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    1531 S 450 E Orem, UT 84058

    For Sale
    $1,399,999

    MULTI_FAMILY - Other - Orem, UT

    Property size:
    4,152 SF
    Lot size:
    0.30 Acres
    Days on Market:
    50
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 1531 S 450 E

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi-Family
    Rooms
    Bedroom 8, Bedroom 4, Bedroom 10, Bedroom 12, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 7, Bedroom 3, Bedroom 6, Bedroom 2, Bathroom 4, Bedroom 11, Bedroom 9, Bathroom 2, Bedroom 5
    Bedrooms
    12
    Bathrooms
    4
    APN
    40-039-0008
    Parking
    8
    Parking features
    Covered
    Interior features
    Disposal, Kitchen: Updated, Oven: Gas, Range/Oven: Free Stdng., Dishwasher: Built-In
    Size
    4,152 SF
    Lot size
    0.30 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Central, Forced Air

    Building Details

    Year built
    1984
    Number of units
    4
    Building materials
    Aluminum
    Roof type
    Asphalt
    Architectural style
    Other

    NRE (801) 641-7253 [email protected]

    Listing agent Alex Hansen (801) 382-9297

    Listing date Oct 17, 2025

    MLS# 2117810 Listing URL

    Copyright © 2025 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Fourplex Near University Place

    This remodeled fourplex in Orem presents an investment opportunity, situated minutes from the University Place shopping center and with convenient access to both BYU and UVU campuses. The building has been updated with modern features, including quartz countertops, LVP flooring, and stainless steel appliances. Comfort is ensured with new windows and a one-year-old HVAC system in all four units. The property has no HOA fees, offers high rental income, and features separate meters for streamlined management. The lot size is 0.3 acres and the property size is 4152 square feet. The property is zoned for multi-family use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Orem
    County
    Utah
    State
    Utah
    Longitude
    -111.683952
    Latitude
    40.269223

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    FAQs

    What type of property is this?
    Quadplex - Remodeled fourplex near shopping, BYU, and UVU campuses.
    Where is this quadplex located?
    The property is located at 1531 S 450 E Orem, UT.
    What is the asking price?
    The asking price for this property is $1,399,999.
    What are key features of this property?
    This property features: - Prime location near University Place, convenient to BYU and UVU, driving high rental demand.; - **Completely remodeled units featuring quartz countertops, LVP flooring, and stainless steel appliances.**; - New windows and a one-year-old HVAC system in all four units.
    (801) 382-9297
    Request Owner's contact information
    1531 S 450 E Orem, UT 84058
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    Orem, UT 84058
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1531 S 450 E Orem, UT 84058
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