732 E 1500 S Orem, UT 84097
Hillcrest NeighborhoodEstimated payment $5,352/month
Highlights
- No HOA
- Central Heating
- Carpet
About This Home
Well-maintained, fully leased fourplex in a highly desirable Orem rental location. Each of the four units offers 861 square feet with 2 bedrooms and 1 bathroom, including washer and dryer hookups. All units have central A/C (installed in 2023) and forced-air heating. The property has numerous capital improvements, including a new roof, siding, fascia, and rain gutters completed in 2013. Units 732, 734, and 736 were updated with cabinets, new sinks, and dishwashers, while several units also feature laminate flooring and other interior improvements. Situated on a deep 0.304-acre lot, the property offers additional outdoor space and long-term potential. Current monthly rental income is $4,850, with rents of $1,250, $1,250, $1,250, and $1,100 (month-to-month). Tenants pay their own gas and electricity, while the owner pays water, sewer, and trash. Ideally located adjacent to University Place Mall and within 10 minutes of UVU, BYU, and I-15, this property provides stable in-place income in one of Orem's strongest rental markets. 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: 07/30/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,746
Year Built
- Built in 1968
Lot Details
- 13,068 Sq Ft Lot
Parking
- Open Parking
Home Design
- Quadruplex
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 3,444 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
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
Listing and Financial Details
- Assessor Parcel Number 19-020-0074
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 | $3,746 | $481,800 | ||
| 2025 | $3,524 | $470,415 | ||
| 2024 | $3,524 | $430,870 | $0 | $0 |
| 2023 | $3,246 | $426,635 | $0 | $0 |
| 2022 | $3,089 | $393,250 | $0 | $0 |
| 2021 | $2,852 | $550,000 | $150,000 | $400,000 |
| 2020 | $1,835 | $347,800 | $104,300 | $243,500 |
| 2019 | $1,641 | $323,500 | $140,900 | $182,600 |
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 |
|---|---|---|---|---|
| 07/30/2026 07/30/26 | For Sale | $925,000 | -- | $269 / Sq Ft |
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 | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | None Available |
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 | $656,250 | New Conventional |
Source: UtahRealEstate.com
MLS Number: 2175563
APN: 19-020-0027
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Ask me questions while you tour the home.