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7-Unit Apartment Building
New
For Sale
$1,800,000

306 E 1600 S, Orem, UT 84058

Residential, Orem, UT

Property Size5,260 SF
Lot Size0.46 Acres
Price / SF$342.21
Days on Market2

Property Features for 306 E 1600 S

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 19
Bathrooms 14
Full bathrooms 14
Rooms Bathroom 5, Bedroom 12, Bathroom 12, Bedroom 17, Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 8, Bathroom 9, Bedroom 18, Bathroom 10, Bedroom 7, Bedroom 10, Bedroom 4, Bedroom 19, Bathroom 13, Bathroom 7, Bathroom 6, Bedroom 2, Bathroom 3, Bedroom 14, Bathroom 14, Bedroom 15, Bedroom 8, Bedroom 5, Bedroom 16, Bedroom 6, Bedroom 9, Bathroom 2, Bedroom 11, Bathroom 4, Bedroom 13, Bathroom 11
Parking 16
Parking features Covered
Interior features Disposal, Range/Oven: Free Stdng.
Exterior features Double Pane Windows, Out Buildings, Lighting
Lot features Fenced: Part, Sprinkler: Auto- Full
Elementary school Cherry Hill
Middle school Lakeridge
High school Orem
Elementary school district Alpine
Middle school district Alpine
High school district Alpine
Subdivision Orem; Provo; Sundance
Standard status Active
APN 48-213-0004
Size 5,260 SF
Lot size 0.46 Acres

Taxes and HOA fees

Tax Annual Amount 5906

Utilities

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

Building Details

Year built 1997
Number of units 7
Flooring type Linoleum, Carpet, Tile
Building materials Aluminum, Brick, Stucco
Roof type Asphalt
Architectural style Other
Listing Agency: Better Homes and Gardens Real Estate Momentum (Lehi)
Listed By: Aaron McIntire
Added: Sep 15 Last Checked: Sep 16 at 5:06AM
MLS# 2185386

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Located at 306 E 1600 S in Orem, this apartment property contains 7 units within 5,260 square feet of building area. The 0.46-acre site includes covered parking, outbuildings, exterior lighting, and double-pane windows. Construction incorporates brick, stucco, and aluminum, while interior finishes include carpet, tile, and linoleum. Individual features include ranges/ovens and disposals, with natural-gas forced-air central heating. The building was constructed in 1997 and is served by public sewer.

The property is positioned near Utah Valley University, Brigham Young University, major employment, shopping, dining, and I-15. Multi-Family zoning is identified for the site, providing a clear residential classification for the existing apartment use.

Key Highlights

  • 7 units in 5,260 square feet of building area
  • 0.46‑acre site in Orem at 306 E 1600 S
  • Multi‑Family zoning

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare Center Food Market HVAC Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,695
Businesses Nearby

Demographics for 84058, UT

33,734
Population
11,749
Households
2.9
Avg Household Size
26
Median Age
41%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
4,217
Density / Sq Mi
$71,474
Median Household Income
$27,325
Median Earnings
$1,395
Median Rent
$441,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multi-family zoning, covered parking, and central forced-air heating support the property’s residential configuration.
Where is this apartment building located?
The property is located at 306 E 1600 S Orem, UT.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 7 units in 5,260 square feet of building area; 0.46‑acre site in Orem at 306 E 1600 S; Multi‑Family zoning
More about this property
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