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    232 N 250 E Orem, UT 84057

    New
    For Sale
    $1,150,000

    MULTI_FAMILY - Other - Orem, UT

    Property size:
    4,158 SF
    Lot size:
    0.23 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 232 N 250 E

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Blinds
    Zoning
    Multi-Family
    Rooms
    Bathroom 3, Bedroom 6, Bathroom 5, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 7, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 4, Bathroom 6, Bedroom 8, Bedroom 5
    Bedrooms
    8
    Bathrooms
    6
    APN
    47-037-0002
    Parking
    8
    Parking features
    Covered
    Exterior features
    Double Pane Windows
    Size
    4,158 SF
    Lot size
    0.23 Acres

    Utilities

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

    Building Details

    Year built
    1969
    Floors in Building
    2
    Number of units
    4
    Building materials
    Brick, Frame
    Roof type
    Asphalt
    Architectural style
    Other

    GateHouse Real Estate Co DBA Selling Salt Lake (801) 792-2010 [email protected]

    Listing agent Kian Torimi (801) 792-2010

    Listing date Dec 4, 2025

    MLS# 2125535 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

    Orem Fourplex with Recent Upgrades

    This well-maintained fourplex has undergone over $80,000 in recent capital improvements. Three of the four units have been extensively renovated, featuring new stainless steel appliances, luxury vinyl flooring, quartz countertops in the kitchens and bathrooms, stainless steel farmhouse sinks, updated lighting, and fresh paint throughout. All units are equipped with AC. Additional upgrades include a new washer and dryer, new water heater, a new furnace, electrical updates, plumbing updates, a new bath and shower, and refreshed landscaping. The property is fully leased to tenants, generating a combined rent of $6,100 per month. Located in Orem, units in this location experience strong demand and lease quickly. The property, situated on a 0.23-acre lot, offers 4,158 square feet of living space. The zoning is designated for multi-family use, making it a suitable residential income property.
    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 Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Orem
    County
    Utah
    State
    Utah
    Longitude
    -111.689327
    Latitude
    40.301501

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    FAQs

    What type of property is this?
    Quadplex - Updated fourplex in Orem, fully leased, strong rental performance.
    Where is this quadplex located?
    The property is located at 232 N 250 E Orem, UT.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Fully leased 4-plex generating $6,100 per month in rental income.; - Over $80,000 in recent capital improvements completed by licensed contractors.; - **Three of four units extensively renovated** with new stainless steel appliances, luxury vinyl flooring, and quartz countertops.
    (801) 792-2010
    Request Owner's contact information
    232 N 250 E Orem, UT 84057
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    Orem, UT 84057
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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
    232 N 250 E Orem, UT 84057
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