$945,000

Estimated payment $5,475/month

8 Beds
6 Baths
4,000 Sq Ft
$236 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating
  • Cul-De-Sac

About This Home

Well-maintained, fully leased fourplex in one of Orem's most desirable and convenient rental locations. Fourplex featuring four townhouse-style units, each offering 1,000 square feet with 2 bedrooms and 1.5 bathrooms. Each unit includes washer and dryer hookups, central A/C, and central heating, with numerous updates completed throughout the property. Improvements include A/C installation, a roof replaced in 2018, driveway asphalt replaced, updated countertops in multiple units, two units with dishwashers, new carpet in one unit, and a new tub and shower surround in another unit. Current monthly rental income is $5,550, with rents of $1,350, $1,300 (month-to-month), $1,450, and $1,450 (month-to-month). Tenants pay their own gas and electricity, while the owner covers water, sewer, and trash. Situated on a 0.268-acre cul-de-sac lot with ample space behind the building, the property is conveniently located near University Place Mall and within 10 minutes of UVU, BYU, and I-15. Combining strong property condition with a prime Orem location, this fourplex presents an excellent long-term investment opportunity. Square footage figures are provided as a courtesy estimate only and were obtained from the county records. Buyer is advised to obtain an independent measurement.

Listing Agent

Joshua Spackman

Rock Canyon Real Estate LLC License #10763735 Listed on: 07/27/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,906

Year Built

  • Built in 1967

Lot Details

  • 11,761 Sq Ft Lot
  • Cul-De-Sac

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Open Parking Spaces

Schools

  • Centennial Elementary School
  • Lakeridge Middle School
  • Orem High School

Utilities

  • No Cooling
  • Central Heating
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • 4 Units
  • Dream Meadow Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37-022-0002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,906

Year Built

Built in 1967

Lot Details

0.27 Acres

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.27
  • Lot Size: 0.0x0.0x0.0
  • Subdivision Name: DREAM MEADOW
  • Architectural Style: Stories: 2
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1967
  • Image Status: All Public
  • Accessory Dwelling Unit: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Private Spa: No
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 4000.0

Exterior Features

  • Lot Features: Cul-De-Sac
  • Pool Private: No
  • Topography: Cul-de-Sac
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Property Condition: Blt./Standing
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
  • Parking Features: Parking: Uncovered
  • Total Parking Spaces: 8.0

Utilities

  • Cooling Y N: No
  • Heating: 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: Centennial
  • Junior High Dist: Alpine
  • High School: Orem
  • Middle Or Junior School: Lakeridge

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 11761.2
  • Parcel #: 37-022-0002
  • Zoning: Multi-Family

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3906.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,906 $508,860
2025 $3,849 $490,490
2024 $3,849 $470,690 $0 $0
2023 $3,546 $466,015 $0 $0
2022 $3,374 $429,550 $0 $0
2021 $3,044 $600,700 $155,500 $445,200
2020 $2,949 $558,900 $144,700 $414,200
2019 $2,638 $519,900 $134,600 $385,300
2018 $2,543 $478,800 $263,400 $215,400
2017 $2,290 $231,000 $0 $0
2016 $2,534 $235,730 $0 $0
2015 $2,441 $214,775 $0 $0
2014 $2,133 $186,780 $0 $0
Source: Public Records

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
07/27/2026 07/27/26 For Sale $945,000 -- $236 / 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 -- Bartlett Title
Personal Reps Deed -- Mountain West Title Company
Quit Claim Deed -- Mountain West Title Company
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
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 $651,700 New Conventional
Source: Public Records

Source: UtahRealEstate.com

MLS Number: 2174532

UtahRealEstate.com

APN: 37-022-0002

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