225 W 1030 N, Orem, UT 84058

$885,000
Property Type: MultiFamily Square Footage: 3,348 Lot Size (sq. ft.): 10,454 Status: Pending
Current Price: $885,000 List Date: 4/13/2026 Last Modified: 5/14/2026

Description

FANTASTIC CORNER LOT!! Located in a prime location in Orem within walking distance to bus stops, grocery stores, restaurants, coffee shops, auto shops etc. making it very convenient for everyone. 3 units have had updates, one just got new paint and new carpet and every unit has had A/C installed in the last few years. 2 units just came available so a buyer could raise the rent if desired. These units are always occupied and rent very easily. Current owner has been receiving $1350 a month per unit making this a solid investment.

More Information MLS# 26-271262

Contract Info

Original List Price: 915000 Short Sale Status: No Listing Date: 2026-04-13

General Prop Info

Realtor.com: Multi-Family Lot Acres: 0.24 Hot Tub YN: No Pool Private YN: No Pool Community YN: No # of Buildings: 1 # Floors: 2 Elevators: No HOA Transfer Fee: No Year Built: 1976 Number of Units: 4 Total SqFt: 3348

Location, Tax & Legal

Total Taxes: 3832 Tax Year: 2025 List Price/SqFt: 264.34 Geo Lat: 40.315986 Geo Lon: -111.700968 List Price: $885,000 Current Price: $885,000 House Number: 225 Street Direction Pfx: W Street Name: 1030 Street Direction Sfx: N MLS Area: Outside Area State/Province: UT Postal Code: 84058 County: Utah Tax ID: 36-113-0001

Remarks & Misc

Public Remarks: FANTASTIC CORNER LOT!! Located in a prime location in Orem within walking distance to bus stops, grocery stores, restaurants, coffee shops, auto shops etc. making it very convenient for everyone. 3 units have had updates, one just got new paint and new carpet and every unit has had A/C installed in the last few years. 2 units just came available so a buyer could raise the rent if desired. These units are always occupied and rent very easily. Current owner has been receiving $1350 a month per unit making this a solid investment.

Annual Grs Rntl Inc

2 Bedroom Rent: 1400 2 Bedroom Total Rent: 1350 Potential Rental Inc: 65000

Annual Oper Expenses

Real Estate Taxes: 3832

Construction

Brick: 1

Separate Meters

Electric: 1 Gas: 1 Water: 1

Zoning

Multi-Family: 1

Garage/Carport

Carports: 1

Terms of Sale

1031 Exchange: 1 Cash: 1 Conventional: 1 FHA: 1 VA: 1

Roof

Asphalt: 1

Heating

Gas FA: 1

Air Conditioning

Central Air: 1

Showing Instructions

Call Listing Agent: 1

Possession

Subject To Tenant Rights: 1

Status Change Info

Under Contract Date: 2026-05-13 Status: Pending

Property Features

Construction: Brick Separate Meters: Electric; Gas; Water Roof: Asphalt Heating: Gas FA Air Conditioning: Central Air Showing Instructions: Call Listing Agent Zoning: Multi-Family Terms of Sale: 1031 Exchange; Cash; Conventional; FHA; VA Possession: Subject To Tenant Rights
Listing Office: Fathom Realty (Orem)
Last Updated: May - 14 - 2026
Information deemed reliable but not guaranteed.