225 W 1030 N, Orem, UT 84058 (MLS# 26-271262)

225 W 1030 N, Orem, UT 84058

$885,000

Lower unit living room with laminate flooring

Lower unit kitchen with access to parking behind the building

Lower unit bedroom 1 with laminate flooring

Lower unit bedroom 2 with laminate flooring

Lower unit living room with new carpet and fresh paint

Living room lower unit with new carpet and fresh paint

Lower unit bedroom 1 with new carpet and fresh paint

Lower unit bedroom 2 with new carpet and fresh paint

Occupied unit kitchen with access to parking behind building

Property Type: MultiFamily Square Footage: 3,348 Lot Size (sq. ft.): 10,454 Status: Closed

Current Price: $885,000 List Date: 4/13/2026 Last Modified: 6/13/2026

Overview

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.

Listing Details MLS# 26-271262

Location, Tax & Legal

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

Contract Info

Original List Price: 915000
Short Sale Status: No

General Prop Info

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

Status Change Info

Sold Date: 2026-06-12
Under Contract Date: 2026-05-13
Sold Price/SqFt: 264.34

Annual Grs Rntl Inc

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

Annual Oper Expenses

Real Estate Taxes: 3832

More Information

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