Updated Duplex with
For Sale
$719,900
512 N 100 E, Orem, UT 84057
Residential, Orem, UT
Property Size2,779 SF
Lot Size0.22 Acres
Price / SF$259.05
Days on Market139
Property Features for 512 N 100 E
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Multi-Family
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Basement, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1
Parking
5
Parking features
Covered
Patio and Porch features
Porch, Patio
Interior features
Basement Apartment, Kitchen: Second, Mother-in-Law Apt., Dishwasher: Built-In
Exterior features
Porch: Open, Patio: Open
Subdivision
VU-MONT
Lot features
Corner Lot, Curb & Gutter, Fenced: Full, Road: Paved, View: Mountain
Elementary school
Sharon
Middle school
Canyon View
High school
Orem
Elementary school district
Alpine
Middle school district
Alpine
High school district
Alpine
Standard status
Active
APN
54-038-0007
Size
2,779 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Annual Amount
1648
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Building Details
Year built
1957
Number of units
2
Flooring type
Carpet
Building materials
Brick, Frame
Roof type
Asphalt
Architectural style
Other
Additional Structures
Other
Listing Agency:
Pine Valley Realty
(801) 756-3581
Listed By:
Cody Yeck
(801) 420-2824
Added: May 28
Changed: Sep 13
Last Checked: Oct 13 at 4:06AM
MLS# 2161340
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Investment Insights
Based on property information with market context.
This duplex in Orem combines a 2,779-square-foot layout with a basement apartment and second kitchen. The property was updated in 2021 and includes six bedrooms, two bathrooms, carpeted flooring, central natural-gas heating, and a built-in dishwasher. Brick and frame construction, an asphalt roof, and open porch and patio areas complete the improvements.
Current renters occupy the property, while the basement is expected to become available for owner occupancy in August. Covered parking is provided, and the 0.22-acre lot is served by public sewer. Multi-Family zoning supports the property’s duplex configuration.
Current renters occupy the property, while the basement is expected to become available for owner occupancy in August. Covered parking is provided, and the 0.22-acre lot is served by public sewer. Multi-Family zoning supports the property’s duplex configuration.
Key Highlights
- Duplex updated in 2021 with current renters
- 2,779 square feet on a 0.22‑acre lot
- Basement apartment with second kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,637
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,740
$512.7K
Cap Rate 7%
$366,243
$366.2K
Cap Rate 9%
$284,856
$284.9K
Market Conditions
NOI Build-Up for 2,779 SF
Gross rent
$38.4K $13.80/SF
− Vacancy
−$1.7K −$0.62/SF
EGI
$36.6K $13.18/SF
− OpEx
−$11.0K −$3.95/SF
NOI
$25.6K $9.23/SF
Area
Utah County, UT
Vacancy
4.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,740
Cap Rate 7%
$366,243
Cap Rate 9%
$284,856
Alternative Uses
Best Use
Multifamily LT 5
$366.2K
$320.5K – $427.3K
NOI $25,637 @ 7.0% cap · market cap 3.56%
Second Best
Apartment 5plus
$336.7K
$294.7K – $392.9K
NOI $23,572 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$766.1K
$670.3K – $893.7K
NOI $53,624 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,205
Businesses Nearby
Explore this area
Business Placement
Demographics for 84057, UT
38,401
Population
12,246
Households
3.1
Avg Household Size
29
Median Age
39%
College-Educated
93%
High-School Grad
6.2 sq mi
ZIP Area
6,194
Density / Sq Mi
$80,184
Median Household Income
$36,429
Median Earnings
$1,408
Median Rent
$398,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Brick duplex with a second kitchen, covered parking, and a basement apartment configured for flexible occupancy.
Where is this duplex located?
The property is located at 512 N 100 E Orem, UT.
What is the asking price?
The asking price for this property is $719,900.
What are key features of this property?
This property features: Duplex updated in 2021 with current renters; 2,779 square feet on a 0.22‑acre lot; Basement apartment with second kitchen
