306 E 1600 S Orem, UT 84058
Cherry Hill NeighborhoodEstimated payment $10,045/month
Highlights
- 0.46 Acre Lot
- Double Pane Windows
- Landscaped
- No HOA
- Tile Flooring
- Forced Air Heating System
About This Home
Rare opportunity to acquire a 7-unit property in a strong Orem rental market! Seven income-producing units provide immediate cash flow with excellent long-term investment and appreciation potential. Prime central location near UVU, BYU, major employment, shopping, dining, and I-15. Hard-to-find multifamily asset offering scale, diversified rental income, and a great addition to any investment portfolio. Buyer to verify all information.
Listing Agent
Better Homes and Gardens Real Estate Momentum (Lehi) License #5493821 Listed on: 09/15/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,906
Year Built
- Built in 1997
Lot Details
- 20,038 Sq Ft Lot
- North Facing Home
- Partially Fenced Property
- Landscaped
- Sprinkler System
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Stucco
Interior Spaces
- 5,260 Sq Ft Home
- Double Pane Windows
- Electric Dryer Hookup
Kitchen
- Free-Standing Range
- Disposal
Flooring
- Carpet
- Linoleum
- Tile
Bedrooms and Bathrooms
- 19 Bedrooms
- 14 Bathrooms
Parking
- 16 Parking Spaces
- 6 Carport Spaces
- 10 Open Parking Spaces
Outdoor Features
- Exterior Lighting
- Outbuilding
Schools
- Cherry Hill Elementary School
- Lakeridge Middle School
- Orem High School
Utilities
- No Cooling
- Forced Air Heating System
- Natural Gas Connected
Community Details
- No Home Owners Association
- 7 Units
Listing and Financial Details
- Assessor Parcel Number 48-213-0004
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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 |
|---|---|---|---|---|
| 2026 | $5,906 | $764,665 | ||
| 2025 | $6,249 | $741,565 | ||
| 2024 | $6,249 | $764,115 | $0 | $0 |
| 2023 | $5,756 | $756,525 | $0 | $0 |
| 2022 | $5,476 | $697,235 | $0 | $0 |
| 2021 | $5,716 | $1,102,300 | $220,500 | $881,800 |
| 2020 | $5,539 | $1,049,900 | $210,000 | $839,900 |
| 2019 | $4,932 | $972,100 | $194,400 | $777,700 |
| 2018 | $4,489 | $845,300 | $169,000 | $676,300 |
| 2017 | $4,609 | $464,915 | $0 | $0 |
| 2016 | $4,760 | $442,805 | $0 | $0 |
| 2015 | $5,033 | $442,805 | $0 | $0 |
Property 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 | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/15/2026 09/15/26 | For Sale | $1,800,000 | -- | $342 / Sq Ft |
Source: UtahRealEstate.com
MLS Number: 2185386
APN: 48-213-0004
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Ask me questions while you tour the home.