- Frame Construction
- Asphalt Roof
Interior Spaces
- 4,158 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Blinds
- Mountain Views
- Electric Dryer Hookup
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Parking
- 8 Parking Spaces
- 8 Open Parking Spaces
Accessible Home Design
- Accessible Hallway
- Accessible Doors
Schools
- Sharon Elementary School
- Canyon View Middle School
- Orem High School
Utilities
- No Cooling
- Forced Air Heating System
- Natural Gas Connected
Community Details
- No Home Owners Association
- 4 Units
- North View Subdivision
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 47-037-0002
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 | $3,701 | $498,465 | -- | -- |
| 2024 | $3,701 | $452,595 | $0 | $0 |
| 2023 | $3,410 | $448,140 | $0 | $0 |
| 2022 | $3,244 | $413,050 | $0 | $0 |
| 2021 | $2,996 | $577,700 | $144,400 | $433,300 |
| 2020 | $2,836 | $537,500 | $134,400 | $403,100 |
| 2019 | $2,665 | $525,200 | $131,400 | $393,800 |
| 2018 | $2,482 | $467,400 | $255,400 | $212,000 |
| 2017 | $2,235 | $225,500 | $0 | $0 |
| 2016 | $2,395 | $222,805 | $0 | $0 |
| 2015 | $2,458 | $216,205 | $0 | $0 |
| 2014 | $2,147 | $187,990 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/22/2026 01/22/26 | Price Changed | $1,149,998 | 0.0% | $277 / Sq Ft |
| 01/15/2026 01/15/26 | Price Changed | $1,149,999 | 0.0% | $277 / Sq Ft |
| 12/04/2025 12/04/25 | For Sale | $1,150,000 | -- | $277 / Sq Ft |
Source: UtahRealEstate.com
MLS Number: 2125535
APN: 47-037-0002
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