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8 Beds
4 Baths
3,444 sqft

$925,000

732 E 1500 S, Orem UT, 84097

Price per sqft$268.58
Built in1968
Property size3,444 sqft
Property typeMulti-family

Overview

Active

Listed Jul 30, 2026

Updated Aug 24

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.

$6,154/mo

Est. mortgage payment based on a $925,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2175563

Interior Features

Bedrooms
8
Bathrooms
4
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.3 Acres

Other Property Details

Taxes
$3,746
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of Rock Canyon Real Estate LLC

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6:31 PM UTC, 8/24/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Nick Booth Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 Wasatch Front Regional MLS, Inc. All rights reserved.

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